How much debt does Meridian Holdings have?

Meridian Holdings had total debt of $23.39M as of Dec 31, 2025, against $18.43M in cash and short-term investments. Its debt-to-equity ratio was 0.50. Total debt was $34.12M a year earlier.

What are Meridian Holdings's total assets?

Meridian Holdings reported total assets of $118.08M as of Dec 31, 2025, down 44.8% from $213.72M a year earlier. Total liabilities were $69.74M.

What is Meridian Holdings's shareholders' equity?

Meridian Holdings's shareholders' equity was $46.55M as of Dec 31, 2025, or about $3.69 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry.

Meridian Holdings (MRDN) Balance Sheet: Assets & Liabilities

Meridian Holdings Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Balance sheet showing assets, liabilities, and shareholders' equity for Meridian Holdings Inc. (MRDN) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Oct 2023	Dec 2022	Oct 2022	Dec 2021	Apr 2021	Jan 2021	Jul 2019	Jul 2018	Jul 2017
Current Assets
Cash and Cash Equivalents	18.08	30.13	20.41	17.10	13.11	14.95	9.53	16.80	11.71	1.73	0.45	0.03
Short-Term Investments	0.35	0.33	0.01	0.01	0.01	0.00	0.03	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	18.43	30.46	20.42	17.10	13.12	14.95	9.57	16.80	11.71	1.73	0.45	0.03
Accounts Receivable	10.83	6.06	3.55	3.55	2.64	3.05	-	3.07	1.70	1.27	0.37	0.06
Inventory	5.52	3.94	0.13	1.71	0.12	1.15	0.07	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.65	3.54	0.10	0.10	0.08	0.14	-	0.18	0.41	0.00	0.00	0.00
Total Current Assets	35.44	45.07	26.93	22.85	18.94	19.29	14.94	20.04	13.81	3.01	0.82	0.09
Non-Current Assets
Property, Plant & Equipment (Net)	35.26	35.07	0.10	0.10	0.22	0.22	-	0.28	0.00	0.00	0.00	0.00
Long-Term Investments	3.65	0.22	0.24	0.00	-	0.00	-	0.00	0.00	0.00	0.00	0.00
Goodwill	8.45	71.25	10.38	10.38	10.45	10.45	-	0.00	0.00	0.00	0.00	0.00
Intangible Assets	26.46	56.39	15.11	2.25	9.66	2.61	7.53	0.14	0.00	0.00	0.00	0.00
Other Non-Current Assets	8.81	5.72	5.60	0.02	-	0.00	-	0.00	0.00	0.00	0.00	0.00
Total Non-Current Assets	82.64	168.65	-	12.73	-	13.28	-	0.42	0.00	0.00	0.00	0.00
Total Assets	118.08	213.72	79.85	35.58	63.59	32.57	54.42	20.46	13.81	3.01	0.82	0.09
Current Liabilities
Accounts Payable	20.57	12.93	2.86	2.85	1.40	1.39	-	1.07	0.08	0.04	0.01	0.02
Short-Term Debt	13.24	19.75	-	0.05	-	0.10	-	0.10	0.00	1.22	0.55	0.93
Current Portion of Long-Term Debt	10.58	17.29	-	-	-	-	-	-	-	-	-	-
Accrued Liabilities	5.01	3.77	0.48	0.00	0.32	-	-	-	-	-	-	-
Deferred Revenue	1.95	1.10	0.46	0.46	0.29	0.29	-	0.07	0.15	0.55	0.53	0.53
Other Current Liabilities	18.79	26.08	0.63	0.61	0.61	0.62	-	0.11	0.32	-0.03	1.05	0.12
Total Current Liabilities	59.57	63.55	4.48	4.48	2.72	2.72	-	1.35	0.55	1.83	2.16	1.62
Non-Current Liabilities
Long-Term Debt	10.16	14.36	-	1.80	-	0.06	-	0.18	0.00	0.15	0.00	0.00
Deferred Tax Liabilities	0.00	6.61	-	0.21	-	0.00	-	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.02	21.66	0.50	0.27	-	0.00	-	0.00	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	10.17	41.22	2.29	2.29	0.06	0.06	-	0.18	0.00	0.15	0.56	0.95
Total Liabilities	69.74	104.77	19.87	4.48	16.53	2.77	16.71	1.53	0.55	1.97	2.16	1.62
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00	0.03	0.03	0.00
Retained Earnings	-33.07	57.05	-25.85	-25.85	-24.67	-24.67	-	-24.42	-25.07	-26.44	-28.21	-26.89
Accumulated Other Comprehensive Income	-3.75	-8.09	-0.07	-0.07	-0.21	-0.21	-	0.00	0.00	0.00	0.00	0.00
Treasury Stock	0.24	0.12	-	-	-	-	-	-	-	-	-	-
Additional Paid-in Capital	133.23	56.11	-	57.02	-	51.68	-	43.35	38.34	27.44	26.84	25.35
Minority Interest	1.79	3.88	-	0.95	-	3.00	-	0.00	0.00	0.00	0.00	0.00
Shares Outstanding	12.62	10.77	-	3.01	-	-	-	-	-	-	-	-
Total Stockholders' Equity	46.55	108.95	59.99	31.10	47.06	26.80	37.71	18.93	13.26	1.03	-1.34	-1.54
Total Liabilities & Equity	118.08	213.72	-	35.58	-	32.57	-	20.46	13.81	3.01	0.82	0.09

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Meridian Holdings Balance Sheet Analysis

Frequently Asked Questions About Meridian Holdings Balance Sheet