Mercury NZ (ASX:MCY) Marketable Securities : A$0 Mil (As of Jun. 2023)

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What is Mercury NZ Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Mercury NZ's Marketable Securities for the quarter that ended in Jun. 2023 was A$0 Mil.

Mercury NZ Marketable Securities Historical Data

The historical data trend for Mercury NZ's Marketable Securities 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.

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Mercury NZ Marketable Securities Chart

Mercury NZ Annual Data

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Marketable Securities

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Mercury NZ Semi-Annual Data
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Mercury NZ Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Mercury NZ (ASX:MCY) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Mercury NZ Marketable Securities Related Terms

Thank you for viewing the detailed overview of Mercury NZ's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Mercury NZ (ASX:MCY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mercury NZ Ltd (ASX:MCY) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

MGHTF:USA MCY:New Zealand MRY:Germany

Address

33 Broadway, The Mercury Building, P O Box 90399, Newmarket, Auckland, NTL, NZL, 1142

Website

https://www.mercury.co.nz

Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.