Meridian Holdings (MRDN) Interest Coverage Ratio (2012 - 2026)
Meridian Holdings' Interest Coverage Ratio was 8.13 in Q2 2026, compared with -1.56 a year earlier and down 8.9% from the prior quarter.
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Analysis
Meridian Holdings (MRDN) Interest Coverage Ratio (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Meridian Holdings' Interest Coverage Ratio was -38.67 through Jun 30, 2026; for FY2025, it came in at -21.00.
- In earlier years, Interest Coverage Ratio was 0.78 in FY2024 (-99.8%), 380.48 in FY2023 and 33.69 in FY2021.
- Quarterly Interest Coverage Ratio has moved between -663.15 (Q2 2023) and 845.14 (Q1 2024) over five years.
- Per Business Quant data, MRDN's Interest Coverage Ratio in the three quarters before Q2 2026 was 8.93 (Q1 2026), -83.73 (Q4 2025) and -0.76 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 3.27 |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | - |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | - |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 7.23 |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | - |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 1.96 |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 4.93 |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | - |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 20.00 |
| 10 | Meridian Holdings | 154.31 Mn | 82.14 Mn | 26.85 Mn | 8.13 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.13 |
| Mar 31, 2026 | 8.93 |
| Dec 31, 2025 | -83.73 |
| Sep 30, 2025 | -0.76 |
| Jun 30, 2025 | -1.56 |
| Mar 31, 2025 | -0.07 |
| Dec 31, 2024 | -0.04 |
| Sep 30, 2024 | -1.24 |
| Jun 30, 2024 | 3.85 |
| Mar 31, 2024 | 845.14 |
| Dec 31, 2023 | 577.26 |
| Jun 30, 2023 | 201.18 |
| Apr 30, 2023 | -663.15 |
| Jan 31, 2023 | -329.61 |
| Jan 31, 2021 | 31.16 |
| Oct 31, 2020 | 38.42 |
| Jul 31, 2020 | 25.49 |
| Apr 30, 2020 | 38.14 |
| Oct 31, 2019 | 33.49 |
| Jul 31, 2019 | 37.41 |
API Access
Meridian Holdings Interest Coverage 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=interest-coverage-ratio&ticker=MRDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "MRDN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();