Meridian Energy Limited

NZSE:MEL.NZ

Sector

🔌 Utilities

Industries

⚡️ Electricity

🌊 Hydro Energy

🌞 Renewables

☀️ Solar Energy

💨 Wind Energy

Location

New Zealand

Market Cap

USD 8.75 B

Share Price

USD 3.34

Avg Daily Volume

1,249,011

Change (1 day)

0.50%

Change (1 year)

-16.66%

Change (YTD)

1.13%

Meridian Energy Limited Interest Coverage Ratio for the year ending June 30, 2024: 9.74

Meridian Energy Limited Interest Coverage Ratio is 9.74 for the year ending June 30, 2024, a 192.06% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Meridian Energy Limited Interest Coverage Ratio for the year ending June 30, 2023 was 3.33, a -65.57% change year over year.
Meridian Energy Limited Interest Coverage Ratio for the year ending June 30, 2022 was 9.68, a 9.41% change year over year.
Meridian Energy Limited Interest Coverage Ratio for the year ending June 30, 2021 was 8.85, a 132.84% change year over year.
Meridian Energy Limited Interest Coverage Ratio for the year ending June 30, 2020 was 3.80, a -43.75% change year over year.