Sound Point Meridian Capital (SPMC) Balance Sheet

As of Mar 31, 2026 (end of fiscal 2026), Sound Point Meridian Capital reported total assets of $374.53M and total liabilities of $175.83M. Shareholders' equity was $198.70M, down 47.9% from $381.57M a year earlier. Total debt stood at $60.00M against $5.81M in cash and short-term investments, a net debt position of $54.19M. That puts debt-to-equity at 0.30, compared with 0.00 a year earlier.

Sound Point Meridian Capital Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Sound Point Meridian Capital, Inc. (SPMC) - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2023
Period ending	Mar 2026	Mar 2025	Dec 2023
Current Assets
Cash and Cash Equivalents	5.81	9.94	4.99
Cash & Short-Term Investments	5.81	9.94	4.99
Accounts Receivable	0.07	0.05	0.10
Inventory	0.00	0.00	0.00
Other Current Assets	-0.07	0.34	-
Total Current Assets	5.81	10.33	5.09
Non-Current Assets
Property, Plant & Equipment (Net)	0.00	0.00	0.00
Long-Term Investments	368.15	503.72	298.12
Other Non-Current Assets	0.57	298.12	0.00
Total Non-Current Assets	368.72	298.12	0.30
Total Assets	374.53	514.05	303.21
Current Liabilities
Accounts Payable	3.98	0.00	8.27
Accrued Liabilities	0.67	6.75	0.77
Other Current Liabilities	3.98	55.73	8.27
Total Current Liabilities	3.98	132.48	9.05
Non-Current Liabilities
Long-Term Debt	60.00	0.00	0.00
Other Non-Current Liabilities	111.85	9.05	0.00
Total Non-Current Liabilities	171.85	9.05	0.00
Total Liabilities	175.83	132.48	9.05
Stockholders' Equity
Common Stock	0.02	0.02	294.17
Retained Earnings	-168.43	-10.59	0.00
Additional Paid-in Capital	367.11	686.31	0.00
Shares Outstanding	20.63	-	20.02
Total Stockholders' Equity	198.70	381.57	294.17
Total Liabilities & Equity	374.53	303.21	303.21

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

Frequently Asked Questions About Sound Point Meridian Capital Balance Sheet

How much debt does Sound Point Meridian Capital have?

Sound Point Meridian Capital had total debt of $60.00M as of Mar 31, 2026, against $5.81M in cash and short-term investments. Its debt-to-equity ratio was 0.30. Total debt was $0.00 a year earlier.

What are Sound Point Meridian Capital's total assets?

Sound Point Meridian Capital reported total assets of $374.53M as of Mar 31, 2026, down 27.1% from $514.05M a year earlier. Total liabilities were $175.83M.

What is Sound Point Meridian Capital's shareholders' equity?

Sound Point Meridian Capital's shareholders' equity was $198.70M as of Mar 31, 2026, or about $9.63 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. Full definition