Meridian Holdings Inc (MRDN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Meridian Holdings Inc (MRDN) has a cash flow conversion efficiency ratio of 0.102x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($5.16 Million) by net assets ($50.43 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See MRDN equity financing ratio to measure how much of total assets are equity-financed.
Meridian Holdings Inc - Cash Flow Conversion Efficiency Trend (2009–2025)
This chart illustrates how Meridian Holdings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Meridian Holdings Inc (MRDN) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Meridian Holdings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Meridian Holdings Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nusantara Pelabuhan Handal Tbk PT
JK:PORT
|
0.114x |
|
Grupo Casas Bahia S.A.
SA:BHIA3
|
2.077x |
|
Chaintech Technology Corp
TW:2425
|
0.062x |
|
Pine Cliff Energy Ltd
TO:PNE
|
0.372x |
|
Wellcall Holdings Bhd
KLSE:7231
|
0.003x |
|
Oncolytics Biotech Inc
TO:ONC
|
-0.899x |
|
Fiamma Holdings Bhd
KLSE:6939
|
-0.012x |
|
Everest Textile Co Ltd
TW:1460
|
0.056x |
Annual Cash Flow Conversion Efficiency for Meridian Holdings Inc (2009–2025)
The table below shows the annual cash flow conversion efficiency of Meridian Holdings Inc from 2009 to 2025. For the full company profile with market capitalisation and key ratios, see MRDN market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $48.34 Million | $25.36 Million | 0.525x | +138.98% |
| 2024-12-31 | $108.95 Million | $23.92 Million | 0.220x | -71.18% |
| 2023-12-31 | $31.10 Million | $23.69 Million | 0.762x | +718.86% |
| 2022-12-31 | $29.80 Million | $2.77 Million | 0.093x | -91.68% |
| 2021-12-31 | $18.93 Million | $21.16 Million | 1.118x | +689.43% |
| 2020-12-31 | $13.26 Million | $1.88 Million | 0.142x | -89.92% |
| 2019-12-31 | $1.03 Million | $1.45 Million | 1.405x | +722.59% |
| 2018-12-31 | $-1.34 Million | $302.72K | -0.226x | -2391.56% |
| 2017-12-31 | $-1.54 Million | $-15.13K | 0.010x | +3125.61% |
| 2016-12-31 | $-3.98 Million | $1.30K | 0.000x | -100.05% |
| 2015-12-31 | $-2.82 Million | $-2.01 Million | 0.712x | +8.17% |
| 2014-12-31 | $-929.63K | $-612.07K | 0.658x | -35.12% |
| 2013-12-31 | $-253.07K | $-256.81K | 1.015x | -14.93% |
| 2012-12-31 | $-188.52K | $-224.87K | 1.193x | -60.86% |
| 2011-12-31 | $-82.16K | $-250.39K | 3.047x | -74.80% |
| 2010-12-31 | $-21.94K | $-265.33K | 12.094x | +151.58% |
| 2009-12-31 | $4.57K | $-107.09K | -23.448x | -- |
About Meridian Holdings Inc
Meridian Holdings Inc., a business-to-business and business-to-consumer gaming technology company, provides casino, sportsbook, and competition products in Central and South America, Europe, and Africa. It develops and licenses gaming platforms; and provides online sports betting and gaming operations under various brands, including Meridianbet, Expanse Studios, MexPlay, R Kings Competitions, Cla… Read more