MFGI
Price:
$29
Market Cap:
$237.18M
Merchants Financial Group, Inc. operates as the bank holding company for Merchants Bank, National Association that provides various banking products and services to individuals and families, and companies in the United States. It offers checking, savings, certificates of deposit, and individual retirement accounts; and debit, gift, travel, and credit cards. The company also provides personal loans for cars and autos, boats, trailers, motorcycles, tractors, or RVs; furniture or appliances; debt consolidation services; mortgage, construction, home equity, term, commercial and residential real estate, equipment finance, floor plan, fleet/truck, small business, farming/start-up, and other loans,...[Read more]
Industry
Banks - Regional
IPO Date
2003-10-07
Stock Exchange
OTC
Ticker
MFGI
According to Merchants Financial Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.06. This represents a change of -52.82% compared to the average of 0.12 of the last 4 quarters.
The mean historical Current Ratio of Merchants Financial Group, Inc. over the last ten years is 0.58. The current 0.06 Current Ratio has changed 866.56% with respect to the historical average. Over the past ten years (40 quarters), MFGI's Current Ratio was at its highest in in the September 2021 quarter at 48.15. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
0.58
Median
0.18
Minimum
0.07
Maximum
2.60
Discovering the peaks and valleys of Merchants Financial Group, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 646.60%
Maximum Annual Current Ratio = 2.60
Minimum Annual Increase = -99.81%
Minimum Annual Current Ratio = 0.07
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.07 | -97.18% |
| 2023 | 2.60 | 646.60% |
| 2022 | 0.35 | -74.38% |
| 2021 | 1.36 | 82.22% |
| 2020 | 0.75 | 245.91% |
| 2019 | 0.22 | 50.38% |
| 2018 | 0.14 | 44.30% |
| 2017 | 0.10 | 13.36% |
| 2016 | 0.09 | -9.38% |
| 2015 | 0.10 | -99.81% |
The current Current Ratio of Merchants Financial Group, Inc. (MFGI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.01
5-year avg
1.03
10-year avg
0.58
Merchants Financial Group, Inc.’s Current Ratio is less than TISCO Financial Group Public Company Limited (0.58), greater than Malaga Financial Corporation (0), greater than First Northern Community Bancorp (0), greater than Truxton Corporation (0), greater than First Citizens Bancshares, Inc. (0), less than Morris State Bancshares, Inc. (0.09), greater than Exchange Bank (Santa Rosa, CA) (0), greater than First Farmers and Merchants Corporation (0.03), less than NASB Financial, Inc. (0.40), less than BankFirst Capital Corporation (0.21),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.58 | $244.20M | |
| 0 | $210.63M | |
| 0 | $211.66M | |
| 0 | $238.77M | |
| 0 | $292.11M | |
| 0.09 | $264.24M | |
| 0 | $213.86M | |
| 0.03 | $194.40M | |
| 0.40 | $258.09M | |
| 0.21 | $251.76M |
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What is the Current Ratio?
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What is the 3-year average Current Ratio for Merchants Financial Group, Inc. (MFGI)?
What is the 5-year average Current Ratio for Merchants Financial Group, Inc. (MFGI)?
How does the current Current Ratio for Merchants Financial Group, Inc. (MFGI) compare to its historical average?