Cash Ratio Analysis of Meridian Bank - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointCash Ratio of MRBK
Dec-23-0.0237Very Poor Cash Ratio | Dec-221.40Indecisive Cash Ratio | Growth-101.70% |
Cash Ratio Analysis of Meridian Bank
| Cash Ratio of Meridian Bank with value of -0.0237 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities. |
| Cash Ratio of MRBK drastically fell by -101.70 % this year. |
| Cash Ratio with value of 1.46 was highest in Year Dec-20 in last Five Years. |
| Cash Ratio with value of -0.0237 was lowest in Year Dec-23 in last Five Years. |
| Latest Cash Ratio with value of -0.0237 is lower than Average Cash Ratio of 0.805 in last five years. |
Other Cash Ratio Related Info of MRBK that may interest you.
Meridian Bank Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MRBK | 10.34 | 9.97 | 3.71 % | Banks-Regional |
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents. more ..
Cash Ratio Related Ratios
| CurrentRatio | QuickRatio | DebtToEquityRatio |
Tsr Stability Index
| Very Low Stability Stock | |
FY - Historical Cash Ratio of Meridian Bank
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Cash Ratio | -0.0237 | 1.40 | 0.568 | 1.46 | 0.625 | 0.659 | 0.649 |
| Change | -101.70 % | 145.78 % | -61.11 % | 133.72 % | -5.25 % | 1.58 % | 32.89 % |
FY Chart of Cash Ratio of Meridian Bank
Note : All Data Generated at the End of Trading Hours (EOD Data)