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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |