Merriman Holdings Inc
Merriman Holdings, Inc., through its subsidiary, Merriman Capital, Inc., provides capital market advisory and research, corporate, and investment banking services primarily in the United States and Canada. The company's investment banking services include corporate financing services, such as initial public offerings, secondary offerings, and private placements services; and strategic advisory se… Read more
Merriman Holdings Inc (MERR) - Net Assets
Latest net assets as of September 2015: $-3.51 Million USD
Based on the latest financial reports, Merriman Holdings Inc (MERR) has net assets worth $-3.51 Million USD as of September 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.42 Million) and total liabilities ($6.93 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-3.51 Million |
| % of Total Assets | -102.54% |
| Annual Growth Rate | N/A |
| 5-Year Change | -102.06% |
| 10-Year Change | -100.55% |
| Growth Volatility | 1163.61 |
Merriman Holdings Inc - Net Assets Trend (1995–2014)
This chart illustrates how Merriman Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Merriman Holdings Inc (1995–2014)
The table below shows the annual net assets of Merriman Holdings Inc from 1995 to 2014.
| Year | Net Assets | Change |
|---|---|---|
| 2014-12-31 | $-101.65K | +30.67% |
| 2013-12-31 | $-146.63K | +68.56% |
| 2012-12-31 | $-466.40K | -118.02% |
| 2011-12-31 | $2.59 Million | -47.57% |
| 2010-12-31 | $4.94 Million | -38.43% |
| 2009-12-31 | $8.02 Million | +3.91% |
| 2008-12-31 | $7.72 Million | -77.83% |
| 2007-12-31 | $34.81 Million | +114.65% |
| 2006-12-31 | $16.22 Million | -11.89% |
| 2005-12-31 | $18.40 Million | +9.97% |
| 2004-12-31 | $16.73 Million | +218.06% |
| 2003-12-31 | $5.26 Million | +195.15% |
| 2002-12-31 | $-5.53 Million | -60.66% |
| 2001-12-31 | $-3.44 Million | -125.19% |
| 2000-12-31 | $13.66 Million | +4185.35% |
| 1999-12-31 | $318.83K | -54.50% |
| 1998-12-31 | $700.65K | +12415.94% |
| 1995-12-31 | $-5.69K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Merriman Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 15031759600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2014)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $452.00 | % |
| Other Components | $150.43 Million | % |
| Total Equity | $-101.65K | 100.00% |
Merriman Holdings Inc Competitors by Market Cap
The table below lists competitors of Merriman Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mansfelder Metals Ltd
PINK:MNSF
|
$0.92 |
|
Universal Systems Inc
PINK:UVSS
|
$0.92 |
|
New World Gold Cp
PINK:NWGC
|
$0.92 |
|
ZA Group Inc
PINK:ZAAG
|
$0.92 |
|
Colombia Energy Resources Inc
PINK:CERX
|
$0.92 |
|
Circuit Research Labs Inc
PINK:CRLI
|
$0.92 |
|
Poniard Pharmaceuticals Inc
PINK:PARD
|
$0.92 |
|
Commerce Group Corp
PINK:CGCO
|
$0.92 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Merriman Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2013 to 2014, total equity changed from -146,627 to -101,650, a change of 44,977.
- Net loss of 1,627,926 reduced equity.
- Other factors increased equity by 1,672,903.
Equity Change Factors (2013 to 2014)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.63 Million | -1601.5% |
| Other Changes | $1.67 Million | +1645.75% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Merriman Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $-41.83 | $0.00 | x |
| 1996-12-31 | $-9.56 | $0.00 | x |
| 1997-12-31 | $-1.47 | $0.00 | x |
| 1998-12-31 | $157.70 | $0.00 | x |
| 1999-12-31 | $36.44 | $0.00 | x |
| 2000-12-31 | $1207.51 | $0.00 | x |
| 2001-12-31 | $-277.65 | $0.00 | x |
| 2002-12-31 | $-400.33 | $0.00 | x |
| 2003-12-31 | $170.24 | $0.00 | x |
| 2004-12-31 | $314.67 | $0.00 | x |
| 2005-12-31 | $406.79 | $0.00 | x |
| 2006-12-31 | $340.89 | $0.00 | x |
| 2007-12-31 | $578.12 | $0.00 | x |
| 2008-12-31 | $129.09 | $0.00 | x |
| 2009-12-31 | $132.63 | $0.00 | x |
| 2010-12-31 | $73.95 | $0.00 | x |
| 2011-12-31 | $13.26 | $0.00 | x |
| 2012-12-31 | $-2.68 | $0.00 | x |
| 2013-12-31 | $-0.05 | $0.00 | x |
| 2014-12-31 | $-0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Merriman Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.22%
- • Asset Turnover: 2.79x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-226.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.99K |
| 1996 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.83K |
| 1997 | 0.00% | 0.00% | 0.00x | 0.00x | $-180.00 |
| 1998 | -448.80% | 0.00% | 0.00x | 1.18x | $-3.21 Million |
| 1999 | -2916.54% | 0.00% | 0.00x | 9.55x | $-9.33 Million |
| 2000 | -327.37% | -49032.47% | 0.01x | 1.19x | $-46.10 Million |
| 2001 | 0.00% | -14633.52% | 0.03x | 0.00x | $-29.73 Million |
| 2002 | 0.00% | -51.85% | 1.74x | 0.00x | $-2.85 Million |
| 2003 | 56.47% | 16.23% | 1.89x | 1.84x | $2.45 Million |
| 2004 | 11.20% | 4.87% | 1.54x | 1.49x | $200.90K |
| 2005 | -8.23% | -3.42% | 1.60x | 1.50x | $-3.35 Million |
| 2006 | -50.70% | -15.72% | 1.71x | 1.88x | $-9.84 Million |
| 2007 | 26.79% | 10.58% | 1.36x | 1.86x | $5.84 Million |
| 2008 | -392.39% | -82.79% | 1.94x | 2.45x | $-31.05 Million |
| 2009 | -68.13% | -25.43% | 1.33x | 2.01x | $-6.26 Million |
| 2010 | -108.16% | -17.41% | 2.35x | 2.65x | $-5.83 Million |
| 2011 | -305.05% | -35.96% | 2.68x | 3.16x | $-8.15 Million |
| 2012 | 0.00% | -53.17% | 2.80x | 0.00x | $-6.82 Million |
| 2013 | 0.00% | -38.90% | 1.89x | 0.00x | $-3.98 Million |
| 2014 | 0.00% | -10.22% | 2.79x | 0.00x | $-1.62 Million |
Industry Comparison
This section compares Merriman Holdings Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Merriman Holdings Inc (MERR) | $-3.51 Million | 0.00% | N/A | $0.92 |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |