Meridian Energy Limited

NZSE MEL.NZ

Meridian Energy Limited Debt to Equity Ratio for the year ending June 30, 2024: 0.17

Meridian Energy Limited Debt to Equity Ratio is 0.17 for the year ending June 30, 2024, a -20.84% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Meridian Energy Limited Debt to Equity Ratio for the year ending June 30, 2023 was 0.21, a -3.23% change year over year.
  • Meridian Energy Limited Debt to Equity Ratio for the year ending June 30, 2022 was 0.22, a -35.77% change year over year.
  • Meridian Energy Limited Debt to Equity Ratio for the year ending June 30, 2021 was 0.34, a -3.73% change year over year.
  • Meridian Energy Limited Debt to Equity Ratio for the year ending June 30, 2020 was 0.35, a 28.09% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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NZSE: MEL.NZ

Meridian Energy Limited

CEO Mr. Neal Barclay BCA, CA (NZICA)
IPO Date Oct. 28, 2013
Location New Zealand
Headquarters 55 Lady Elizabeth Lane
Employees 936
Sector Utilities
Industries
Description

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. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand. Meridian Energy Limited Operates as subsidiary of New Zealand Government

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StockViz Staff

January 15, 2025

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