Meridian Holdings Inc.

Meridian Holdings Inc. - Current Ratioverified

MRDN

Price:

$14.02

Market Cap:

$177.23M

Meridian Holdings Inc. specializes in providing a diverse array of offerings within the casino, sportsbook, and competitive gaming industries. The company operates under several key brands, including R Kings Competitions, MexPlay, and GM-AG. Its operational structure is divided into two distinct divisions: Business-to-Business (B2B) and Business-to-Consumer (B2C). Through its B2B segment, Meridian generates income from software licensing fees and collects royalties derived from the utilization of third-party gaming content. Meanwhile, the B2C division primarily earns revenue by charging participants for entry into various prize competitions across the United Kingdom. This enterprise was esta...[Read more]

Industry

Gambling, Resorts & Casinos

IPO Date

2009-10-30

Stock Exchange

NASDAQ

Ticker

MRDN

The Current Ratio as of September 2026 (TTM) for Meridian Holdings Inc. (MRDN) is 0.59

According to Meridian Holdings Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.59. This represents a change of -0.76% compared to the average of 0.59 of the last 4 quarters.

Meridian Holdings Inc. (MRDN) Historical Current Ratio (quarterly & annually)

How has MRDN Current Ratio performed in the past?

The mean historical Current Ratio of Meridian Holdings Inc. over the last ten years is 5.55. The current 0.59 Current Ratio has changed 956.19% with respect to the historical average. Over the past ten years (40 quarters), MRDN's Current Ratio was at its highest in in the January 2021 quarter at 25.00. The Current Ratio was at its lowest in in the March 2024 quarter at 0.

Quarterly (TTM)
Annual

Average

5.55

Median

1.18

Minimum

0.00

Maximum

25.00

Meridian Holdings Inc. (MRDN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Meridian Holdings Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.65%

Maximum Annual Current Ratio = 25.00

Minimum Annual Increase = -86.10%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.59-16.11%
20240.71-86.10%
20235.10-28.19%
20227.10-52.19%
202114.86-40.56%
202125.001.42%
20191.65333.63%
20180.38602.68%
20170.051.65%
20160.00-85.51%

Meridian Holdings Inc. (MRDN) Average Current Ratio

How has MRDN Current Ratio performed in the past?

The current Current Ratio of Meridian Holdings Inc. (MRDN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.14

5-year avg

5.67

10-year avg

5.55

Meridian Holdings Inc. (MRDN) Current Ratio vs. Peers

How is MRDN’s Current Ratio compared to its peers?

Meridian Holdings Inc.’s Current Ratio is less than PLAYSTUDIOS, Inc. (2.99), less than KULR Technology Group, Inc. (3.38), less than TROOPS, Inc. (0.92), less than Skillz Inc. (1.01), less than Wrap Technologies, Inc. (8.04), less than Airship AI Holdings, Inc. (3.18), less than Expensify, Inc. (3.50), less than Teads Holding Co. (0.98), less than Satellogic Inc. (2.34), less than Arrive AI Inc. (0.92),

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