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Meridian Energy (NZSE:MEL) Debt-to-Revenue : 0.34 (As of Dec. 2023)


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What is Meridian Energy Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Meridian Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$385 Mil. Meridian Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$1,037 Mil. Meridian Energy's annualized Revenue for the quarter that ended in Dec. 2023 was NZ$4,200 Mil. Meridian Energy's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.34.


Meridian Energy Debt-to-Revenue Historical Data

The historical data trend for Meridian Energy's Debt-to-Revenue 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 Energy Debt-to-Revenue Chart

Meridian Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.53 0.42 0.33 0.39

Meridian Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.30 0.37 0.38 0.34

Competitive Comparison of Meridian Energy's Debt-to-Revenue

For the Utilities - Renewable subindustry, Meridian Energy's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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 Energy's Debt-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's Debt-to-Revenue distribution charts can be found below:

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



Meridian Energy Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Meridian Energy's Debt-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(217 + 1046) / 3203
=0.39

Meridian Energy's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(385 + 1037) / 4200
=0.34

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2023) Revenue data.


Meridian Energy Debt-to-Revenue Related Terms

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Meridian Energy (NZSE:MEL) Business Description

Traded in Other Exchanges
Address
287-293 Durham Street North, Christchurch Central, Christchurch, STL, NZL, 8013
Meridian is New Zealand's largest electricity generator, operating hydro stations and wind farms in New Zealand. Nearly 90% of its electricity is generated from low-cost hydro power plants, with wind making up the rest. The company's main competitors are vertically integrated firms, such as Mercury NZ, Genesis Energy, Contact Energy, and Trustpower.

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