Meridian EnergyMEL 
$3.790.16%24h
0.16%24h
Global rank1613
Market cap$9.77B
Change 7d0.08%
YTD Performance10.51%
SP500 benchmarkUnderperform
P/E102.30
P/S4.92
Revenue$1.99B
Earnings$58.95M
Dividend yield2.7%
Main Sector
Utilities
Meridian Energy (MEL) Cash on Hand
MEL Cash on Hand in 2022: $131.55M
According to Meridian Energy latest financial reports the cash on hand of MEL is $131.55M, an decrease of -41.60% to 2022. At the end of 2022 company had $225.24M cash on hand. This amount reflects the liquid assets available to the company, which are crucial for its operational flexibility, investment opportunities, and overall financial security.
MEL Cash on Hand History from 2019 to 2023
-
Value:-
MEL Cash on Hand by year
| Year | Cash on Hand | Change |
|---|---|---|
| 2023 | $131.55M | -41.60% |
| 2022 | $225.24M | 145.27% |
| 2021 | $91.83M | -15.91% |
| 2020 | $109.21M | 125.64% |
| 2019 | $48.40M | - |
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