MEL.NZ
Price:
$5.66
Market Cap:
$14.80B
Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. It generates electricity through wind farms, hydro power stations, and solar farms. The company also provides management, insurance, financing, professional, trustee, and software development services; and licenses Flux developed electricity and gas retailing platform, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. The company was formerly known as Hydro Energy Limited and changed its name to Meridian Energy Limited in March 1999. Merid...[Read more]
Industry
Renewable Utilities
IPO Date
2013-10-28
Stock Exchange
NZE
Ticker
MEL.NZ
According to Meridian Energy Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.69. This represents a change of -25.24% compared to the average of 0.93 of the last 4 quarters.
The mean historical Current Ratio of Meridian Energy Limited over the last ten years is 0.91. The current 0.69 Current Ratio has changed 7.57% with respect to the historical average. Over the past ten years (40 quarters), MEL.NZ's Current Ratio was at its highest in in the December 2013 quarter at 1.59. The Current Ratio was at its lowest in in the December 2009 quarter at 0.
Average
0.91
Median
0.85
Minimum
0.53
Maximum
1.48
Discovering the peaks and valleys of Meridian Energy Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 79.57%
Maximum Annual Current Ratio = 1.48
Minimum Annual Increase = -37.71%
Minimum Annual Current Ratio = 0.53
Year | Current Ratio | Change |
---|---|---|
2024 | 1.05 | 0.90% |
2023 | 1.04 | -30.06% |
2022 | 1.48 | 79.57% |
2021 | 0.83 | -19.50% |
2020 | 1.03 | 17.39% |
2019 | 0.87 | 64.13% |
2018 | 0.53 | -28.45% |
2017 | 0.74 | -5.94% |
2016 | 0.79 | 13.26% |
2015 | 0.70 | -37.71% |
The current Current Ratio of Meridian Energy Limited (MEL.NZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.19
5-year avg
1.08
10-year avg
0.91
Meridian Energy Limited’s Current Ratio is less than Contact Energy Limited (0.74), less than Mercury NZ Limited (0.82), less than Genesis Energy Limited (1.08), less than Spark New Zealand Limited (1.14), less than Fisher & Paykel Healthcare Corporation Limited (1.87),
Company | Current Ratio | Market cap |
---|---|---|
0.74 | $7.20B | |
0.82 | $8.50B | |
1.08 | $2.52B | |
1.14 | $4.35B | |
1.87 | $21.40B |
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