Sound Point Meridian Capital, Inc. (SPMC) - Total Liabilities

Latest as of March 2026: $175.83 Million USD

Based on the latest financial reports, Sound Point Meridian Capital, Inc. (SPMC) has total liabilities worth $175.83 Million USD as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore Sound Point Meridian Capital, Inc. long-term investment allocation to see how much of total assets are deployed in long-term investments.

Sound Point Meridian Capital, Inc. - Total Liabilities Trend (2023–2025)

This chart illustrates how Sound Point Meridian Capital, Inc.'s total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Sound Point Meridian Capital, Inc. asset portfolio.

Sound Point Meridian Capital, Inc. Competitors by Total Liabilities

The table below lists competitors of Sound Point Meridian Capital, Inc. ranked by their total liabilities.

Company Country Total Liabilities
Security National Financial
NASDAQ:SNFCA
USA $1.18 Trillion
TTFB Co Ltd
TWO:2729
Taiwan NT$4.12 Billion
Matba Rofex SA
BA:MTR
Argentina AR$166.74 Billion
Willow Lane Acquisition Corp. Class A Ordinary Shares
NASDAQ:WLAC
USA $4.52 Million
HPL Electric & Power Limited
NSE:HPL
India Rs13.96 Billion
Hercules Metals Corp.
V:BIG
Canada CA$1.18 Million
Giantplus Technology Co Ltd
TW:8105
Taiwan NT$2.70 Billion
Daesang Holdings Co Ltd
KO:084690
Korea ₩2.74 Trillion

Liability Composition Analysis (2023–2025)

This chart breaks down Sound Point Meridian Capital, Inc.'s total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See debt-free asset ratio of Sound Point Meridian Capital, Inc. to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 1.46 Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio N/A More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio N/A Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity 0.88 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.47 Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Sound Point Meridian Capital, Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Sound Point Meridian Capital, Inc. (2023–2025)

The table below shows the annual total liabilities of Sound Point Meridian Capital, Inc. from 2023 to 2025.

Year Total Liabilities Change
2025-12-31 $175.83 Million +32.72%
2024-12-31 $132.48 Million +1464376.93%
2023-12-31 $9.05K --

About Sound Point Meridian Capital, Inc.

NYSE:SPMC USA Asset Management
Market Cap
$196.95 Million
Market Cap Rank
#16698 Global
#3971 in USA
Share Price
$9.59
Change (1 day)
-1.13%
52-Week Range
$8.46 - $18.11
All Time High
$22.11
About

Sound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S. senior secured loans. The company was founded in 2022 and is based in New York, New York.