Meridian Energy Ltd

AU:MEZ Australia Utilities - Renewable
Market Cap
$7.24 Billion
AU$11.69 Billion AUD
Market Cap Rank
#3543 Global
#33 in Australia
Share Price
AU$4.43
Change (1 day)
-1.56%
52-Week Range
AU$4.43 - AU$5.53
All Time High
AU$7.58
About

Meridian Energy Limited engages in the generation and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. The company generates electricity through 7 hydro stations; 8 wind farms; and 100MW battery energy storage system, as well as grid-scale solar array. It sells electricity under the Meridian Energy and Powershop brands.… Read more

Meridian Energy Ltd (MEZ) - Total Assets

Latest total assets as of December 2025: AU$15.14 Billion AUD

Based on the latest financial reports, Meridian Energy Ltd (MEZ) holds total assets worth AU$15.14 Billion AUD as of December 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Meridian Energy Ltd - Total Assets Trend (2010–2025)

This chart illustrates how Meridian Energy Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Meridian Energy Ltd - Asset Composition Analysis

Current Asset Composition (June 2025)

Meridian Energy Ltd's total assets of AU$15.14 Billion consist of 4.5% current assets and 95.5% non-current assets.

Asset Category Amount (AUD) % of Total Assets
Cash & Equivalents AU$0.00 0.8%
Accounts Receivable AU$406.00 Million 2.7%
Inventory AU$0.00 0.0%
Property, Plant & Equipment AU$0.00 0.0%
Intangible Assets AU$47.00 Million 0.3%
Goodwill AU$0.00 0.0%

Asset Composition Trend (2010–2025)

This chart illustrates how Meridian Energy Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Meridian Energy Ltd's current assets represent 4.5% of total assets in 2025, an increase from 3.1% in 2010.
  • Cash Position: Cash and equivalents constituted 0.8% of total assets in 2025, up from 0.6% in 2010.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
  • Asset Diversification: The largest asset category is accounts receivable at 2.7% of total assets.

Meridian Energy Ltd Competitors by Total Assets

Key competitors of Meridian Energy Ltd based on total assets are shown below.

Meridian Energy Ltd - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.27 - 0.40

Lower asset utilization - Meridian Energy Ltd generates 0.32x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -3.02% - 4.81%

Negative ROA - Meridian Energy Ltd is currently not profitable relative to its asset base.

Meridian Energy Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.07 0.69 0.85
Quick Ratio 1.07 0.69 0.85
Cash Ratio 0.00 0.00 0.00
Working Capital AU$42.01 Million AU$ -266.00 Million AU$ -108.00 Million

Meridian Energy Ltd - Advanced Valuation Insights

This section examines the relationship between Meridian Energy Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.59
Latest Market Cap to Assets Ratio 0.24
Asset Growth Rate (YoY) 10.6%
Total Assets AU$14.97 Billion
Market Capitalization $3.55 Billion USD

Valuation Analysis

Below Book Valuation: The market values Meridian Energy Ltd's assets below their book value (0.24 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Meridian Energy Ltd's assets grew by 10.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Meridian Energy Ltd (2010–2025)

The table below shows the annual total assets of Meridian Energy Ltd from 2010 to 2025.

Year Total Assets Change
2025-06-30 AU$14.97 Billion +10.57%
2024-06-30 AU$13.54 Billion +35.13%
2023-06-30 AU$10.02 Billion +6.97%
2022-06-30 AU$9.37 Billion -4.94%
2021-06-30 AU$9.86 Billion +2.42%
2020-06-30 AU$9.62 Billion -0.35%
2019-06-30 AU$9.66 Billion +11.87%
2018-06-30 AU$8.63 Billion -0.38%
2017-06-30 AU$8.66 Billion +1.49%
2016-06-30 AU$8.54 Billion +11.45%
2015-06-30 AU$7.66 Billion +0.94%
2014-06-30 AU$7.59 Billion -1.91%
2013-06-30 AU$7.74 Billion -10.99%
2012-06-30 AU$8.69 Billion +2.75%
2011-06-30 AU$8.46 Billion -2.93%
2010-06-30 AU$8.72 Billion --