SPMC (Sound Point Meridian Capital) Debt-to-Equity: 0.30 (As of Mar. 2026) — Near Median

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SPMC Sound Point Meridian Capital Inc SPMC
11 GF Score
Price $10.16
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What is Sound Point Meridian Capital Debt-to-Equity?

Sound Point Meridian Capital SPMC -0.39% 11 Debt-to-Equity is 0.30 as of Mar. 2026, which is at its 10-year median of 0.30. GuruFocus rates SPMC with a GF Score™ of 11/100. Among 961 Asset Management companies, Sound Point Meridian Capital ranks worse than 57.96% on this metric.

Sound Point Meridian Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Sound Point Meridian Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $60.00 Mil. Sound Point Meridian Capital's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $198.70 Mil. Sound Point Meridian Capital's debt to equity for the quarter that ended in Mar. 2026 was 0.30.

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 Sound Point Meridian Capital's Debt-to-Equity or its related term are showing as below:

SPMC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 0.3   Max: 0.3
Current: 0.3

During the past 2 years, the highest Debt-to-Equity Ratio of Sound Point Meridian Capital was 0.30. The lowest was 0.30. And the median was 0.30.

SPMC's Debt-to-Equity is ranked worse than
57.96% of 961 companies
in the Asset Management industry
Industry Median: 0.21 vs SPMC: 0.30

Sound Point Meridian Capital  (NYSE:SPMC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Sound Point Meridian Capital Debt-to-Equity Related Terms


Sound Point Meridian Capital Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Sound Point Meridian Capital'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.

Sound Point Meridian Capital Debt-to-Equity Chart

Sound Point Meridian Capital Annual Data
Trend Dec23 Mar26
Debt-to-Equity
0.00 0.30

Sound Point Meridian Capital Semi-Annual Data
Dec23 Sep25 Mar26
Debt-to-Equity 0.00 0.20 0.30

SPMC vs DMB, ETX, FT: Debt-to-Equity Comparison

For the Asset Management subindustry, Sound Point Meridian Capital'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.


Sound Point Meridian Capital Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Sound Point Meridian Capital's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sound Point Meridian Capital's Debt-to-Equity falls into.


SPMC
11GF Score
Sound Point Meridian Capital Inc SPMC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Sound Point Meridian Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sound Point Meridian Capital's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Sound Point Meridian Capital's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.30 mean?
Sound Point Meridian Capital (SPMC) has a Debt-to-Equity of 0.30 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sound Point Meridian Capital and its competitors. This is near median its historical median of 0.30. Over the past decade, Sound Point Meridian Capital's Debt-to-Equity has ranged from 0.30 to 0.30. According to the industry distribution chart, Sound Point Meridian Capital ranks #557 out of 961 companies in the Asset Management industry, placing it in the top 58%.
Is Sound Point Meridian Capital's Debt-to-Equity too high?
Sound Point Meridian Capital's current Debt-to-Equity of 0.30 is near median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.30. The Asset Management industry median Debt-to-Equity is 0.21. Sound Point Meridian Capital's value of 0.30 is 42.9% above this industry median. Based on the distribution chart, Sound Point Meridian Capital ranks #557 out of 961 companies in the Asset Management industry, which is below the industry midpoint. Overall, Sound Point Meridian Capital has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Sound Point Meridian Capital's Debt-to-Equity compare to DMB and ETX?
According to the Asset Management industry distribution chart, Sound Point Meridian Capital ranks #557 out of 961 companies for Debt-to-Equity. This places Sound Point Meridian Capital in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Sound Point Meridian Capital's value of 0.30 is 42.9% above this benchmark. Historically, Sound Point Meridian Capital's own Debt-to-Equity has ranged from 0.30 to 0.30 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.21, Sound Point Meridian Capital has consistently been above 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 an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 961 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. Sound Point Meridian Capital's current Debt-to-Equity of 0.30 is 42.9% above 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 Sound Point Meridian Capital and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sound Point Meridian Capital's current Debt-to-Equity is 0.30, which is near median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sound Point Meridian Capital stock overvalued right now?
Sound Point Meridian Capital (SPMC) has a current Debt-to-Equity of 0.30. The current Debt-to-Equity is 0.30, which is near median its 10-year median of 0.30 and 42.9% above the Asset Management industry median of 0.21. Sound Point Meridian Capital's overall GF Score™ is 11/100. 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 Sound Point Meridian Capital (SPMC), the current Debt-to-Equity is 0.30 as of Mar. 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.

Sound Point Meridian Capital Business Description

Address 375 Park Avenue, 34th Floor, New York, NY, USA, 10152
Sound Point Meridian Capital Inc is a closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
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