Firstmerit (FMER)
Create an AlertFirstmerit Current Ratio:
2.543 for March 31, 2013Firstmerit Historical Current Ratio Data
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| Data for this Date Range | |
|---|---|
| March 31, 2013 | 2.543 |
| Dec. 31, 2012 | 3.332 |
| Sept. 30, 2012 | 2.676 |
| June 30, 2012 | 2.915 |
| March 31, 2012 | 3.26 |
| Dec. 31, 2011 | 2.716 |
| Sept. 30, 2011 | 2.753 |
| June 30, 2011 | 2.626 |
| March 31, 2011 | 4.509 |
| Dec. 31, 2010 | 4.252 |
| Sept. 30, 2010 | |
| June 30, 2010 | |
| March 31, 2010 | |
| Dec. 31, 2009 | 3.170 |
| Sept. 30, 2009 | |
| June 30, 2009 | |
| March 31, 2009 | |
| Dec. 31, 2008 | |
| Sept. 30, 2008 | |
| June 30, 2008 | |
| March 31, 2008 | Go Pro |
| Dec. 31, 2007 | Go Pro |
| Sept. 30, 2007 | Go Pro |
| June 30, 2007 | Go Pro |
| March 31, 2007 | Go Pro |
| Dec. 31, 2006 | Go Pro |
| Sept. 30, 2006 | Go Pro |
| June 30, 2006 | Go Pro |
| March 31, 2006 | Go Pro |
| Dec. 31, 2005 | Go Pro |
| Sept. 30, 2005 | Go Pro |
| June 30, 2005 | Go Pro |
| March 31, 2005 | Go Pro |
| Dec. 31, 2004 | Go Pro |
| Sept. 30, 2004 | Go Pro |
| June 30, 2004 | Go Pro |
| March 31, 2004 | Go Pro |
| Dec. 31, 2003 | Go Pro |
| Sept. 30, 2003 | Go Pro |
| June 30, 2003 | Go Pro |
| March 31, 2003 | Go Pro |
| Dec. 31, 2002 | Go Pro |
| Sept. 30, 2002 | Go Pro |
| June 30, 2002 | Go Pro |
| March 31, 2002 | Go Pro |
| Dec. 31, 2001 | Go Pro |
| Sept. 30, 2001 | Go Pro |
| June 30, 2001 | Go Pro |
| March 31, 2001 | Go Pro |
| Dec. 31, 2000 | Go Pro |
About Current Ratio
The current ratio measures a company's ability to pay short-term debts and other current liabilities (financial obligations lasting less than one year) by comparing current assets to current liabilities. The ratio illustrates a company's ability to remain solvent.
A current ratio of one means that book value of current assets is exactly the same as book value of current liabilities. In general, investors look for a company with a current ratio of 2:1, meaning current assets twice as large as current liabilities. A current ratio less than one indicates the company might have problems meeting short-term financial obligations. If the ratio is too high, the company may not be efficiently using its current assets or short term financing facilities.
Other similar solvency ratios include :
Cash Ratio - Measures the amount of cash that can be used to pay liabilities (most strict)
Quick Ratio - Measures the amount of cash, short term equivalents, and accounts receivables that can be used to pay liabilities (more lenient than cash ratio, but stricter than current ratio)
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FMER Current Ratio Benchmarks
| Companies | |
|---|---|
| Associated Banc-Corp | 0.4032 |
| Old National Bancorp | 0.2302 |
| PrivateBancorp | 1.377 |
FMER Current Ratio Rankings
| Overall |
82nd percentile 3003 of 16770 |
| Sector |
72nd percentile 556 of 2011 in Financial Services |
| Industry |
72nd percentile 258 of 954 in Banks - Regional - US |
FMER Current Ratio Range, Past 5 Years
| Minimum | 2.543 | Mar 2013 |
| Maximum | 4.509 | Mar 2011 |
| Average | 3.159 |