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Canterbury Regional Council

Local Council

Council Details

Council Type
-
Short Name
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CEO
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Established
-

Contact

Website
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Email
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Phone
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Address
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Financial Health Score (2024)

Overall Score
66.7/100
Tier 3 - Acceptable
National Ranking
#11
of all councils
Peer Group Ranking
#1
of 4 in Regional
Solvency
80
30%
Operational
72.5
25%
Liquidity
87.5
15%
Assets
32.5
15%
Sustainability
44.1
15%
Net Debt to Revenue
39%
Interest Coverage
-x
Operating Margin
-%
Debt to Assets
6.4%

Financial Position (Stats NZ Data)

Total Assets
$1.5B
Total Debt
$97M
Rates Revenue
$169M
Current Ratio
1.90x

Source: Stats NZ Local Authority Financial Statistics. Scoring methodology based on DIA financial prudence benchmarks.View all council rankings →

Historical Financial Data

32 years available
Operating Income
$295.3M
+7.6% YoY
Operating Expenditure
$292.8M
+8.6% YoY
Operating Result
$2.5M
Surplus
Total Result
$3.6M

Income

Rates$168.8M
Regulatory Income & Petrol Tax$12.6M
Grants, Subsidies & Donations$88.0M
Interest Income$2.8M
Dividend Income$0
Sales & Other Income$23.1M
Total Operating Income$295.3M

Expenditure

Employee Costs$78.2M
Depreciation & Amortisation$8.2M
Grants, Subsidies & Donations$6.5M
Interest Expenditure$4.8M
Purchases & Other$195.1M
Total Operating Expenditure$292.8M

Source: Stats NZ Local Authority Financial Statistics. All values in NZD.