Meridian Holdings MRDN
NASDAQ MRDN
$10.94 +0.11 (+0.99%)
As of: Oct 21, 2026 · 12:30 PM EDT

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

Updated

Meridian Holdings' (MRDN) Debt Ratio stood at 0.09 in Q2 2026, down 17.1% from 0.11 a year earlier and down 23.0% from the prior quarter.

Analysis

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

For FY2025, Meridian Holdings' Debt Ratio came in at 0.15, down 0.2% from FY2024.

  • Across earlier years, Debt Ratio came in at 0.15 in FY2024.
  • The Q2 2026 figure is the lowest quarterly Debt Ratio since Q2 2019.
  • On a year-over-year basis, Debt Ratio has declined for five consecutive quarters, with an average decline of 18.2% over the last five quarters.
  • Per Business Quant, the preceding three quarters came in at 0.12 (Q1 2026), 0.15 (Q4 2025) and 0.09 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Las Vegas Sands 24.48 Bn 10.58 Bn 1.48 Bn 0.77
2 Flutter Entertainment 13.86 Bn 7.23 Bn 1.71 Bn 0.42
3 DraftKings 10.37 Bn 6.03 Bn 551.45 Mn 0.13
4 Madison Square Garden Sports 10.03 Bn 9.62 Bn 119.21 Mn 0.17
5 Life Time Group Holdings 9.12 Bn 8.35 Bn 412.26 Mn 0.18
6 Wynn Resorts 7.79 Bn 2.08 Bn 758.95 Mn 0.81
7 MGM Resorts International 7.33 Bn -1.71 Bn 1.98 Bn 0.15
8 Light & Wonder 7.12 Bn 6.43 Bn 618.00 Mn 0.81
9 Caesars Entertainment 5.91 Bn 2.35 Bn 1.50 Bn 0.37
10 Meridian Holdings 138.52 Mn 64.85 Mn 26.85 Mn 0.09
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
Jan 31, 2021 0.00
Oct 31, 2020 0.00
Jul 31, 2020 0.01
Apr 30, 2020 0.01
Jan 31, 2020 0.28
Oct 31, 2019 0.31
Jul 31, 2019 0.39
Apr 30, 2019 0.53
Jan 31, 2019 0.02
Oct 31, 2018 0.02
Jul 31, 2018 0.62
API Access

Meridian Holdings Debt Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=debt-ratio&ticker=MRDN&period=max&api_key=YOUR_API_KEY