Meridian Holdings Inc. (MRDN) quarterly balance sheet — complete assets, liabilities & equity history
Meridian Holdings Inc. (MRDN) balance sheet — 18-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 35.21M | 30.48M | 35.44M | 39.15M | 38.97M | 45.93M | 45.07M | 56.67M | 48.56M | 0 | 24.19M | 22.85M | 22.09M | 21.77M | 21.21M | 19.29M | 19.91M | 19.93M | 18.5M | 18.56M |
| Cash & Short-Term Investments | 17.32M | 16.58M | 18.43M | 22.4M | 22.48M | 29.66M | 30.46M | 38.4M | 32.83M | 20.42M | 17.29M | 17.1M | 16.14M | 15.75M | 15.42M | 14.95M | 15.87M | 15.81M | 15.24M | 16.8M |
| Cash Only | 17.32M | 16.23M | 18.08M | 22.04M | 22.14M | 29.66M | 30.13M | 38.4M | 32.83M | 20.42M | 17.29M | 17.1M | 16.14M | 15.75M | 15.42M | 14.95M | 15.87M | 15.81M | 15.24M | 16.8M |
| Short-Term Investments | 0 | 346.44K | 354.42K | 354.07K | 344.94K | 0 | 330.3K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 8.58M | 8.37M | 10.83M | 10.1M | 10.53M | 8.06M | 9.72M | 9.46M | 8.41M | 0 | 4.33M | 3.88M | 4.25M | 3.92M | 3.85M | 3.05M | 2.59M | 2.87M | 2.24M | 1.76M |
| Days Sales Outstanding | 15.37 | 17.25 | 19.42 | 20.06 | 19.56 | 18.72 | 19.24 | 20.06 | 19.43 | - | 31.89 | 31.75 | 33.23 | 33.52 | 29.45 | 27.12 | 27.61 | 26.84 | 20.76 | 31.96 |
| Inventory | 4.64M | 4.86M | 5.52M | 5.68M | 4.76M | 4.88M | 3.94M | 4.41M | 3.34M | 0 | 2.38M | 1.71M | 1.52M | 1.86M | 1.61M | 1.15M | 1.19M | 918.7K | 851.71K | -1.48M |
| Days Inventory Outstanding | 18.53 | 21.29 | 24.45 | 22.95 | 23.25 | 21.42 | 20.15 | 19.19 | 17.14 | - | 22.22 | 17.41 | 16.97 | 18.75 | 15.24 | 14.43 | 14.66 | 13.26 | 45.36 | - |
| Other Current Assets | 3.5M | 0 | 0 | 0 | 0 | 2.29M | 0 | 3.01M | 2.46M | -20.42M | 53.84K | 51.97K | 501.44M | 237.9K | 332.32K | 136.95K | 260.16K | 327.67K | 167.21K | 1.48M |
| Total Non-Current Assets | 79.92M | 81.38M | 82.64M | 170.63M | 171.31M | 168.03M | 168.65M | 156.82M | 142.98M | 0 | 12.9M | 12.73M | 12.9M | 13.03M | 13.17M | 13.28M | 13.48M | 13.57M | 13.63M | 415.45K |
| Property, Plant & Equipment | 33.52M | 33.45M | 35.26M | 35.32M | 35.84M | 34.73M | 35.07M | 33.22M | 31.81M | 0 | 375.84K | 103.09K | 144.45K | 177.18K | 218.64K | 223.06K | 270.7K | 266.71K | 267.43K | 280.18K |
| Fixed Asset Turnover | 1.50x | 1.46x | 1.40x | 1.33x | 1.23x | 1.22x | 1.34x | 1.26x | 1.24x | - | 49.46x | 95.18x | 70.31x | 52.09x | 48.80x | 38.78x | 33.87x | 31.76x | 32.42x | 22.68x |
| Goodwill | 0 | 8.84M | 8.45M | 71.31M | 71.26M | 71.04M | 71.25M | 64.13M | 58.19M | 0 | 10.38M | 10.38M | 10.38M | 10.38M | 10.38M | 10.45M | 10.72M | 10.72M | 10.72M | 0 |
| Intangible Assets | 34.55M | 26.23M | 26.46M | 57.55M | 57.76M | 56.47M | 56.39M | 53.22M | 46.99M | 0 | 2.15M | 2.25M | 2.38M | 2.47M | 2.57M | 2.61M | 2.49M | 2.58M | 2.64M | 135.26K |
| Long-Term Investments | 3.54M | 5.68M | 3.65M | 244.86K | 244.47K | 225.52K | 218.15K | 240.15K | 230.4K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 8.31M | 6.33M | 8.81M | 6.21M | 6.2M | 5.57M | 5.72M | 6.01M | 5.77M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 115.13M | 111.87M | 118.08M | 209.78M | 210.27M | 213.95M | 213.72M | 213.49M | 191.54M | 0 | 37.1M | 35.58M | 34.99M | 34.8M | 34.38M | 32.57M | 33.39M | 33.5M | 32.13M | 20.46M |
| Asset Turnover | 0.44x | 0.44x | 0.30x | 0.23x | 0.20x | 0.20x | 0.21x | 0.20x | 0.21x | - | 0.33x | 0.33x | 0.32x | 0.30x | 0.32x | 0.29x | 0.27x | 0.26x | 0.34x | 0.35x |
| Asset Growth % | -45.25% | -47.71% | -44.75% | -1.74% | 9.78% | - | - | - | - | - | 7.89% | 9.25% | 4.81% | 3.88% | 7% | 59.2% | 93.65% | 120.95% | 132.62% | 200.34% |
| Total Current Liabilities | 60.12M | 53.26M | 59.57M | 64.41M | 63.57M | 62M | 63.55M | 69.39M | 51.31M | 0 | 4.69M | 4.48M | 4.09M | 3.94M | 3.83M | 2.72M | 3.6M | 4.5M | 4.41M | 1.35M |
| Accounts Payable | 37.5K | 18.37M | 20.57M | 18.25M | 16.49M | 17.18M | 12.91M | 12.25M | 9.36M | 0 | 2.87M | 2.85M | 2.42M | 2.04M | 2.1M | 1.39M | 1.62M | 2.02M | 1.21M | 105.06K |
| Days Payables Outstanding | 35.89 | 79.81 | 84.71 | 76.35 | 81.21 | 73.1 | 60.72 | 53.49 | 48.06 | - | 31.03 | 28.32 | 22.36 | 22.33 | 19.23 | 18.56 | 25.3 | 24.16 | 8.81 | 12.48 |
| Short-Term Debt | 9.98M | 8.03M | 10.58M | 10.89M | 11.18M | 15.13M | 17.38M | 17.49M | 29.3M | 0 | 0 | 0 | 88.2K | 103.25K | 107.05K | 95.08K | 101.01K | 100.27K | 658.36K | 200.42K |
| Deferred Revenue (Current) | 1.04M | 1.36M | 1.95M | 1.33M | 1.48M | 1.45M | 1.33M | 1.25M | 166.18K | 0 | 421.8K | 108.11K | 703.28K | 569K | 447.99K | 291.77K | 313.56K | 313.26K | 473.07K | 68.64K |
| Other Current Liabilities | 41.97M | 236.44K | 231.18K | 675.62K | 687.66K | 647.82K | 628.68K | 3.3M | -21.56M | 0 | 656.4K | 956.35K | -1.54M | -817.56K | -922.66K | -441.86K | -55.36K | 46.4K | 866.01K | 869.64K |
| Current Ratio | 0.59x | 0.57x | 0.59x | 0.61x | 0.61x | 0.74x | 0.71x | 0.82x | 0.95x | - | 5.16x | 5.10x | 5.40x | 5.53x | 5.54x | 7.10x | 5.52x | 4.43x | 4.19x | 13.76x |
| Quick Ratio | 0.51x | 0.48x | 0.50x | 0.52x | 0.54x | 0.66x | 0.65x | 0.75x | 0.88x | - | 4.65x | 4.72x | 5.03x | 5.06x | 5.12x | 6.68x | 5.19x | 4.23x | 4.00x | 14.86x |
| Cash Conversion Cycle | -2 | -41.28 | -40.83 | -33.34 | -38.4 | -32.96 | -21.33 | -14.24 | -11.49 | - | 23.08 | 20.83 | 27.84 | 29.94 | 25.46 | 22.99 | 16.97 | 15.94 | 57.31 | - |
| Total Non-Current Liabilities | 3.76M | 8.18M | 10.17M | 18.27M | 21.73M | 39.57M | 41.22M | 45.51M | 49.83M | -59.99M | 257.08K | 0 | 19.95M | 8.93K | 37.73K | 59.78K | 92.49K | 121.31K | 144.25K | 182.02K |
| Long-Term Debt | 237.12K | 4.85M | 6.59M | 8.75M | 11.33M | 13.46M | 14.36M | 17.77M | 22.42M | 0 | 0 | 0 | 0 | 8.93K | 37.73K | 59.78K | 92.49K | 121.31K | 144.25K | 182.02K |
| Capital Lease Obligations | 3.34M | 3.31M | 3.57M | 3.75M | 4.27M | 4.77M | 5.23M | 2.72M | 2.28M | 0 | 257.08K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 5.76M | 6.11M | 6.33M | 6.61M | 0 | 0 | 0 | 0 | 0 | 19.95M | 0 | 4.71K | 4.41K | 4.66K | 4.81K | 5.14K | 0 |
| Other Non-Current Liabilities | 182.96K | 15.7K | 16.09K | 15.95K | 15.77K | 15.01M | 15.01M | 25.02M | 25.13M | -59.99M | 0 | 0 | 0 | 0 | -4.71K | -4.41K | -4.66K | -4.81K | -5.14K | 0 |
| Total Liabilities | 63.88M | 61.44M | 69.74M | 82.68M | 85.29M | 101.58M | 104.77M | 114.9M | 101.15M | -59.99M | 4.95M | 4.48M | 4.09M | 3.95M | 3.87M | 2.77M | 3.7M | 4.62M | 4.56M | 1.53M |
| Total Debt | 16.36M | 18.89M | 23.39M | 25.97M | 29.2M | 35.71M | 39.35M | 39.42M | 55.69M | 0 | 338.16K | 59.09K | 88.2K | 112.18K | 144.78K | 154.86K | 193.49K | 221.58K | 802.61K | 100.21K |
| Net Debt | -957.19K | 2.66M | 5.32M | 3.93M | 7.07M | 6.05M | 9.22M | 1.01M | 22.86M | -20.42M | -16.95M | -17.04M | -16.05M | -15.64M | -15.28M | -14.79M | -15.68M | -15.59M | -14.44M | -16.7M |
| Debt / Equity | 0.32x | 0.37x | 0.48x | 0.20x | 0.23x | 0.32x | 0.36x | 0.40x | 0.62x | - | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.01x | 0.01x | 0.01x | 0.03x | 0.01x |
| Debt / EBITDA | 3.17x | 3.36x | 7.97x | 7.21x | 19.41x | 10.25x | 12.30x | 18.50x | 19.44x | - | 0.84x | 0.05x | - | - | - | - | 0.27x | 0.26x | 1.60x | 0.27x |
| Net Debt / EBITDA | -0.19x | 0.47x | 1.81x | 1.09x | 4.70x | 1.74x | 2.88x | 0.47x | 7.98x | -5.75x | -42.32x | -13.04x | - | - | - | - | -21.47x | -18.16x | -28.84x | -44.36x |
| Interest Coverage | 9.61x | 9.10x | -83.26x | 2.21x | -1.19x | 0.60x | 0.21x | -0.81x | 17.64x | - | 562.14x | 380.98x | -117.01x | -663.15x | -329.61x | -229.20x | 919.69x | 1399.51x | 916.00x | - |
| Total Equity | 51.24M | 50.43M | 48.34M | 127.1M | 124.98M | 112.38M | 108.95M | 98.59M | 90.39M | 59.99M | 32.15M | 31.1M | 30.9M | 30.86M | 30.52M | 29.8M | 29.69M | 28.88M | 27.58M | 18.93M |
| Equity Growth % | -59% | -55.12% | -55.63% | 28.92% | 38.27% | 87.34% | - | - | - | - | 5.34% | 4.39% | 4.08% | 6.83% | 10.66% | 57.42% | 90.38% | 107.48% | 107.95% | 223.33% |
| Book Value per Share | 4.02 | 3.94 | 3.82 | 10.68 | 10.87 | 10.24 | 10.12 | 9.74 | 8.44 | 8.62 | 9.95 | 10.32 | 10.26 | 10.25 | 10.99 | 12.69 | 9.75 | 9.65 | 9.25 | 8.11 |
| Total Shareholders' Equity | 49.75M | 48.73M | 46.55M | 123.54M | 121.28M | 108.53M | 105.07M | 94.25M | 89.53M | 59.99M | 32.15M | 31.1M | 30.9M | 30.86M | 30.52M | 26.8M | 26.75M | 26M | 24.81M | 18.93M |
| Common Stock | 126 | 126 | 126 | 1.41K | 1.39K | 1.33K | 1.29K | 1.23K | 1.21K | 0 | 366 | 362 | 361 | 361 | 361 | 282 | 282 | 281 | 280 | 272 |
| Retained Earnings | -28.71M | -30.8M | -33.07M | 53.73M | 53.16M | 56.82M | 57.05M | 59.18M | 62.58M | 0 | -25.77M | -25.85M | -26.62M | -25.65M | -25.12M | -24.67M | -22.86M | -23.49M | -24.08M | -24.42M |
| Treasury Stock | -244.21K | -244.21K | -244.21K | -121.43K | -121.43K | -121.43K | -121.43K | -1.67K | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
| Accumulated OCI | -5.13M | -4.08M | -3.75M | -3.19M | -2.52M | -6.72M | -8.09M | -3.6M | -5.41M | 59.03M | 124.73K | -73.16K | 122.07K | 42.85K | -53.49K | -205.75K | -108.78K | -54.9K | 55.33K | -1.72K |
| Minority Interest | 1.5M | 1.7M | 1.79M | 3.55M | 3.7M | 3.85M | 3.88M | 4.33M | 860.71K | 0 | 0 | 0 | 0 | 0 | 0 | 3M | 2.94M | 2.88M | 2.77M | 0 |