Meridian Holdings MRDN
NASDAQ MRDN
$13.71 +0.50 (+3.79%)
At close: Sep 10, 2026 · 4:00 PM EDT

Meridian Holdings (MRDN) Debt Ratio (2012 - 2026)

Meridian Holdings' (MRDN) quarterly Debt Ratio came in at 0.09 in Q2 2026, down 17.09% on a YoY basis from 0.11 in Q2 2025, and down 22.97% quarter-over-quarter from 0.12 in Q1 2026.

Analysis

Meridian Holdings (MRDN) Debt Ratio (2012 - 2026) Analysis & Trends

Meridian Holdings (MRDN) has reported Debt Ratio for 15 consecutive years, with 0.09 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio fell 17.09% year-over-year to 0.09; the trailing twelve-month figure through Jun 2026 stood at 0.09 (down 17.09% YoY), and the FY2025 full-year result was 0.15, changed 0.24% from the prior year.
  • Debt Ratio declined to 0.09 in Q2 2026 per MRDN's latest filing, from 0.12 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.16 in Q3 2024 and bottomed at 0.0 in Q4 2022.
  • Historically, Debt Ratio has averaged 0.07 across 5 years, with a median of 0.09 in 2025.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio tumbled 79.62% in 2022, then jumped 166.01% in 2023.
  • Over 5 years, Debt Ratio stood at 0.0 in 2022, then surged by 166.01% to 0.01 in 2023, then soared by 1387.85% to 0.15 in 2024, then slipped by 0.24% to 0.15 in 2025, then plunged by 38.98% to 0.09 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.09, 0.12, and 0.15 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Flutter Entertainment 17.30 Bn 15.74 Bn 1.71 Bn 0.43
2 DraftKings 11.78 Bn 10.79 Bn 551.45 Mn 0.13
3 Super Group (SGHC) 6.89 Bn 6.34 Bn - 0.02
4 Rush Street Interactive 2.91 Bn 2.57 Bn 139.66 Mn -
5 Codere Online Luxembourg 423.10 Mn 353.68 Mn - 0.02
6 Meridian Holdings 173.58 Mn 156.26 Mn 26.85 Mn 0.09
7 High Roller Technologies 53.26 Mn 50.60 Mn - -
8 VIP Play 24.98 Mn 24.89 Mn -313,000.00 9.67
9 Apple iSports 16.64 Mn 16.64 Mn - 1.10
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.09
Mar 31, 2026 0.12
Dec 31, 2025 0.15
Sep 30, 2025 0.09
Jun 30, 2025 0.11
Mar 31, 2025 0.13
Dec 31, 2024 0.15
Sep 30, 2024 0.16
Jun 30, 2024 0.13
Oct 31, 2023 0.01
Apr 30, 2023 0.01
Jan 31, 2023 0.01
Oct 31, 2022 0.00
Jul 31, 2022 0.01
Apr 30, 2022 0.01
Jan 31, 2022 0.01
Oct 31, 2021 0.01
Jul 31, 2021 0.01
Apr 30, 2021 0.02
Jan 31, 2021 0.03