Mercury NZ (Mercury NZ) Accumulated Depreciation : $0 Mil (As of Dec. 2023)

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What is Mercury NZ Accumulated Depreciation?

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

Mercury NZ's quarterly accumulated depreciation increased from Dec. 2022 ($0 Mil) to Jun. 2023 ($-81 Mil) but then stayed the same from Jun. 2023 ($-81 Mil) to Dec. 2023 ($0 Mil).

Mercury NZ's annual accumulated depreciation increased from Jun. 2021 ($-66 Mil) to Jun. 2022 ($-69 Mil) and increased from Jun. 2022 ($-69 Mil) to Jun. 2023 ($-81 Mil).

Mercury NZ Accumulated Depreciation Historical Data

The historical data trend for Mercury NZ'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.

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Mercury NZ Accumulated Depreciation Chart

Mercury NZ Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accumulated Depreciation

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-69.97

-50.94

-66.10

-69.25

-80.98

Mercury NZ Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-	-69.25	-	-80.98	-

Mercury NZ 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.

Mercury NZ Accumulated Depreciation Related Terms

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Mercury NZ (Mercury NZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mercury NZ Ltd (OTCPK:MGHTF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

MCY:New Zealand MRY:Germany MCY:Australia

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.

Mercury NZ (Mercury NZ) Headlines

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By GuruFocus Research • 09-13-2023