Mackinac Financial Long Term Debt

Mackinac Financial (MFNC) currently reports a long-term debt of $28M as of June 2021. That compares with $110M in the prior-year period — down 75.2% year over year. Use the charts on this page to explore Mackinac Financial's long-term debt history and peer comparisons.

Mackinac Financial's long-term debt decreased from $110M to $28M — a 75.2% year-over-year decrease (period ending June 2021). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Mackinac Financial reported $28M in long-term debt as of June 2021. That compares with $110M in the prior-year period — down 75.2% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current long-term debt of $28M, then check the historical chart for trend and the peer comparison chart for relative positioning. From there, open related valuation or income-statement pages for Mackinac Financial, and consider following MFNC for alerts when major investors trade the stock.

Mackinac Financial is classified in the Finance sector. On long-term debt, it currently shows $28M. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Finance are usually more informative than comparing MFNC with unrelated industries.