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Meritz Financial Group stock: balance sheet and debt

138040.KS
$84.40Closing price of 12 Nov 2026MEQIRI Score 76 out of 100

Meritz Financial Group has total assets of $101.53B and an equity ratio of 7.6%.

Daily figure as of 13 Nov 2026

Debt / Equity
5.14
Interest coverage
no data
Current ratio
0.18
Cash & equivalents
$2B
Total assets
$101.53B
Equity ratio
7.6%
Goodwill and intangible assets
$77.49M
not split out

For banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.

Total assets and equity ratio

How large the balance sheet of Meritz Financial Group Inc. is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratio
2010$3.56B$6.72Mnot split out15.9%
2011$7.31B$1.32Bnot split out16.1%
2012$8.55B$1.17Bnot split out15.4%
2014$20.06B$938.7Mnot split out11.2%
2015$24.01B$796.92Mnot split out11.3%
2016$28.14B$670.48Mnot split out10.6%
2017$31.52B$563.48Mnot split out11.5%
2018$39.13B$481.76Mnot split out10.4%
2019$46.3B$417.03Mnot split out9.7%
2020$52.14B$360.93Mnot split out9.9%
2021$61.49B$310.05Mnot split out8.4%
2022$69.53B$276.05Mnot split out6.4%
2023$76.63B$76.52Mnot split out9.3%
2024$86.63B$71.21Mnot split out9.5%
2025$101.53B$77.49Mnot split out7.6%

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is not shown for banks, insurers and other financial companies: for them, cash and bonds are part of the business and are not available to pay down debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Bonds and loans (excluding deposits)
Figures as a table
YearCash & equivalentsEquityBonds and loans (excluding deposits)Debt / Equity
2010$405.41M$237.25M$1.91B3.37
2011$351.47M$633.62M$157.06M0.13
2012$398.76M$719.75M$293.57M0.22
2014$970.48M$1.02B$2.56B1.14
2015$1.16B$1.17B$3.33B1.22
2016$1.16B$1.32B$5.12B1.71
2017$1.68B$1.54B$6.07B1.68
2018$2.13B$1.85B$9.33B2.28
2019$2.34B$2.06B$10.93B2.45
2020$2.68B$2.51B$10.69B2.07
2021$4.32B$2.79B$13.99B2.71
2022$4.88B$2.45B$13.2B2.96
2023$9.92B$6.74B$25.19B3.54
2024$3.75B$7.57B$30.41B3.71
2025$2B$6.99B$39.5B5.14

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₩1,334.10)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 31 Oct 2020)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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