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. Marin Software's current ratio for the quarter that ended in Sep. 2024 was 3.08.
Marin Software has a current ratio of 3.08. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Marin Software's Current Ratio or its related term are showing as below:
MRINQ's Current Ratio is not ranked *
in the Software industry.
Industry Median: 1.82 * Ranked among companies with meaningful Current Ratio only.
Marin Software (GREY:MRINQ) 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.
Marin Software Current Ratio Related Terms
Marin Software Current Ratio Historical Data
* Premium members only.
The historical data trend for Marin Software'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.
MRINQ vs BBLR, RTCJD, XYLB: Current Ratio Comparison
For the Software - Application subindustry, Marin Software'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.
Marin Software Current Ratio vs Software Industry
For the Software industry and Technology sector, Marin Software's Current Ratio distribution charts can be found below:
* The bar in red indicates where Marin Software's Current Ratio falls into.
* 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.
Marin Software (MRINQ) has a Current Ratio of 3.08 as of Sep. 2024.
Is Marin Software's Current Ratio too high?
Marin Software's current Current Ratio is 3.08. The Software industry median Current Ratio is 1.82. Marin Software's value of 3.08 is 69.2% above this industry median. Overall, Marin Software has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Marin Software's Current Ratio compare to BBLR and RTCJD?
Marin Software's Current Ratio of 3.08 can be compared against companies in the Software industry. The industry median Current Ratio is 1.82. Marin Software's value of 3.08 is 69.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Software company?
The median Current Ratio among Software companies is 1.82, based on 2,865 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marin Software's current Current Ratio of 3.08 is 69.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median Current Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marin Software's current Current Ratio is 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marin Software stock overvalued right now?
Marin Software (MRINQ) has a current Current Ratio of 3.08. The current Current Ratio is 3.08 and 69.2% above the Software industry median of 1.82. Marin Software's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Marin Software (MRINQ), the current Current Ratio is 3.08 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Marin Software Inc provides a cloud-based digital advertising management solution for search, display, social, and mobile advertising channels to improve financial performance, realize efficiencies and time savings, and improve business decisions. The company's enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. Its software solution is designed to help its customers measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; and manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions. All the business activity of the firm is functioned through the geographical regions of The United States.
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