Total Debt
$208.6M
Net Debt
-$4.46B
Mechanics Bank currently has $208.6M in total debt. Net debt is -$4.46B after cash offsets. This 'Net Cash' position indicates exceptional financial strength.
Financial Fundamentals
MCHB • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-06-30 | 0.21 | 4.67 | -4.46Net Cash | 21.23 | 1.0% |
| 2026-03-31 | 0.21 | 4.42 | -4.21Net Cash | 21.39 | 1.0% |
| 2025-12-31 | 0.23 | 1.09 | -0.86Net Cash | 22.35 | 1.0% |
| 2025-09-30 | 0.28 | 4.98 | -4.70Net Cash | 22.71 | 1.2% |
| 2025-06-30 | 1.27 | 0.20 | 1.06 | 7.61 | 16.6% |
| 2025-03-31 | 0.06 | 4.38 | -4.33Net Cash | 16.54 | 0.4% |
| 2024-12-31 | 0.06 | 4.06 | -4.01Net Cash | 16.49 | 0.3% |
| 2024-09-30 | 2.12 | 0.21 | 1.92 | 9.20 | 23.1% |
| 2024-06-30 | 2.11 | 0.22 | 1.89 | 9.27 | 22.8% |
| 2024-03-31 | 2.32 | 0.32 | 2.00 | 9.46 | 24.5% |
| 2023-12-31 | 2.00 | 0.24 | 1.76 | 9.43 | 21.3% |
| 2023-09-30 | 2.10 | 0.23 | 1.87 | 9.46 | 22.2% |
| 2023-06-30 | 2.20 | 0.17 | 2.02 | 9.50 | 23.1% |
| 2023-03-31 | 2.10 | 0.38 | 1.73 | 9.86 | 21.3% |
| 2022-12-31 | 1.28 | 0.09 | 1.19 | 9.41 | 13.6% |
| 2022-09-30 | 1.79 | 0.06 | 1.74 | 9.07 | 19.8% |
| 2022-06-30 | 1.68 | 0.08 | 1.61 | 8.58 | 19.6% |
| 2022-03-31 | 0.50 | 0.07 | 0.42 | 7.51 | 6.6% |
| 2021-12-31 | 0.17 | 0.07 | 0.10 | 7.23 | 2.3% |
| 2021-09-30 | 0.13 | 0.22 | -0.09Net Cash | 7.37 | 1.7% |
| 2021-06-30 | 0.18 | 0.09 | 0.09 | 7.17 | 2.5% |
| 2021-03-31 | 0.21 | 0.07 | 0.14 | 7.27 | 2.9% |
| 2020-12-31 | 0.45 | 0.06 | 0.39 | 7.28 | 6.2% |
| 2020-09-30 | 0.64 | 0.08 | 0.56 | 7.41 | 8.6% |
| 2020-06-30 | 0.84 | 0.07 | 0.77 | 7.35 | 11.4% |
| 2020-03-31 | 0.79 | 0.07 | 0.72 | 6.81 | 11.7% |
| 2019-12-31 | 0.71 | 0.06 | 0.65 | 6.86 | 10.4% |
| 2019-09-30 | 0.25 | 0.07 | 0.18 | 6.84 | 3.7% |
| 2019-06-30 | 0.63 | 0.10 | 0.54 | 7.20 | 8.8% |
| 2019-03-31 | 0.87 | 0.07 | 0.80 | 7.17 | 12.2% |
| 2018-12-31 | 1.08 | 0.06 | 1.02 | 7.07 | 15.2% |
| 2018-09-30 | 1.00 | 0.06 | 0.94 | 7.03 | 14.2% |
| 2018-06-30 | 1.16 | 0.18 | 0.99 | 7.16 | 16.2% |
| 2018-03-31 | 1.00 | 0.07 | 0.94 | 6.92 | 14.5% |
| 2017-12-31 | 1.10 | 0.07 | 1.03 | 6.77 | 16.3% |
| 2017-09-30 | 1.26 | 0.00 | 1.26 | 6.80 | 18.5% |
| 2017-06-30 | 0.99 | 0.00 | 0.99 | 6.59 | 15.1% |
| 2017-03-31 | 0.99 | 0.00 | 0.99 | 6.40 | 15.4% |
| 2016-12-31 | 0.99 | 0.00 | 0.99 | 6.29 | 15.8% |
| 2016-09-30 | 0.98 | 0.00 | 0.98 | 6.23 | 15.8% |