Meridian Holdings Debt-to-Equity Ratio Growth & History (MRDN)
Meridian Holdings's debt-to-equity ratio was 0.50 for fiscal 2025.
View full Meridian Holdings company overviewMeridian Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.50 | 0.13 | +36.35% |
| 2024 | 2024-12-31 | 0.37 | 0.30 | +431.32% |
| 2023 · Dec 31 | 2023-12-31 | 0.07 | — | — |
| 2023 · Oct 31 | 2023-10-31 | 0.00 | −0.00 | −63.45% |
| 2022 | 2022-10-31 | 0.01 | −0.01 | −65.14% |
| 2021 · Oct 31 | 2021-10-31 | 0.01 | — | — |
| 2021 · Jan 31 | 2021-01-31 | 0.00 | −0.01 | — |
| 2020 | 2020-01-31 | 0.01 | — | — |
| 2019 | 2019-07-31 | 0.03 | — | — |
Meridian Holdings quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.33 | 0.09 | +36.62% |
| Q1 2026 | 2026-03-31 | 0.39 | 0.06 | +17.94% |
| Q4 2025 | 2025-12-31 | 0.50 | 0.13 | +36.35% |
| Q3 2025 | 2025-09-30 | 0.21 | −0.19 | −47.44% |
| Q2 2025 | 2025-06-30 | 0.24 | −0.08 | −26.02% |
| Q1 2025 | 2025-03-31 | 0.33 | — | — |
| Q4 2024 | 2024-12-31 | 0.37 | 0.30 | +431.32% |
| Q3 2024 | 2024-09-30 | 0.40 | — | — |
| Q2 2024 | 2024-06-30 | 0.33 | — | — |
| As of Jan 31, 2024 | 2024-01-31 | 0.01 | 0.01 | +121.72% |
| Q4 2023 · Dec 31 | 2023-12-31 | 0.07 | — | — |
| Q4 2023 · Oct 31 | 2023-10-31 | 0.00 | −0.00 | −63.45% |
| Q3 2023 | 2023-07-31 | 0.00 | −0.00 | −56.21% |
| Q2 2023 | 2023-04-30 | 0.00 | −0.00 | −52.61% |
| Q1 2023 | 2023-01-31 | 0.00 | −0.00 | −45.47% |
| Q4 2022 | 2022-10-31 | 0.01 | −0.01 | −65.14% |
| Q2 2022 · Jul 31 | 2022-07-31 | 0.01 | −0.01 | −65.96% |
| Q1 2022 · Apr 30 | 2022-04-30 | 0.01 | 0.01 | — |
| Q1 2022 · Jan 31 | 2022-01-31 | 0.01 | 0.01 | — |
| Q4 2021 · Oct 31 | 2021-10-31 | 0.01 | 0.01 | — |
| Q2 2022 · Jul 31 | 2021-07-31 | 0.02 | 0.02 | — |
| Q1 2022 · Apr 30 | 2021-04-30 | 0.00 | −0.01 | — |
| Q4 2021 · Jan 31 | 2021-01-31 | 0.00 | −0.01 | — |
| Q3 2021 | 2020-10-31 | 0.00 | −0.02 | — |
| Q2 2021 | 2020-07-31 | 0.00 | −0.03 | — |
| Q1 2021 | 2020-04-30 | 0.01 | −0.04 | −80.70% |
| Q4 2020 | 2020-01-31 | 0.01 | — | — |
| Q1 2020 | 2019-10-31 | 0.02 | — | — |
| Q4 2019 | 2019-07-31 | 0.03 | — | — |
| Q3 2019 | 2019-04-30 | 0.05 | — | — |
Meridian Holdings debt-to-equity ratio trends
Between the periods ended 2019-07-31 and 2025-12-31, Meridian Holdings's debt-to-equity ratio increased from 0.03 to 0.50, a change of 0.47. The latest reported quarter, Q2 2026, shows 0.33.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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