Meridian Corp (MRBK)
8.84
+0.06
(+0.68%)
USD |
NASDAQ |
May 03, 16:00
8.84
0.00 (0.00%)
After-Hours: 18:14
Meridian Debt to Equity Ratio: 1.223 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 1.223 |
| December 31, 2023 | 0.3154 |
| September 30, 2023 | 1.470 |
| June 30, 2023 | 1.526 |
| March 31, 2023 | 1.792 |
| December 31, 2022 | 0.2632 |
| September 30, 2022 | 0.2686 |
| June 30, 2022 | 0.2599 |
| March 31, 2022 | 0.2571 |
| December 31, 2021 | 0.245 |
| September 30, 2021 | 0.2573 |
| June 30, 2021 | 0.2664 |
| March 31, 2021 | 0.2836 |
| December 31, 2020 | 0.2872 |
| September 30, 2020 | 1.100 |
| Date | Value |
|---|---|
| June 30, 2020 | 1.019 |
| March 31, 2020 | 1.445 |
| December 31, 2019 | 1.364 |
| September 30, 2019 | 1.169 |
| June 30, 2019 | 0.743 |
| March 31, 2019 | 0.826 |
| December 31, 2018 | 1.139 |
| September 30, 2018 | 0.5093 |
| June 30, 2018 | 1.403 |
| March 31, 2018 | 0.8682 |
| December 31, 2017 | 1.136 |
| September 30, 2017 | 1.352 |
| June 30, 2017 | 1.865 |
| March 31, 2017 | |
| December 31, 2016 | 1.700 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.245
Minimum
Dec 2021
1.792
Maximum
Mar 2023
0.7777
Average
0.5292
Median
Debt to Equity Ratio Benchmarks
| Bar Harbor Bankshares Inc | 0.7572 |
| Evans Bancorp Inc | 0.9292 |
| Park National Corp | 0.254 |
| Tompkins Financial Corp | 0.7824 |
| Blue Ridge Bankshares Inc | 1.768 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.293B |
| Total Liabilities (Quarterly) | 2.133B |
| Shareholders Equity (Quarterly) | 159.94M |
| Current Ratio | 22.02 |
| Net Debt Paydown Yield | -28.00% |