Mercury NZ Balance Sheet Health
Financial Health criteria checks 2/6
Mercury NZ has a total shareholder equity of NZ$4.9B and total debt of NZ$2.2B, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are NZ$10.0B and NZ$5.1B respectively. Mercury NZ's EBIT is NZ$224.0M making its interest coverage ratio 1.9. It has cash and short-term investments of NZ$95.0M.
Key information
45.28%
Debt to equity ratio
NZ$2.22b
Debt
| Interest coverage ratio | 1.9x |
| Cash | NZ$95.00m |
| Equity | NZ$4.90b |
| Total liabilities | NZ$5.06b |
| Total assets | NZ$9.96b |
Recent financial health updates
Is Mercury NZ (NZSE:MCY) Using Too Much Debt?
Oct 03
Is Mercury NZ (NZSE:MCY) A Risky Investment?
May 28These 4 Measures Indicate That Mercury NZ (NZSE:MCY) Is Using Debt Extensively
Feb 25Recent updates
Is Mercury NZ (NZSE:MCY) Using Too Much Debt?
Oct 03Mercury NZ Limited (NZSE:MCY) Investors Are Less Pessimistic Than Expected
Sep 11Mercury NZ Limited's (NZSE:MCY) Intrinsic Value Is Potentially 87% Above Its Share Price
Jul 31Is Mercury NZ (NZSE:MCY) A Risky Investment?
May 28Some Shareholders Feeling Restless Over Mercury NZ Limited's (NZSE:MCY) P/S Ratio
Apr 16These 4 Measures Indicate That Mercury NZ (NZSE:MCY) Is Using Debt Extensively
Feb 25
Kaiwera Downs 2 And Nga Tamariki Expansions Will Increase Future Renewable Capacity
Integration and renewable projects are expected to enhance operational efficiency and drive future revenue growth for Mercury NZ.Investor Optimism Abounds Mercury NZ Limited (NZSE:MCY) But Growth Is Lacking
Dec 09Financial Position Analysis
Short Term Liabilities: MCY's short term assets (NZ$915.0M) exceed its short term liabilities (NZ$852.0M).
Long Term Liabilities: MCY's short term assets (NZ$915.0M) do not cover its long term liabilities (NZ$4.2B).
Debt to Equity History and Analysis
Debt Level: MCY's net debt to equity ratio (43.3%) is considered high.
Reducing Debt: MCY's debt to equity ratio has increased from 36.2% to 45.3% over the past 5 years.
Debt Coverage: MCY's debt is well covered by operating cash flow (21.8%).
Interest Coverage: MCY's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/18 02:19 |
| End of Day Share Price | 2025/10/17 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mercury NZ Limited is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Grant Swanepoel | Deutsche Bank |
| Andrew Harvey-Green | Forsyth Barr Group Ltd. |
| Mark Wiseman | Goldman Sachs |