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Meridian HoldingsMRDN +1.49%74 Cash Ratio is 0.29 as of Jun. 2026, which is 69% below its 10-year median of 0.95. GuruFocus rates MRDN with a GF Score™ of 74/100 and a GF Value™ of $25.12 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 833 Travel & Leisure companies, Meridian Holdings ranks worse than 68.19% on this metric.
Meridian Holdings has a Cash Ratio of 0.29. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Meridian Holdings's Cash Ratio or its related term are showing as below:
MRDN'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.95 Max: 21.17
Current: 0.29
During the past 13 years, Meridian Holdings's highest Cash Ratio was 21.17. The lowest was 0.01. And the median was 0.95.
MRDN's Cash Ratio is ranked worse than 68.19% of 833
companies
in the Travel & Leisure industry
Industry Median: 0.55
vs MRDN: 0.29
Meridian Holdings (NAS:MRDN) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Meridian Holdings Cash Ratio Related Terms
Meridian Holdings Cash Ratio Historical Data
* Premium members only.
The historical data trend for Meridian Holdings's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gambling subindustry, Meridian Holdings's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Meridian Holdings Cash Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Meridian Holdings's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Meridian Holdings's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Meridian Holdings (MRDN) has a Cash Ratio of 0.29 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Meridian Holdings and its competitors. This is 69% below median its historical median of 0.95. Over the past decade, Meridian Holdings' Cash Ratio has ranged from 0.01 to 21.17. According to the industry distribution chart, Meridian Holdings ranks #568 out of 833 companies in the Travel & Leisure industry, placing it in the top 68.2%.
Is Meridian Holdings' Cash Ratio too high?
Meridian Holdings' current Cash Ratio of 0.29 is 69% below median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 21.17. The Travel & Leisure industry median Cash Ratio is 0.55. Meridian Holdings' value of 0.29 is 47.3% below this industry median. Based on the distribution chart, Meridian Holdings ranks #568 out of 833 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Meridian Holdings has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meridian Holdings' Cash Ratio compare to INSE and ROLR?
According to the Travel & Leisure industry distribution chart, Meridian Holdings ranks #568 out of 833 companies for Cash Ratio. This places Meridian Holdings in the lower half of its industry. The industry median Cash Ratio is 0.55. Meridian Holdings' value of 0.29 is 47.3% below this benchmark. Historically, Meridian Holdings' own Cash Ratio has ranged from 0.01 to 21.17 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.55, Meridian Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Travel & Leisure company?
The median Cash Ratio among Travel & Leisure companies is 0.55, based on 833 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meridian Holdings's current Cash Ratio of 0.29 is 47.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Meridian Holdings and its competitors. For the Travel & Leisure industry, the median Cash Ratio is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Holdings's current Cash Ratio is 0.29, which is 69% below median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Holdings stock overvalued right now?
Based on GuruFocus' analysis, Meridian Holdings (MRDN) is currently considered Possible Value Trap. The stock's GF Value™ is $25.12, compared to a current price of $14.30 — trading 43.1% below its estimated fair value. The current Cash Ratio is 0.29, which is 69% below median its 10-year median of 0.95 and 47.3% below the Travel & Leisure industry median of 0.55. Meridian Holdings' overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Meridian Holdings (MRDN), the current Cash Ratio is 0.29 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Meridian Holdings (MRDN) Overvalued in 2026?
Based on GuruFocus' analysis, Meridian Holdings stock appears to be undervalued.
The current stock price of $14.30 is trading 43.1% below its estimated GF Value™ of $25.12.
GuruFocus considers Meridian Holdings to be Possible Value Trap.
Key valuation signals for MRDN:
Cash Ratio: 0.29 (69% below median its 10-year median of 0.95)
GF Value™: $25.12 vs. price of $14.30 (43.1% below fair value)
Industry Position: 47.3% below the Travel & Leisure median (#568 of 833)
No single metric tells the full story. See the MRDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region. The RKings & CFAC segment is involved in pay-to-enter prize competitions and trade promotions conducted in the United Kingdom and Australia. It generates the majority of its revenue from the MeridianBet Group segment.
74GF Score
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