Mercury NZ Balance Sheet Health
Financial Health criteria checks 3/6
Mercury NZ has a total shareholder equity of NZ$4.8B and total debt of NZ$2.0B, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are NZ$9.5B and NZ$4.7B respectively. Mercury NZ's EBIT is NZ$408.0M making its interest coverage ratio 3.5. It has cash and short-term investments of NZ$89.0M.
Key information
42.0%
Debt to equity ratio
NZ$2.01b
Debt
Interest coverage ratio | 3.5x |
Cash | NZ$89.00m |
Equity | NZ$4.80b |
Total liabilities | NZ$4.72b |
Total assets | NZ$9.52b |
Recent financial health updates
Is Mercury NZ (NZSE:MCY) A Risky Investment?
Oct 04Here's Why Mercury NZ (NZSE:MCY) Can Manage Its Debt Responsibly
May 22Does Mercury NZ (NZSE:MCY) Have A Healthy Balance Sheet?
Dec 19Mercury NZ (NZSE:MCY) Seems To Use Debt Quite Sensibly
Sep 02Here's Why Mercury NZ (NZSE:MCY) Has A Meaningful Debt Burden
Mar 28Mercury NZ (NZSE:MCY) Has A Somewhat Strained Balance Sheet
Oct 07Recent updates
Mercury NZ Limited Just Beat Revenue By 19%: Here's What Analysts Think Will Happen Next
Feb 22Mercury NZ Limited's (NZSE:MCY) Share Price Could Signal Some Risk
Dec 29Is Mercury NZ (NZSE:MCY) A Risky Investment?
Oct 04Here's Why Mercury NZ Limited's (NZSE:MCY) CEO Compensation Is The Least Of Shareholders' Concerns
Sep 12Mercury NZ (NZSE:MCY) Is Increasing Its Dividend To NZ$0.1541
Sep 06Mercury NZ's (NZSE:MCY) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 23Estimating The Intrinsic Value Of Mercury NZ Limited (NZSE:MCY)
Jun 29Here's Why Mercury NZ (NZSE:MCY) Can Manage Its Debt Responsibly
May 22Is There An Opportunity With Mercury NZ Limited's (NZSE:MCY) 29% Undervaluation?
Mar 25Mercury NZ (NZSE:MCY) Is Increasing Its Dividend To NZ$0.1024
Feb 26Does Mercury NZ (NZSE:MCY) Deserve A Spot On Your Watchlist?
Feb 05Does Mercury NZ (NZSE:MCY) Have A Healthy Balance Sheet?
Dec 19Is There An Opportunity With Mercury NZ Limited's (NZSE:MCY) 20% Undervaluation?
Dec 05We Ran A Stock Scan For Earnings Growth And Mercury NZ (NZSE:MCY) Passed With Ease
Oct 24Mercury NZ (NZSE:MCY) Seems To Use Debt Quite Sensibly
Sep 02Mercury NZ (NZSE:MCY) Is Paying Out A Larger Dividend Than Last Year
Aug 18Analysts Are Betting On Mercury NZ Limited (NZSE:MCY) With A Big Upgrade This Week
Aug 16Mercury NZ Limited (NZSE:MCY) Shares Could Be 24% Below Their Intrinsic Value Estimate
May 18Here's Why Mercury NZ (NZSE:MCY) Has A Meaningful Debt Burden
Mar 28The Consensus EPS Estimates For Mercury NZ Limited (NZSE:MCY) Just Fell Dramatically
Feb 26Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.094
Feb 24Mercury NZ (NZSE:MCY) Has A Somewhat Strained Balance Sheet
Oct 07Mercury NZ (NZSE:MCY) Has Announced That It Will Be Increasing Its Dividend To NZ$0.12
Sep 02Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.12
Aug 19Returns At Mercury NZ (NZSE:MCY) Appear To Be Weighed Down
Jul 28Estimating The Intrinsic Value Of Mercury NZ Limited (NZSE:MCY)
Jun 25Would Mercury NZ Limited (NZSE:MCY) Be Valuable To Income Investors?
May 03Mercury NZ (NZSE:MCY) Seems To Use Debt Quite Sensibly
Mar 13News Flash: Analysts Just Made A Substantial Upgrade To Their Mercury NZ Limited (NZSE:MCY) Forecasts
Feb 28Financial Position Analysis
Short Term Liabilities: MCY's short term assets (NZ$1.0B) do not cover its short term liabilities (NZ$1.1B).
Long Term Liabilities: MCY's short term assets (NZ$1.0B) do not cover its long term liabilities (NZ$3.6B).
Debt to Equity History and Analysis
Debt Level: MCY's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: MCY's debt to equity ratio has reduced from 43.1% to 42% over the past 5 years.
Debt Coverage: MCY's debt is well covered by operating cash flow (25.6%).
Interest Coverage: MCY's interest payments on its debt are well covered by EBIT (3.5x coverage).