There's no rate to imply here.

Our model doesn't fit this business — here's why:

  • Caution:
    The model doesn't fit this business
    A broker: client cash and securities sit on its balance sheet, so operating cash flow swings with how much customers happen to be holding rather than with what the business earned.

TickerMath is an educational tool, not investment advice — it computes one model from SEC filings and can be wrong. How we compute this →