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Merriman Holdings (Merriman Holdings) ROE % : 0.00% (As of Sep. 2015)


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What is Merriman Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Merriman Holdings's annualized net income for the quarter that ended in Sep. 2015 was $-14.94 Mil. Merriman Holdings's average Total Stockholders Equity over the quarter that ended in Sep. 2015 was $-2.96 Mil. Therefore, Merriman Holdings's annualized ROE % for the quarter that ended in Sep. 2015 was N/A%.

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

MERR's ROE % is not ranked *
in the Capital Markets industry.
Industry Median: 5.33
* Ranked among companies with meaningful ROE % only.

Merriman Holdings ROE % Historical Data

The historical data trend for Merriman Holdings's ROE % 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 ROE % Chart

Merriman Holdings Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -82.42 -209.84 -647.41 - -

Merriman Holdings Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
ROE % 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 -271.63 -1,203.83 - - -

Competitive Comparison of Merriman Holdings's ROE %

For the Capital Markets subindustry, Merriman Holdings's ROE %, along with its competitors' market caps and ROE % 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 ROE % Distribution in the Capital Markets Industry

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

* The bar in red indicates where Merriman Holdings's ROE % falls into.



Merriman Holdings ROE % Calculation

Merriman Holdings's annualized ROE % for the fiscal year that ended in Dec. 2014 is calculated as

ROE %=Net Income (A: Dec. 2014 )/( (Total Stockholders Equity (A: Dec. 2013 )+Total Stockholders Equity (A: Dec. 2014 ))/ count )
=-1.628/( (-0.147+-0.102)/ 2 )
=-1.628/-0.1245
=N/A %

Merriman Holdings's annualized ROE % for the quarter that ended in Sep. 2015 is calculated as

ROE %=Net Income (Q: Sep. 2015 )/( (Total Stockholders Equity (Q: Jun. 2015 )+Total Stockholders Equity (Q: Sep. 2015 ))/ count )
=-14.94/( (-2.415+-3.508)/ 2 )
=-14.94/-2.9615
=N/A %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2015) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Merriman Holdings  (OTCPK:MERR) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2015 )
=Net Income/Total Stockholders Equity
=-14.94/-2.9615
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-14.94 / 9.44)*(9.44 / 3.5965)*(3.5965 / -2.9615)
=Net Margin %*Asset Turnover*Equity Multiplier
=-158.26 %*2.6248*N/A
=ROA %*Equity Multiplier
=-415.4 %*N/A
=N/A %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2015 )
=Net Income/Total Stockholders Equity
=-14.94/-2.9615
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-14.94 / -14.94) * (-14.94 / -1.564) * (-1.564 / 9.44) * (9.44 / 3.5965) * (3.5965 / -2.9615)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 9.5524 * -16.57 % * 2.6248 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Merriman Holdings ROE % Related Terms

Thank you for viewing the detailed overview of Merriman Holdings's ROE % 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

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