Richmond Mutual Bancorporation, Inc. Financial Ratios — RMBI

Profitability (USD)

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	7.61	-19.07	13.48	14.04	15.39	10.76	10.44	12.24
Return on Assets (%)	- -	0.71	-1.53	0.97	0.95	1	0.68	0.63	0.76
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	4.41	3.52	3.2	3.65	3.53	2.78	2.83	2.41	2.26
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	20.47	21.99	-56.85	31.13	31.2	33.97	26.15	25.13	28
Profit Margin (%)	9.77	17.95	-41.33	24.95	25.6	27.96	22.55	21.69	23.74
Net Income to Common Margin (%)	9.77	17.95	-41.33	24.95	25.6	27.96	22.55	21.69	23.74
Effective Tax Rate (%)	52.26	18.38	- -	19.83	17.93	17.67	13.78	13.68	15.21
Dvd Payout Ratio (%)	- -	8.81	- -	18.36	83.24	33.99	62.41	60.75	50.4
Sustainable Growth Rate (%)	- -	6.94	-19.07	11	2.35	10.16	4.05	4.1	6.07

Credit (USD)

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	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	104	136	154	170	180	180	271	265	252
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	104	136	154	170	180	180	271	265	252
Total Debt/EBITDA	84.94	122.37	141.12	115.92	117.08	139.76	227.79	254.06	229
Net Debt/EBITDA	71.57	108.91	103.92	82.66	102.09	127.01	210.78	232.92	197.01
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	9.52	9.12	7.12	7.23	6.33	6.64	6.02	6.09	6.39
Long-Term Debt/Equity (%)	127.14	158.53	82.01	88.21	99.73	135.97	200.95	199.44	172.86
Long-Term Debt/Capital (%)	59.17	63.72	68.67	68.43	69.16	67.1	75.48	74.29	72.12
Long-Term Debt/Total Assets (%)	13.8	16.02	15.62	15.68	14.2	13.55	18.55	17.61	16.52
Total Debt/Equity (%)	127.14	158.53	82.01	88.21	99.73	135.97	200.95	199.44	172.86
Total Debt/Capital (%)	59.17	63.72	68.67	68.43	69.16	67.1	75.48	74.29	72.12
Total Debt/Total Assets (%)	13.8	16.02	15.62	15.68	14.2	13.55	18.55	17.61	16.52
Net Debt to Equity	107.13	141.09	60.39	62.91	86.97	123.57	185.94	182.84	148.72
Net Debt/Capital (%)	54.98	60.99	61.75	60.72	66.16	64.96	74.02	72.6	68.99
EBITDA	1	1	1	1	2	1	1	1	1
EBITDA-CapEx	1	- -	- -	- -	1	1	1	1	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

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	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	9.52	9.12	7.12	7.23	6.33	6.64	6.02	6.09	6.39
Long-Term Debt/Equity (%)	127.14	158.53	82.01	88.21	99.73	135.97	200.95	199.44	172.86
Long-Term Debt/Capital (%)	59.17	63.72	68.67	68.43	69.16	67.1	75.48	74.29	72.12
Long-Term Debt/Total Assets (%)	13.8	16.02	15.62	15.68	14.2	13.55	18.55	17.61	16.52
Total Debt/Equity (%)	127.14	158.53	82.01	88.21	99.73	135.97	200.95	199.44	172.86
Total Debt/Capital (%)	59.17	63.72	68.67	68.43	69.16	67.1	75.48	74.29	72.12
Total Debt/Total Assets (%)	13.8	16.02	15.62	15.68	14.2	13.55	18.55	17.61	16.52
CFO/Total Liabilities	0.93	1.11	1.26	1.86	-0.89	1.52	0.91	1.08	1.16
CFO/CapEx	11.62	6.37	10.52	8.81	-16.65	47.16	19.56	32.04	11.73
Altman's Z-Score	0.17	0.17	0.28	0.25	0.22	0.2	0.17	0.18	0.18

Working Capital (USD)

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	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	12.77	11.88	10.35	9.79	10.42	7.97	7.28	7.91
Days Sales Outstanding	- -	28.58	30.73	35.26	37.3	35.04	45.79	50.12	46.15
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	199	168	182	140	120	143	136
- Cash & Cash Equivalents	16	15	41	49	23	16	20	22	35
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	104	136	154	170	180	180	271	265	252
Enterprise Value	-31	-1	111	44	-18	19	88	127	101
Total Capital	176	214	224	248	260	268	359	357	349
Total Debt/Capital (%)	59.17	63.72	68.67	68.43	69.16	67.1	75.48	74.29	72.12
Total Debt / EV	-3.38	-100.54	1.39	3.84	-9.83	9.59	3.09	2.08	2.5
EV/Sales	- -	- -	3.24	1.1	- -	0.4	2.09	2.95	2.06
EV/EBITDA	- -	- -	101.29	30.18	- -	14.57	73.74	122.14	91.46
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	10.95	2.67	- -	1.03	7.24	8.64	6.3
EV/Free Cash Flow to Firm	- -	- -	10	2.4	- -	1.01	6.89	8.37	5.81
Diluted Market Cap	- -	- -	199	168	187	144	120	145	139
Diluted Enterprise Value	88	121	312	289	344	307	371	388	356
EV per Share	- -	- -	8.87	3.61	- -	1.74	8.44	12.64	10.41
TTM Sales	28	32	34	40	44	46	42	43	49
TTM EBITDA	1	1	1	1	2	1	1	1	1
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	6	8	10	17	-10	18	12	15	16
TTM Free Cash Flow to Firm	7	10	11	18	-9	19	13	15	17

Multiples (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	17.99	9.09	-20.59	7.76	9.45	9.51	8.02
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	-31	-1	111	44	-18	19	88	127	101
Low Price	- -	- -	12.75	8.95	12.55	12.24	8.61	10.11	11.37
EV/Sales	- -	- -	3.24	1.1	- -	0.4	2.09	2.95	2.06
EV/EBITDA	- -	- -	101.29	30.18	- -	14.57	73.74	122.14	91.46
Price/Earnings	- -	- -	- -	16.72	16.35	10.8	12.61	15.21	11.73
Price/Earnings Average	- -	- -	-12.28	14.6	15.01	12.25	12.35	13.14	11.4
Price/Earnings High	- -	- -	-14.16	19.61	17.03	15.08	15.62	16.29	12.73
Price/Earnings Low	- -	- -	-11.28	10.96	12.79	10.16	9.44	10.87	9.5
Price/Book Value	- -	- -	2.83	2.14	2.27	1.59	1.36	1.56	1.39
Price/Book Value Average	- -	- -	2.46	1.87	2.08	1.8	1.33	1.34	1.35
Price/Book Value High	- -	- -	2.84	2.51	2.36	2.22	1.68	1.67	1.51
Price/Book Value Low	- -	- -	2.26	1.4	1.78	1.49	1.02	1.11	1.13
Price/Tangible Book Value	- -	- -	1.07	0.88	1.02	1.07	0.9	1.09	0.94
Price/Tangible Book Value Average	- -	- -	0.93	0.77	0.94	1.22	0.88	0.94	0.92
Price/Tangible Book Value High	- -	- -	1.07	1.03	1.06	1.5	1.11	1.17	1.02
Price/Tangible Book Value Low	- -	- -	0.85	0.57	0.8	1.01	0.67	0.78	0.76
Price/Sales	- -	- -	5.84	4.17	4.19	3.02	2.84	3.3	2.78
Price/Sales Average	- -	- -	5.07	3.64	3.84	3.43	2.78	2.85	2.71
Price/Sales High	- -	- -	5.85	4.89	4.36	4.22	3.52	3.53	3.02
Price/Sales Low	- -	- -	4.66	2.73	3.27	2.84	2.13	2.36	2.25
Price/Cash Flow	- -	- -	19.7	10.11	-18.9	7.71	9.88	9.67	8.5
Price/Cash Flow Average	- -	- -	17.13	8.83	-17.34	8.75	9.67	8.36	8.26
Price/Cash Flow High	- -	- -	19.75	11.85	-19.67	10.77	12.23	10.35	9.23
Price/Cash Flow Low	- -	- -	15.74	6.62	-14.78	7.26	7.39	6.91	6.88
Price/Free Cash Flow Average	- -	- -	15.64	7.94	-18.9	8.8	9.25	8.22	7.8
Price/Free Cash Flow High	- -	- -	18.04	10.67	-21.44	10.83	11.7	10.19	8.71
Price/Free Cash Flow Low	- -	- -	14.37	5.96	-16.1	7.3	7.07	6.8	6.5
EV/Sales Average	3.15	3.83	8.4	6.66	7.45	6.95	8.74	8.47	7.15
EV/Sales High	3.15	3.83	9.18	7.91	7.97	7.74	9.48	9.15	7.47
EV/Sales Low	3.15	3.83	7.99	5.75	6.88	6.37	8.09	7.98	6.7
EV/EBITDA Average	71.57	108.91	262.39	182.43	210.91	250.35	309.22	351.09	316.92
EV/EBITDA High	71.57	108.91	286.66	216.63	225.53	278.82	335.3	379.34	330.93
EV/EBITDA Low	71.57	108.91	249.54	157.51	194.8	229.33	286.01	330.63	296.93
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	15.96	13.66	16.05	13.01	11.51	14.15	14.04
High Price	- -	- -	16	16.02	16.71	18.16	14.25	15.15	15.24
Enterprise Value Average	88	121	286	268	324	322	368	366	349
Enterprise Value High	88	121	313	318	347	359	399	396	364
Enterprise Value Low	88	121	272	231	299	295	340	345	327

Shares Outstanding	13	13	14	13	12	12	10	10	10
Diluted Weighted Avg Shares	13	13	12	12	12	11	10	10	10
Basic Weighted Avg Shares	13	13	12	12	11	11	10	10	10
Revenue per Share	2.13	2.43	2.73	3.27	3.83	4.31	4.05	4.29	5.04
EBITDA per Share	0.09	0.09	0.09	0.12	0.14	0.12	0.11	0.1	0.11
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	0.21	0.44	-1.13	0.82	0.98	1.2	0.91	0.93	1.2
Basic EPS from Cont Ops	0.21	0.44	-1.13	0.82	0.98	1.2	0.91	0.93	1.2
Diluted EPS, GAAP	0.21	0.44	-1.13	0.82	0.96	1.17	0.91	0.92	1.17
Diluted EPS from Cont Ops	0.21	0.44	-1.13	0.82	0.96	1.17	0.91	0.92	1.17
Dividend per Share	- -	0.04	- -	0.15	0.82	0.41	0.57	0.57	0.6
Cash Flow per Share	0.48	0.65	0.81	1.35	-0.85	1.69	1.17	1.46	1.65
Free Cash Flow per Basic Share	0.44	0.55	0.73	1.2	-0.9	1.65	1.11	1.42	1.51
Cash & Equivalents per Share	10.34	10.55	19.45	23.91	33.51	27.99	29.14	27.8	29.69
Book Value per Share	5.51	5.95	5.64	6.39	7.07	8.2	8.47	9.1	10.08
Tangible Book Value per Share	6.2	6.5	14.98	15.57	15.75	12.11	12.78	12.99	14.88

Richmond Mutual Bancorporation, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)