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Cash ratio at other companies

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Warrior Met CoalHCC
0.9×-1.8×
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Dave, Inc.DAVE
1.1×-0.3×
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Cabot CorporationCBT
0.2×0.0×
HES
Hess MidstreamHESM
0.0×
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Helen Of TroyHELE
0.0×
CorMedix logo
CorMedixCRMD
1.4×-0.5×

Other financials

Income statement

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Revenue$50.1M+17.3%
Gross profit$28.1M+16.3%
Operating income$3.2M+3,078%
Net income$2.2M+940%
EPS (diluted)$0.18+1,000%

Balance sheet

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Cash & equivalents$16.2M-45.3%
Total debt$18.9M-47.0%
Total equity$48.7M-55.1%
Total assets$111.9M-47.7%

Cash flow

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Operating cash flow$5.2M-33.4%
CapEx$1.8M-44.7%
Free cash flow$6.4M-51.9%

Valuation

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Market cap$176.12M+61.1%
Enterprise value$178.78M
P/S0.9×

Profitability

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Gross margin56.5%+0.2pp
Operating margin-48.8%-49.4pp
Net margin-47.1%-51.0pp
FCF margin10.5%

Returns & leverage

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Return on equity-113.9%-123pp
Debt / equity0.4×+0.1×
Current ratio0.6×-0.2×

Where this comes from

Calculated from Meridian Holdings, Inc. ’s reported figures.

Based on the most recent quarter.

The official record: Meridian Holdings, Inc. ’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Meridian Holdings, Inc. 's cash ratio?
Meridian Holdings, Inc. (MRDN) reported cash ratio of 0.3× in Q1 2026.
How has Meridian Holdings, Inc. 's cash ratio changed year-over-year?
Meridian Holdings, Inc. 's cash ratio decreased by 36.3% year-over-year, from 0.5× to 0.3×.
What is the long-term trend for Meridian Holdings, Inc. 's cash ratio?
Over 4 years (2021 to 2025), Meridian Holdings, Inc. 's cash ratio has grown at a -60.5% compound annual growth rate (CAGR), from 12.5× to 0.3×.
What does cash ratio mean?
Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.