Meridian (Meridian) Debt-to-Revenue : 1.99 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Meridian Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Meridian's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. Meridian's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $195.7 Mil. Meridian's annualized Revenue for the quarter that ended in Mar. 2024 was $98.4 Mil. Meridian's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 1.99.

Meridian Debt-to-Revenue Historical Data

The historical data trend for Meridian's Debt-to-Revenue 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.

* Premium members only.

Meridian Debt-to-Revenue Chart

Meridian Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

Get a 7-Day Free Trial

2.38

0.30

0.27

1.45

0.49

Meridian Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Revenue	Get a 7-Day Free Trial															2.82	2.24	2.25	0.50	1.99

Competitive Comparison of Meridian's Debt-to-Revenue

For the Banks - Regional subindustry, Meridian's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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's Debt-to-Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Meridian's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Meridian's Debt-to-Revenue falls into.

Meridian Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Meridian's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	49.836)	/	100.907
	=	0.49

Meridian's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	195.67)	/	98.372
	=	1.99

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.

Meridian Debt-to-Revenue Related Terms

Thank you for viewing the detailed overview of Meridian's Debt-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Meridian (Meridian) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Meridian Corp (NAS:MRBK) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Old Lincoln Highway, Malvern, PA, USA, 19335

Website

https://www.meridianbanker.com

Meridian Corp is a full-service, state-chartered commercial bank providing personal, business lending, and deposit services. It operates in three business segments including Bank, Wealth, and Mortgage. The Bank segment consists of commercial and retail banking. The mortgage division consists of a mortgage consultant's guide. Its mortgage portfolio includes commercial mortgage, home equity, residential mortgage, construction, commercial, industrial, and consumer loans. It generates maximum revenue from the Bank segment.

Executives

Denise Lindsay	director, officer: Exec Vice President and CFO	9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Anthony Mark Imbesi	director	9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Christopher J. Annas	director, officer: Chairman & CEO	9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Robert M. Casciato	director	9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Robert T. Holland	director	9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Edward J. Hollin	director	9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Christine Marie Helmig	director	575 WELLINGTON SQUARE, UNIT 205, EXTON PA 19341
Collier George C. Iii	director	9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Charles D. Kochka	officer: Chief Lending Officer	9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Kenneth H. Slack	director	9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Joseph L. Cafarchio	officer: Chief Credit Officer	9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Randall J Mcgarry	officer: Chief Information Officer	4390 DAVISVILLE ROAD, HATBORO PA 19040