Meridian Energy (ASX:MEZ) Accumulated Depreciation: A$-104 Mil (As of Jun. 2026)

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ASX:MEZ Meridian Energy Ltd ASX:MEZ
74 GF Score
Price A$4.49
GF Value A$3.92
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Meridian Energy Accumulated Depreciation?

Meridian Energy ASX:MEZ -1.75% 74 Accumulated Depreciation is A$-104 Mil as of Jun. 2026. GuruFocus rates ASX:MEZ with a GF Score™ of 74/100 and a GF Value™ of A$3.92 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Meridian Energy's quarterly accumulated depreciation declined from Jun. 2025 (A$-97 Mil) to Dec. 2025 (A$0 Mil) but then increased from Dec. 2025 (A$0 Mil) to Jun. 2026 (A$-104 Mil).

Meridian Energy's annual accumulated depreciation increased from Jun. 2024 (A$-90 Mil) to Jun. 2025 (A$-97 Mil) and increased from Jun. 2025 (A$-97 Mil) to Jun. 2026 (A$-104 Mil).

Meridian Energy Accumulated Depreciation Related Terms

Meridian Energy Accumulated Depreciation Historical Data

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The historical data trend for Meridian Energy's Accumulated Depreciation 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.

Meridian Energy Accumulated Depreciation Chart

Meridian Energy Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -112.10 -106.04 -89.68 -97.33 -104.46

Meridian Energy Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Accumulated Depreciation 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 -89.68 0.00 -97.33 0.00 -104.46
ASX:MEZ
74GF Score
Meridian Energy Ltd ASX:MEZ
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Meridian Energy Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of A$-104 Mil mean?
Meridian Energy (ASX:MEZ) has a Accumulated Depreciation of A$-104 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Meridian Energy and its competitors.
Is Meridian Energy's Accumulated Depreciation too high?
Meridian Energy's current Accumulated Depreciation is A$-104 Mil. Overall, Meridian Energy has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meridian Energy's Accumulated Depreciation compare to competitors?
Meridian Energy's Accumulated Depreciation of A$-104 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Utilities - Independent Power Producers company?
A good Accumulated Depreciation depends on the Utilities - Independent Power Producers industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Meridian Energy and its competitors. Meridian Energy's current Accumulated Depreciation is A$-104 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Energy stock overvalued right now?
Based on GuruFocus' analysis, Meridian Energy (ASX:MEZ) is currently considered Modestly Overvalued. The stock's GF Value™ is A$3.92, compared to a current price of A$4.49 — trading 14.5% above its estimated fair value. The current Accumulated Depreciation is A$-104 Mil. Meridian Energy's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Meridian Energy (ASX:MEZ), the current Accumulated Depreciation is A$-104 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Meridian Energy (ASX:MEZ) Overvalued in 2026?

Based on GuruFocus' analysis, Meridian Energy stock appears to be overvalued. The current stock price of A$4.49 is trading 14.5% above its estimated GF Value™ of A$3.92. GuruFocus considers Meridian Energy to be Modestly Overvalued.

Key valuation signals for ASX:MEZ:

  • Accumulated Depreciation: A$-104 Mil
  • GF Value™: A$3.92 vs. price of A$4.49 (14.5% above fair value)
  • GF Score™: 74/100 with 7 warning signs

No single metric tells the full story. See the ASX:MEZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Meridian Energy Business Description

Address 98 Customhouse Quay, Level 2, Wellington, NZL, 6011
Meridian Energy is one of New Zealand's leading utilities. It is the largest electricity producer in the nation, with a third of the market, and the fourth-largest energy retailer, with about 15% of the market by customer numbers. It generates 100% renewable electricity, mainly from large hydroelectric schemes in the South Island. It also owns a geographically diversified portfolio of wind farms.
74GF Score

Get the complete analysis for ASX:MEZ

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$4.49
Price
A$3.92
GF Value