GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Meridian Energy Ltd (NZSE:MEL) » Definitions » Construction In Progress

Meridian Energy (NZSE:MEL) Construction In Progress : NZ$461 Mil (As of Jun. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Meridian Energy Construction In Progress?

Meridian Energy's quarterly construction in progress declined from Jun. 2023 (NZ$542 Mil) to Dec. 2023 (NZ$0 Mil) but then increased from Dec. 2023 (NZ$0 Mil) to Jun. 2024 (NZ$461 Mil).

Meridian Energy's annual construction in progress increased from Jun. 2022 (NZ$230 Mil) to Jun. 2023 (NZ$542 Mil) but then declined from Jun. 2023 (NZ$542 Mil) to Jun. 2024 (NZ$461 Mil).

Meridian Energy Construction In Progress Historical Data

The historical data trend for Meridian Energy's Construction In Progress 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.

* Premium members only.

Meridian Energy Construction In Progress Chart

Meridian Energy Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.00 159.00 230.00 542.00 461.00

Meridian Energy Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Construction In Progress 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 230.00 - 542.00 - 461.00

Meridian Energy Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Meridian Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Meridian Energy Ltd (NZSE:MEL) » Definitions » Construction In Progress
Comparable Companies
NZSE:MCY NZSE:CEN NZSE:MNW SHSE:600900 GEV ISX:BREN CEG WBO:VER SHSE:600025 XPRA:CEZ BKK:GULF BOM:541450 OCSE:ORSTED SHSE:600905 SHSE:600886 SZSE:001289 BSP:ELET3 NSE:NTPCGREEN OHEL:FORTUM BSE:H2O
Traded in Other Exchanges
MDDNF:USA 15M1:Germany MEZ:Australia
Address
98 Customhouse Quay, Level 2, Wellington, STL, NZL, 6011
Website
https://www.meridianenergy.co.nz
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.

Meridian Energy Headlines

No Headlines