GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Merriman Holdings Inc (OTCPK:MERR) » Definitions » Current Ratio

Merriman Holdings (Merriman Holdings) Current Ratio : 1.57 (As of Sep. 2015)


View and export this data going back to 1998. Start your Free Trial

What is Merriman Holdings Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Merriman Holdings's current ratio for the quarter that ended in Sep. 2015 was 1.57.

Merriman Holdings has a current ratio of 1.57. It generally indicates good short-term financial strength.

The historical rank and industry rank for Merriman Holdings's Current Ratio or its related term are showing as below:

MERR's Current Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 2.195
* Ranked among companies with meaningful Current Ratio only.

Merriman Holdings Current Ratio Historical Data

The historical data trend for Merriman Holdings's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Merriman Holdings Current Ratio Chart

Merriman Holdings Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 2.09 2.55 2.33 2.58

Merriman Holdings Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.23 2.58 1.68 1.81 1.57

Competitive Comparison of Merriman Holdings's Current Ratio

For the Capital Markets subindustry, Merriman Holdings's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Merriman Holdings's Current Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Merriman Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where Merriman Holdings's Current Ratio falls into.



Merriman Holdings Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Merriman Holdings's Current Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Current Ratio (A: Dec. 2014 )=Total Current Assets (A: Dec. 2014 )/Total Current Liabilities (A: Dec. 2014 )
=5.012/1.945
=2.58

Merriman Holdings's Current Ratio for the quarter that ended in Sep. 2015 is calculated as

Current Ratio (Q: Sep. 2015 )=Total Current Assets (Q: Sep. 2015 )/Total Current Liabilities (Q: Sep. 2015 )
=2.911/1.852
=1.57

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Merriman Holdings  (OTCPK:MERR) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Merriman Holdings Current Ratio Related Terms

Thank you for viewing the detailed overview of Merriman Holdings's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Merriman Holdings (Merriman Holdings) Business Description

Traded in Other Exchanges
N/A
Address
250 Montgomery Street, 16th Floor, San Francisco, CA, USA, 94104
Merriman Holdings Inc is a financial service holding company. It provides capital markets advisory and research, corporate and investment banking services. The company's investment bankers provide a range of corporate finance and strategic advisory services. Its corporate finance practice advises on and structures capital raising solutions for its corporate clients through public and private offerings primarily of equity and convertible debt securities.
Executives
D Jonathan Merriman director, 10 percent owner, officer: CEO MERRIMAN CURHAN FORD & CO 600 CALIFORNIA ST., 9TH FLOOR SAN FRANCISCO CA 94108
Ronald L Chez director, 10 percent owner 1524 NORTH ASTOR, CHICAGO IL 60610
Jeffrey M Soinski director 585 WEST 500 SOUTH, BOUNTIFUL UT 84010
William J Febbo director 600 CALIFORNIA ST., 9TH FLOOR, SAN FRANCISCO CA 94108
Douglas Bergeron director 111 W. OCEAN BOULEVARD, LONG BEACH CA 90802
Andrew Arno director, 10 percent owner C/O MERRIMAN CURHAN FORD GROUP, INC., 600 CALIFORNIA STREET, 9TH FLOOR, SAN FRANCISCO CA 94108
Christopher L Aguilar officer: General Counsel 600 CALIFORNIA STREET, 9TH FLOOR, SAN FRANCISCO CA 94108
Robert J Majteles director
Ronald Spears director 600 CALIFORNIA STREET, 9TH FLOOR, SAN FRANCISCO CA 94108

Merriman Holdings (Merriman Holdings) Headlines

From GuruFocus

MCF Corp (MERR) CEO D Jonathan Merriman buys 6,700 Shares

By GuruFocus Research GuruFocus Editor 06-11-2010

MCF Corp Reports Operating Results (10-Q)

By gurufocus 10qk 11-15-2010

MCF Corp Reports Operating Results (10-Q)

By gurufocus 10qk 11-16-2009

MCF Corp Reports Operating Results (10-Q)

By gurufocus 05-15-2009

MCF Corp (MERR) CEO D Jonathan Merriman buys 6,726 Shares

By GuruFocus Research GuruFocus Editor 09-17-2009

MCF Corp (MERR) CEO D Jonathan Merriman buys 8,700 Shares

By GuruFocus Research GuruFocus Editor 12-21-2009

MCF Corp (MERR) CEO D Jonathan Merriman buys 4,983 Shares

By GuruFocus Research GuruFocus Editor 10-01-2010

MCF Corp Reports Operating Results (10-Q)

By gurufocus 10qk 05-17-2010

MCF Corp (MERR) CEO D Jonathan Merriman buys 11,000 Shares

By GuruFocus Research GuruFocus Editor 06-09-2010