Meridian Holdings Asset Turnover Growth & History (MRDN)
Meridian Holdings's asset turnover was 1.10 for fiscal 2025.
View full Meridian Holdings company overviewMeridian Holdings annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.10 | 0.07 | +7.07% |
| 2024 | 2024-12-31 | 1.03 | −0.58 | −36.10% |
| 2023 · Dec 31 | 2023-12-31 | 1.61 | — | — |
| 2023 · Oct 31 | 2023-10-31 | 1.28 | −0.05 | −3.74% |
| 2022 | 2022-10-31 | 1.33 | 0.67 | +101.42% |
| 2021 · Oct 31 | 2021-10-31 | 0.66 | — | — |
| 2021 · Jan 31 | 2021-01-31 | 0.60 | 0.40 | +198.27% |
| 2020 | 2020-01-31 | 0.20 | — | — |
| 2019 | 2019-07-31 | 0.24 | 0.24 | — |
| 2018 | 2018-07-31 | 0.00 | −2.40 | — |
| 2017 | 2017-07-31 | 2.40 | 2.15 | +862.82% |
| 2016 | 2016-07-31 | 0.25 | 0.25 | — |
| 2015 | 2015-07-31 | 0.00 | 0.00 | — |
| 2014 | 2014-07-31 | 0.00 | — | — |
Meridian Holdings quarterly asset turnover
| Fiscal quarter | Period ended | Asset turnover | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.21 | 0.35 | +40.90% |
| Q1 2026 | 2026-03-31 | 1.17 | −0.18 | −13.26% |
| Q4 2025 | 2025-12-31 | 1.10 | 0.07 | +7.07% |
| Q3 2025 | 2025-09-30 | 0.85 | −0.09 | −9.98% |
| Q2 2025 | 2025-06-30 | 0.86 | — | — |
| Q1 2025 | 2025-03-31 | 1.35 | — | — |
| Q4 2024 | 2024-12-31 | 1.03 | — | — |
| Q3 2024 | 2024-09-30 | 0.94 | — | — |
| Q2 2023 | 2023-04-30 | 1.15 | 0.12 | +11.32% |
| Q1 2023 | 2023-01-31 | 1.12 | 0.29 | +34.21% |
| Q4 2022 | 2022-10-31 | 1.33 | 0.45 | +52.04% |
| Q2 2022 · Jul 31 | 2022-07-31 | 1.22 | 0.48 | +64.90% |
| Q1 2022 · Apr 30 | 2022-04-30 | 1.03 | 0.47 | +83.95% |
| Q1 2022 · Jan 31 | 2022-01-31 | 0.84 | 0.50 | +146.19% |
| Q4 2021 · Oct 31 | 2021-10-31 | 0.87 | 0.49 | +128.32% |
| Q2 2022 · Jul 31 | 2021-07-31 | 0.74 | 0.38 | +107.45% |
| Q1 2022 · Apr 30 | 2021-04-30 | 0.56 | 0.21 | +60.83% |
| Q4 2021 · Jan 31 | 2021-01-31 | 0.34 | −0.07 | −16.17% |
| Q3 2021 | 2020-10-31 | 0.38 | 0.03 | +8.51% |
| Q2 2021 | 2020-07-31 | 0.36 | 0.12 | +50.71% |
| Q1 2021 | 2020-04-30 | 0.35 | 0.52 | — |
| Q4 2020 | 2020-01-31 | 0.40 | 0.47 | — |
| Q1 2020 | 2019-10-31 | 0.35 | 0.40 | — |
| Q4 2019 | 2019-07-31 | 0.24 | 0.24 | — |
| Q3 2019 | 2019-04-30 | −0.17 | −2.31 | — |
| Q2 2019 | 2019-01-31 | −0.06 | −2.33 | — |
| Q1 2019 | 2018-10-31 | −0.04 | −1.88 | — |
| Q4 2018 | 2018-07-31 | 0.00 | −2.40 | — |
| Q3 2018 | 2018-04-30 | 2.14 | — | — |
| Q2 2018 | 2018-01-31 | 2.27 | — | — |
| Q1 2018 | 2017-10-31 | 1.83 | — | — |
| Q4 2017 | 2017-07-31 | 2.40 | — | — |
Meridian Holdings asset turnover trends
Between the periods ended 2014-07-31 and 2025-12-31, Meridian Holdings's asset turnover increased from 0.00 to 1.10, a change of 1.10. The latest reported quarter, Q2 2026, shows 1.21.
What asset turnover means
Asset turnover measures how much revenue a company generates for each unit of assets employed in the business. A higher ratio generally indicates more efficient asset use, although useful comparisons depend heavily on the industry.
How asset turnover is calculated
TickerStat calculates annual asset turnover as reported revenue divided by average total assets. Quarterly values use trailing-12-month revenue and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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