Mercury NZMGHTF +8.44%78 Current Ratio is 0.79 as of Dec. 2025, which is 2% below its 10-year median of 0.81. GuruFocus rates MGHTF with a GF Score™ of 78/100 and a GF Value™ of $4.06 (Fairly Valued). The stock has 11 warning signs investors should review. Among 445 Utilities - Independent Power Producers companies, Mercury NZ ranks worse than 76.63% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Mercury NZ's current ratio for the quarter that ended in Dec. 2025 was 0.79.
Mercury NZ has a current ratio of 0.79. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Mercury NZ has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Mercury NZ's Current Ratio or its related term are showing as below:
MGHTF'
s Current Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.81 Max: 1.51
Current: 0.79
During the past 13 years, Mercury NZ's highest Current Ratio was 1.51. The lowest was 0.47. And the median was 0.81.
Mercury NZ (OTCPK:MGHTF) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Mercury NZ Current Ratio Related Terms
Mercury NZ Current Ratio Historical Data
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The historical data trend for Mercury NZ's Current Ratio 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.
For the Utilities - Renewable subindustry, Mercury NZ's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mercury NZ Current Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's Current Ratio distribution charts can be found below:
* The bar in red indicates where Mercury NZ's Current Ratio falls into.
* 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.
Mercury NZ (MGHTF) has a Current Ratio of 0.79 as of Dec. 2025. This is near median its historical median of 0.81. Over the past decade, Mercury NZ's Current Ratio has ranged from 0.47 to 1.51. According to the industry distribution chart, Mercury NZ ranks #341 out of 445 companies in the Utilities - Independent Power Producers industry, placing it in the top 76.6%.
Is Mercury NZ's Current Ratio too high?
Mercury NZ's current Current Ratio of 0.79 is near median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.51. The Utilities - Independent Power Producers industry median Current Ratio is 1.36. Mercury NZ's value of 0.79 is 41.9% below this industry median. Based on the distribution chart, Mercury NZ ranks #341 out of 445 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Mercury NZ has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mercury NZ's Current Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Mercury NZ ranks #341 out of 445 companies for Current Ratio. This places Mercury NZ in the lower half of its industry. The industry median Current Ratio is 1.36. Mercury NZ's value of 0.79 is 41.9% below this benchmark. Historically, Mercury NZ's own Current Ratio has ranged from 0.47 to 1.51 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.36, Mercury NZ has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Utilities - Independent Power Producers company?
The median Current Ratio among Utilities - Independent Power Producers companies is 1.36, based on 445 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercury NZ's current Current Ratio of 0.79 is 41.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury NZ's current Current Ratio is 0.79, which is near median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury NZ stock overvalued right now?
Based on GuruFocus' analysis, Mercury NZ (MGHTF) is currently considered Fairly Valued. The stock's GF Value™ is $4.06, compared to a current price of $4.37 — trading 7.6% above its estimated fair value. The current Current Ratio is 0.79, which is near median its 10-year median of 0.81 and 41.9% below the Utilities - Independent Power Producers industry median of 1.36. Mercury NZ's overall GF Score™ is 78/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Mercury NZ (MGHTF), the current Current Ratio is 0.79 as of Dec. 2025. 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 Mercury NZ (MGHTF) Overvalued in 2026?
Based on GuruFocus' analysis, Mercury NZ stock appears to be overvalued.
The current stock price of $4.37 is trading 7.6% above its estimated GF Value™ of $4.06.
GuruFocus considers Mercury NZ to be Fairly Valued.
Key valuation signals for MGHTF:
Current Ratio: 0.79 (near median its 10-year median of 0.81)
GF Value™: $4.06 vs. price of $4.37 (7.6% above fair value)
Industry Position: 41.9% below the Utilities - Independent Power Producers median (#341 of 445)
No single metric tells the full story. See the MGHTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
78GF Score
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