Middlesex Financial Statements From 2010 to 2024

MSEX Stock  USD 48.02  0.02  0.04%   
Middlesex Water financial statements provide useful quarterly and yearly information to potential Middlesex Water investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Middlesex Water financial statements helps investors assess Middlesex Water's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Middlesex Water's valuation are summarized below:
Gross Profit
83.3 M
Profit Margin
0.1896
Market Capitalization
855 M
Enterprise Value Revenue
7.5149
Revenue
166.3 M
We have found one hundred twenty available fundamental ratios for Middlesex Water, which can be analyzed and compared to other ratios and to its peers in the industry. All investors should make sure to check all of Middlesex Water last-minute market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. Market Cap is likely to rise to about 1 B in 2024. Enterprise Value is likely to rise to about 1.2 B in 2024

Middlesex Water Total Revenue

85.79 Million

Check Middlesex Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Middlesex main balance sheet or income statement drivers, such as Interest Expense of 13.4 M, Total Revenue of 85.8 M or Gross Profit of 61.6 M, as well as many exotic indicators such as Price To Sales Ratio of 7.35, Dividend Yield of 0.0184 or PTB Ratio of 1.82. Middlesex financial statements analysis is a perfect complement when working with Middlesex Water Valuation or Volatility modules.
  
This module can also supplement Middlesex Water's financial leverage analysis and stock options assessment as well as various Middlesex Water Technical models . Check out the analysis of Middlesex Water Correlation against competitors.
For more information on how to buy Middlesex Stock please use our How to Invest in Middlesex Water guide.

Middlesex Water Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding13 M17.8 M15.8 M
Slightly volatile
Total Assets1.3 B1.2 B765.8 M
Slightly volatile
Short and Long Term Debt Total432.9 M412.3 M232 M
Slightly volatile
Other Current Liabilities24.9 M23.7 M15 M
Slightly volatile
Total Current Liabilities109 M103.8 M63.4 M
Slightly volatile
Total Stockholder Equity446.3 M425.1 M269 M
Slightly volatile
Property Plant And Equipment Net1.1 BB629.2 M
Slightly volatile
Net Debt430.4 M409.9 M228.5 M
Slightly volatile
Retained Earnings185 M176.2 M92.1 M
Slightly volatile
Accounts Payable29 M27.6 M15.5 M
Slightly volatile
CashM2.4 M3.5 M
Pretty Stable
Non Current Assets Total1.2 B1.1 B727.2 M
Slightly volatile
Non Currrent Assets Other27 M25.7 M42 M
Pretty Stable
Cash And Short Term InvestmentsM2.4 M3.5 M
Pretty Stable
Net Receivables102.2 M97.3 M28.7 M
Slightly volatile
Common Stock Total Equity281.4 M268 M177.4 M
Slightly volatile
Liabilities And Stockholders Equity1.3 B1.2 B765.8 M
Slightly volatile
Non Current Liabilities Total742.5 M707.1 M432.4 M
Slightly volatile
Inventory7.3 MM4.1 M
Slightly volatile
Other Current Assets2.1 M1.8 M2.2 M
Slightly volatile
Other Stockholder Equity259.1 M246.8 M160.1 M
Slightly volatile
Total Liabilities851.5 M811 M496.8 M
Slightly volatile
Property Plant And Equipment Gross1.3 B1.2 B688.3 M
Slightly volatile
Total Current Assets114 M108.5 M38.5 M
Slightly volatile
Common Stock234.4 M246.8 M172.8 M
Slightly volatile
Current Deferred Revenue1.3 M1.4 M1.4 M
Slightly volatile
Short Term Debt53.6 M51.1 M31.9 M
Slightly volatile
Other Liabilities156.8 M299.2 M205.3 M
Slightly volatile
Other Assets0.951.0123.3 M
Pretty Stable
Long Term Debt376.1 M358.2 M178.8 M
Slightly volatile
Preferred Stock Total Equity2.5 M1.9 M2.6 M
Slightly volatile
Property Plant Equipment1.1 B1.1 B531.7 M
Slightly volatile
Net Tangible Assets336.1 M460.4 M322.2 M
Pretty Stable
Retained Earnings Total Equity202 M192.4 M95.5 M
Slightly volatile
Long Term Debt Total171 M333.8 M159.5 M
Slightly volatile
Deferred Long Term Liabilities84.1 M106.8 M76.4 M
Slightly volatile
Non Current Liabilities Other190.5 M122.9 M170.7 M
Slightly volatile
Short and Long Term Debt33 M50.5 M23.8 M
Slightly volatile
Net Invested Capital685.2 M831.6 M524.5 M
Slightly volatile
Capital Stock239.2 M248.8 M188.1 M
Slightly volatile
Capital Lease Obligations3.5 M3.1 M5.1 M
Slightly volatile

Middlesex Water Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue85.8 M166.3 M121.8 M
Slightly volatile
Gross Profit61.6 M58 M63.7 M
Pretty Stable
Operating Income27.5 M39.2 M34 M
Slightly volatile
EBIT27.5 M39.2 M34 M
Slightly volatile
EBITDA36.4 M68.7 M49.3 M
Slightly volatile
Net Income33.1 M31.5 M25.3 M
Slightly volatile
Depreciation And Amortization30.9 M29.4 M16.9 M
Slightly volatile
Other Operating Expenses75.7 M127.1 M90.4 M
Slightly volatile
Cost Of Revenue58.3 M108.3 M65.1 M
Slightly volatile
Total Operating Expenses32.1 M18.7 M30.9 M
Pretty Stable
Income Before Tax22.3 M32.6 M28.8 M
Slightly volatile
Net Income Applicable To Common Shares51.1 M48.7 M27.7 M
Slightly volatile
Selling General Administrative85.9 M111.9 M79.4 M
Slightly volatile
Preferred Stock And Other Adjustments121.4 K108 K150.4 K
Slightly volatile
Net Income From Continuing Ops29.2 M32.9 M25.9 M
Slightly volatile
Interest Income6.7 M8.4 M6.3 M
Slightly volatile
Reconciled Depreciation23.1 M29.4 M18.2 M
Slightly volatile
Extraordinary Items488 K549 K597.8 K
Slightly volatile

Middlesex Water Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow6.1 M3.8 M7.1 M
Slightly volatile
Dividends Paid11.8 M22.6 M14.5 M
Slightly volatile
Capital Expenditures94.7 M90.2 M56 M
Slightly volatile
Total Cash From Operating Activities28.5 M52.8 M38.6 M
Slightly volatile
Net Income17.7 M31.5 M24.5 M
Slightly volatile
End Period Cash Flow2.3 M2.4 MM
Pretty Stable
Depreciation28 M29.4 M534.3 M
Slightly volatile
Issuance Of Capital Stock11 M9.3 M6.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.356.99795.8507
Slightly volatile
Dividend Yield0.01840.01940.0264
Slightly volatile
PTB Ratio1.822.73732.6872
Slightly volatile
Days Sales Outstanding22421475.8041
Slightly volatile
Book Value Per Share25.1723.972216.1645
Slightly volatile
Invested Capital1.10.96280.8654
Pretty Stable
Operating Cash Flow Per Share3.132.97672.4525
Slightly volatile
Average Payables2.3 M3.1 M3.3 M
Pretty Stable
PB Ratio1.822.73732.6872
Slightly volatile
EV To Sales9.949.46327.5635
Slightly volatile
ROIC0.06510.04550.0621
Very volatile
Inventory Turnover18.1215.534620.1595
Slightly volatile
Net Income Per Share1.871.77781.5271
Slightly volatile
Days Of Inventory On Hand22.3223.49627.8525
Pretty Stable
Payables Turnover5.533.92166.4944
Slightly volatile
Average Inventory985.8 K1.2 M1.2 M
Slightly volatile
Cash Per Share0.130.13480.2272
Slightly volatile
POCF Ratio12.5522.044918.881
Slightly volatile
Interest Coverage3.792.77825.0345
Very volatile
Payout Ratio0.850.71570.6496
Slightly volatile
Days Payables Outstanding13893.07489.7772
Slightly volatile
Income Quality1.871.67431.6944
Slightly volatile
ROE0.07420.07420.096
Very volatile
EV To Operating Cash Flow17.7829.811124.4164
Slightly volatile
PE Ratio38.7636.910728.7762
Slightly volatile
Return On Tangible Assets0.02560.02550.0336
Very volatile
Earnings Yield0.02570.02710.04
Slightly volatile
Net Debt To EBITDA3.525.96984.1132
Slightly volatile
Current Ratio0.851.04530.6377
Pretty Stable
Tangible Book Value Per Share25.1723.972216.1645
Slightly volatile
Receivables Turnover1.621.70826.155
Slightly volatile
Graham Number32.5130.966123.5599
Slightly volatile
Shareholders Equity Per Share25.1723.972216.1645
Slightly volatile
Debt To Equity1.10.96280.8654
Pretty Stable
Average Receivables8.5 M11.4 M12 M
Very volatile
Revenue Per Share4.99.37717.4514
Slightly volatile
Interest Debt Per Share34.523.875514.9656
Slightly volatile
Debt To Assets0.370.33110.303
Pretty Stable
Enterprise Value Over EBITDA12.2222.915518.0774
Slightly volatile
Short Term Coverage Ratios0.981.03314.6985
Slightly volatile
Price Earnings Ratio38.7636.910728.7762
Slightly volatile
Operating Cycle12323795.5184
Pretty Stable
Price Book Value Ratio1.822.73732.6872
Slightly volatile
Days Of Payables Outstanding13893.07489.7772
Slightly volatile
Dividend Payout Ratio0.850.71570.6496
Slightly volatile
Price To Operating Cash Flows Ratio12.5522.044918.881
Slightly volatile
Pretax Profit Margin0.170.19590.2282
Very volatile
Ebt Per Ebit0.630.83030.8411
Pretty Stable
Operating Profit Margin0.290.23590.2729
Pretty Stable
Company Equity Multiplier3.22.90782.8727
Very volatile
Long Term Debt To Capitalization0.520.45730.4269
Pretty Stable
Total Debt To Capitalization0.550.49050.4638
Pretty Stable
Return On Capital Employed0.06770.03460.0565
Slightly volatile
Debt Equity Ratio1.10.96280.8654
Pretty Stable
Ebit Per Revenue0.290.23590.2729
Pretty Stable
Quick Ratio0.660.96050.5124
Pretty Stable
Net Income Per E B T0.60.9680.8107
Slightly volatile
Cash Ratio0.02190.0230.0874
Slightly volatile
Operating Cash Flow Sales Ratio0.210.31740.3006
Pretty Stable
Days Of Inventory Outstanding22.3223.49627.8525
Pretty Stable
Days Of Sales Outstanding22421475.8041
Slightly volatile
Cash Flow Coverage Ratios0.130.1290.1919
Slightly volatile
Price To Book Ratio1.822.73732.6872
Slightly volatile
Fixed Asset Turnover0.280.16410.2308
Slightly volatile
Price Cash Flow Ratio12.5522.044918.881
Slightly volatile
Enterprise Value Multiple12.2222.915518.0774
Slightly volatile
Debt Ratio0.370.33110.303
Pretty Stable
Cash Flow To Debt Ratio0.130.1290.1919
Slightly volatile
Price Sales Ratio7.356.99795.8507
Slightly volatile
Return On Assets0.02570.02550.0338
Very volatile
Asset Turnover0.230.13450.189
Slightly volatile
Net Profit Margin0.120.18960.1874
Slightly volatile
Gross Profit Margin0.650.34860.5175
Pretty Stable
Price Fair Value1.822.73732.6872
Slightly volatile
Return On Equity0.07420.07420.096
Very volatile

Middlesex Water Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB954.6 M981.3 M
Slightly volatile
Enterprise Value1.2 B1.2 B1.2 B
Slightly volatile

Middlesex Fundamental Market Drivers

Forward Price Earnings20.6186
Cash And Short Term Investments2.4 M

Middlesex Upcoming Events

23rd of February 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
23rd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Middlesex Water Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Middlesex Water income statement, its balance sheet, and the statement of cash flows. Middlesex Water investors use historical funamental indicators, such as Middlesex Water's revenue or net income, to determine how well the company is positioned to perform in the future. Although Middlesex Water investors may use each financial statement separately, they are all related. The changes in Middlesex Water's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Middlesex Water's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Middlesex Water Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Middlesex Water. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue1.4 M1.3 M
Total Revenue166.3 M85.8 M
Cost Of Revenue108.3 M58.3 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.54)(0.57)
Revenue Per Share 9.38  4.90 
Ebit Per Revenue 0.24  0.29 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Middlesex Water in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Middlesex Water's short interest history, or implied volatility extrapolated from Middlesex Water options trading.

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When determining whether Middlesex Water offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Middlesex Water's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Middlesex Water Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Middlesex Water Stock:
Check out the analysis of Middlesex Water Correlation against competitors.
For more information on how to buy Middlesex Stock please use our How to Invest in Middlesex Water guide.
Note that the Middlesex Water information on this page should be used as a complementary analysis to other Middlesex Water's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Middlesex Water's price analysis, check to measure Middlesex Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Middlesex Water is operating at the current time. Most of Middlesex Water's value examination focuses on studying past and present price action to predict the probability of Middlesex Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Middlesex Water's price. Additionally, you may evaluate how the addition of Middlesex Water to your portfolios can decrease your overall portfolio volatility.
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Is Middlesex Water's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Middlesex Water. If investors know Middlesex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Middlesex Water listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
1.263
Earnings Share
1.76
Revenue Per Share
9.377
Quarterly Revenue Growth
(0.01)
The market value of Middlesex Water is measured differently than its book value, which is the value of Middlesex that is recorded on the company's balance sheet. Investors also form their own opinion of Middlesex Water's value that differs from its market value or its book value, called intrinsic value, which is Middlesex Water's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Middlesex Water's market value can be influenced by many factors that don't directly affect Middlesex Water's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Middlesex Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Middlesex Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Middlesex Water's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.