Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Meridian HoldingsMRDN +1.49%74 Quick Ratio is 0.51 as of Jun. 2026, which is 64% below its 10-year median of 1.41. 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 855 Travel & Leisure companies, Meridian Holdings ranks worse than 81.17% on this metric.
Meridian Holdings (NAS:MRDN) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Meridian Holdings Quick Ratio Related Terms
Meridian Holdings Quick Ratio Historical Data
* Premium members only.
The historical data trend for Meridian Holdings's Quick 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 Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Meridian Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Meridian Holdings's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Meridian Holdings's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
Meridian Holdings (MRDN) has a Quick Ratio of 0.51 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Meridian Holdings and its competitors. This is 64% below median its historical median of 1.41. Over the past decade, Meridian Holdings' Quick Ratio has ranged from 0.01 to 24.98. According to the industry distribution chart, Meridian Holdings ranks #694 out of 855 companies in the Travel & Leisure industry, placing it in the top 81.2%.
Is Meridian Holdings' Quick Ratio too high?
Meridian Holdings' current Quick Ratio of 0.51 is 64% below median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 24.98. The Travel & Leisure industry median Quick Ratio is 1.15. Meridian Holdings' value of 0.51 is 55.7% below this industry median. Based on the distribution chart, Meridian Holdings ranks #694 out of 855 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. 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' Quick Ratio compare to INSE and ROLR?
According to the Travel & Leisure industry distribution chart, Meridian Holdings ranks #694 out of 855 companies for Quick Ratio. This places Meridian Holdings in the lower half of its industry. The industry median Quick Ratio is 1.15. Meridian Holdings' value of 0.51 is 55.7% below this benchmark. Historically, Meridian Holdings' own Quick Ratio has ranged from 0.01 to 24.98 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 1.15, 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 Quick Ratio for a Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.15, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meridian Holdings's current Quick Ratio of 0.51 is 55.7% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Meridian Holdings and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Holdings's current Quick Ratio is 0.51, which is 64% below median its own 10-year median of 1.41. 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 Quick Ratio is 0.51, which is 64% below median its 10-year median of 1.41 and 55.7% below the Travel & Leisure industry median of 1.15. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Meridian Holdings (MRDN), the current Quick Ratio is 0.51 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:
Quick Ratio: 0.51 (64% below median its 10-year median of 1.41)
GF Value™: $25.12 vs. price of $14.30 (43.1% below fair value)
Industry Position: 55.7% below the Travel & Leisure median (#694 of 855)
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
Get the complete analysis for MRDN
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MRDN has been successfully added to your 
