Meridian Holdings Debt-to-EBITDA Ratio Growth & History (MRDN)

Meridian Holdings's debt-to-ebitda ratio was 4.25 for fiscal 2024.

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Meridian Holdings annual debt-to-ebitda ratio history

Meridian Holdings annual debt-to-ebitda ratio

Fiscal yearPeriod endedDebt-to-EBITDA ratioChangeGrowth
20242024-12-314.253.99+1523.98%
2023 · Dec 312023-12-310.26
20222022-10-310.27
2021 · Jan 312021-01-310.00
20172017-07-310.67

Meridian Holdings debt-to-ebitda ratio trends

Between the periods ended 2017-07-31 and 2024-12-31, Meridian Holdings's debt-to-ebitda ratio increased from 0.67 to 4.25, a change of 3.58. The latest reported quarter, Q3 2025, shows 3.28.

About the metric

What the debt-to-EBITDA ratio means

Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.

Calculation and source

How debt-to-EBITDA is calculated

TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Meridian Holdings source filings ↗

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