Meridian AD (XBLB:MRDN-R-A) Debt-to-Equity : 0.23 (As of Dec. 2013)

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What is Meridian AD Debt-to-Equity?

Meridian AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was BAM1.44 Mil. Meridian AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was BAM0.84 Mil. Meridian AD's Total Stockholders Equity for the quarter that ended in Dec. 2013 was BAM9.83 Mil. Meridian AD's debt to equity for the quarter that ended in Dec. 2013 was 0.23.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Meridian AD's Debt-to-Equity or its related term are showing as below:

XBLB:MRDN-R-A's Debt-to-Equity is not ranked ^*
in the Transportation industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

Meridian AD Debt-to-Equity Historical Data

The historical data trend for Meridian AD's Debt-to-Equity 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 AD Debt-to-Equity Chart

Meridian AD Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Debt-to-Equity

0.28

0.17

0.23

0.19

Meridian AD Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Dec14
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.17	0.19	0.23	0.19

Competitive Comparison of Meridian AD's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Meridian AD's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 AD's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Meridian AD's Debt-to-Equity distribution charts can be found below:

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

Meridian AD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Meridian AD's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.287	+	0.543)	/	9.848
	=	0.19

Meridian AD's Debt to Equity Ratio for the quarter that ended in Dec. 2013 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.437	+	0.839)	/	9.83
	=	0.23

Meridian AD (XBLB:MRDN-R-A) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Meridian AD Debt-to-Equity Related Terms

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

Meridian AD (XBLB:MRDN-R-A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Meridian AD (XBLB:MRDN-R-A) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veselina Maslese 21/II, Banja Luka, BIH, 78000

Website

http://www.meridianbl.com

Meridian AD operates in integrated shipping and logistics industry in Bosnia and Herzegovina. The services offered by the company include organization of transport, collective transport, customs brokerage, storage of goods, and consulting.

Meridian AD (XBLB:MRDN-R-A) Headlines

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