Mackinac Financial Corporation / Fundamentals

    Income statement

    Net revenue
    €53.99M
    Cost of goods sold
    €0.00
    Gross profit
    €53.99M
    SG&A expenses
    €27.37M
    R&D expenses
    €0.00
    EBITDA
    €21.23M
    D&A
    €2.41M
    EBIT
    €13.70M
    Interest expenses
    €4.32M
    EBT
    €14.50M
    Tax expenses
    €2.61M
    Net income
    €11.88M

    Cash flow statement

    Net deferred tax
    €941.67K
    Non-cash items
    -€1.20B
    Changes in working capital
    €1.20B
    Operating cash flow
    €18.77M
    Capex
    €1.88M
    Other investing cash flow
    €156.97M
    Net investing cash flow
    €162.01M
    Total cash dividends paid
    €0.00
    Issuance of common stock
    €0.00
    Debt repayment
    €0.00
    Other financing cash flow
    -€11.09M
    Net financing cash flow
    -€11.09M
    Foreign exchange effects
    €0.00
    Net change in cash
    €169.70M
    Cash at end of period
    €302.81M
    Free cash flow
    €20.65M

    Balance sheet

    Cash and cash equivalents
    €296.25M
    Cash and short-term investments
    €384.09M
    Total receivables
    €0.00
    Inventory
    €0.00
    Other current assets
    -€89.93M
    Total current assets
    €294.16M
    Property, plant & equipment
    €21.14M
    Goodwill
    €16.86M
    Intangible assets
    €3.47M
    Long-term investments
    €87.84M
    Other non-current assets
    -€106.83M
    Total non-current assets
    €22.49M
    Total assets
    €316.65M
    Accounts payable
    €0.00
    Short-term debt
    €0.00
    Other current liabilities
    €0.00
    Total current liabilities
    €0.00
    Long-term debt
    €24.50M
    Deferred tax liabilities
    €0.00
    Other non-current liabilities
    €0.00
    Total non-current liabilities
    €24.50M
    Total liabilities
    €1.16B
    Common stock
    €109.95M
    Retained earnings
    €37.21M
    Other equity
    €952.87K
    Total equity
    €148.12M
    Total liabilities and shareholders' equity
    €316.65M

    Company information

    Market capitalization
    €0.00
    Employees
    291
    Enterprise Value
    -€158.34M

    Company ratios

    Gross margin
    100.0% Better than peer group: 91.1%
    EBITDA margin
    39.3% Even with peer group: 38.1%
    EBIT margin
    25.4% Worse than peer group: 34.0%
    EBT margin
    26.9% Much better than peer group: 4.8%
    Net margin
    22.0% Better than peer group: 3.0%
    ROE
    8.0% Better than peer group: 1.8%
    ROA
    3.8% Even with peer group: 1.6%
    Asset turnover
    17.0% Even with peer group: 12.2%
    FCF margin
    31.3% Much better than peer group: 7.4%
    FCF yield
    0.0%
    Efficiency ratio
    60.7%
    Net sales per employee
    €185.53K
    Net income per employee
    €40.84K

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