Meridian Holdings (MRDN) Interest Coverage Ratio (2012 - 2026)
Meridian Holdings' (MRDN) quarterly Interest Coverage Ratio came in at 8.13 in Q2 2026, up 622.51% on a YoY basis from 1.12 in Q2 2025, and down 8.93% quarter-over-quarter from 8.93 in Q1 2026.
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Meridian Holdings (MRDN) Interest Coverage Ratio (2012 - 2026) Analysis & Trends
Meridian Holdings (MRDN) has reported Interest Coverage Ratio for 14 consecutive years, with 8.13 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 622.51% year-over-year to 8.13; the trailing twelve-month figure through Jun 2026 stood at 38.67 (down 7040.56% YoY), and the FY2025 full-year result was 21.0, down 2795.53% from the prior year.
- Interest Coverage Ratio declined to 8.13 in Q2 2026 per MRDN's latest filing, from 8.93 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 845.14 in Q1 2024 and bottomed at 663.15 in Q2 2023.
- Historically, Interest Coverage Ratio has averaged 48.37 across 4 years, with a median of 0.05 in 2024.
- The sharpest annual moves came in 2025 and 2026: Interest Coverage Ratio slumped 227423.51% in 2025, then surged 12487.06% in 2026.
- Over 4 years, Interest Coverage Ratio stood at 577.26 in 2023, then plunged by 100.01% to 0.04 in 2024, then plunged by 227423.51% to 83.73 in 2025, then surged by 109.71% to 8.13 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 8.13, 8.93, and 83.73 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.30 Bn | 15.74 Bn | 1.71 Bn | - |
| 2 | DraftKings | 11.78 Bn | 10.79 Bn | 551.45 Mn | - |
| 3 | Super Group (SGHC) | 6.89 Bn | 6.34 Bn | - | 20.00 |
| 4 | Rush Street Interactive | 2.91 Bn | 2.57 Bn | 139.66 Mn | - |
| 5 | Codere Online Luxembourg | 423.10 Mn | 353.68 Mn | - | - |
| 6 | Meridian Holdings | 173.58 Mn | 156.26 Mn | 26.85 Mn | 8.13 |
| 7 | High Roller Technologies | 53.26 Mn | 50.60 Mn | - | - |
| 8 | VIP Play | 24.98 Mn | 24.89 Mn | -313,000.00 | -2.88 |
| 9 | Apple iSports | 16.64 Mn | 16.64 Mn | - | -20.18 |
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 | 314.01 |
| Apr 30, 2023 | -663.15 |
| Jan 31, 2023 | -329.61 |
| Jul 31, 2021 | 23.06 |
| Apr 30, 2021 | 179.30 |
| Jan 31, 2021 | -416.84 |
| Oct 31, 2020 | 38.42 |
| Apr 30, 2020 | 38.14 |
| Oct 31, 2019 | 29.72 |