Merchants Bancorp Liquidation Value

MBIN Other

Cash & Equivalents

$212.20M
As of 2025-12-31
Current Price: N/A

Key Metrics

Cash Liquidation Value

Cash minus Total Obligations
Cash: $212.20M
Total Obligations: -$3.85B
$-3.64B
Per share: $-79.26
Period: 2025-12-31

Liquid Liquidation Value

Cash + AR minus Total Obligations
Cash: $212.20M
AR: $0
Total Obligations: -$3.85B
$-3.64B
Per share: $-79.26
Period: 2025-12-31

Operating Liquidation Value

Cash + AR + Inventory minus Total Obligations
Cash: $212.20M
AR: $0
Inventory: $0
Total Obligations: -$3.85B
$-3.64B
Per share: $-79.26
Period: 2025-12-31

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Liquidation Ladder

MetricTotalPer Share
Cash Liquidation Value$-3.64B$-79.26
Liquid Liquidation Value$-3.64B$-79.26
Operating Liquidation Value$-3.64B$-79.26

Key Components (as of 2025-12-31)

Cash & Equivalents$212.20M
Accounts ReceivableN/A
InventoryN/A
Current LiabilitiesN/A
Long-term Debt$3.84B
Op. Lease Liability$7.26M
Finance LeaseN/A
Shares Outstanding45.9M

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Historical

PeriodCashARInventoryAPCurr LiabLT DebtOp LeaseFin Lease
2025-12-31$212.20MN/AN/AN/AN/A$3.84B$7.26MN/A
2025-09-30$681.84MN/AN/AN/AN/A$2.90B$7.80MN/A
2025-06-30$690.97MN/AN/AN/AN/A$4.01B$8.32MN/A
2025-03-31$554.70MN/AN/AN/AN/A$4.00B$8.82MN/A
2024-12-31$510.11MN/AN/AN/AN/A$4.39B$9.30MN/A
2024-09-30$647.61MN/AN/AN/AN/A$3.57B$9.30MN/A
2024-06-30$577.88MN/AN/AN/AN/A$1.16B$9.10MN/A
2024-03-31$547.96MN/AN/AN/AN/A$1.84B$9.39MN/A

Comments

SEC Filings

PeriodFormFiledLink
2025-12-31 10-K 2026-02-27 View
2025-09-30 10-Q 2025-11-07 View
2025-06-30 10-Q 2025-08-11 View
2025-03-31 10-Q 2025-05-09 View
2024-12-31 10-K 2025-02-28 View
2024-09-30 10-Q 2024-11-08 View
2024-06-30 10-Q 2024-08-09 View
2024-03-31 10-Q 2024-05-10 View

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