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Meridian HoldingsMRDN +1.49%74 Debt-to-Equity is 0.33 as of Jun. 2026, which is 3200% above its 10-year median of 0.01. 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 722 Travel & Leisure companies, Meridian Holdings ranks better than 57.2% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Meridian Holdings's Debt-to-Equity or its related term are showing as below:
MRDN'
s Debt-to-Equity Range Over the Past 10 Years
Min: -2.8 Med: 0.01 Max: 2.32
Current: 0.33
During the past 13 years, the highest Debt-to-Equity Ratio of Meridian Holdings was 2.32. The lowest was -2.80. And the median was 0.01.
MRDN's Debt-to-Equity is ranked better than 57.2% of 722
companies
in the Travel & Leisure industry
Industry Median: 0.43
vs MRDN: 0.33
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Meridian Holdings Debt-to-Equity Related Terms
Meridian Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Meridian Holdings's Debt-to-Equity 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.
MRDN vs INSE, ROLR, GRSD: Debt-to-Equity Comparison
For the Gambling subindustry, Meridian Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Meridian Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Meridian Holdings's Debt-to-Equity 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 Debt-to-Equity of 0.33 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Meridian Holdings and its competitors. This is 3200% above median its historical median of 0.01. According to the industry distribution chart, Meridian Holdings ranks #309 out of 722 companies in the Travel & Leisure industry, placing it in the top 42.8%.
Is Meridian Holdings' Debt-to-Equity too high?
Meridian Holdings' current Debt-to-Equity of 0.33 is 3200% above median its 10-year median of 0.01. The Travel & Leisure industry median Debt-to-Equity is 0.43. Meridian Holdings' value of 0.33 is 23.3% below this industry median. Based on the distribution chart, Meridian Holdings ranks #309 out of 722 companies in the Travel & Leisure industry, which is above 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' Debt-to-Equity compare to INSE and ROLR?
According to the Travel & Leisure industry distribution chart, Meridian Holdings ranks #309 out of 722 companies for Debt-to-Equity. This puts Meridian Holdings in the upper half of its industry. The industry median Debt-to-Equity is 0.43. Meridian Holdings' value of 0.33 is 23.3% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.43, 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 Debt-to-Equity for a Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 722 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meridian Holdings's current Debt-to-Equity of 0.33 is 23.3% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Meridian Holdings and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Holdings's current Debt-to-Equity is 0.33, which is 3200% above median its own 10-year median of 0.01. 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 Debt-to-Equity is 0.33, which is 3200% above median its 10-year median of 0.01 and 23.3% below the Travel & Leisure industry median of 0.43. 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 Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Meridian Holdings (MRDN), the current Debt-to-Equity is 0.33 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:
Debt-to-Equity: 0.33 (3200% above median its 10-year median of 0.01)
GF Value™: $25.12 vs. price of $14.30 (43.1% below fair value)
Industry Position: 23.3% below the Travel & Leisure median (#309 of 722)
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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