MGE Deferred Long Term Liab vs Accounts Payable Analysis
MGEE Stock | USD 80.13 2.42 3.11% |
MGE Energy financial indicator trend analysis is infinitely more than just investigating MGE Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MGE Energy is a good investment. Please check the relationship between MGE Energy Deferred Long Term Liab and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGE Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.
Deferred Long Term Liab vs Accounts Payable
Deferred Long Term Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MGE Energy Deferred Long Term Liab account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between MGE Energy's Deferred Long Term Liab and Accounts Payable is 0.23. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of MGE Energy, assuming nothing else is changed. The correlation between historical values of MGE Energy's Deferred Long Term Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of MGE Energy are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Deferred Long Term Liab i.e., MGE Energy's Deferred Long Term Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Accounts Payable
An accounting item on the balance sheet that represents MGE Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of MGE Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from MGE Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MGE Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGE Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.As of June 3, 2024, Selling General Administrative is expected to decline to about 13 M. In addition to that, Tax Provision is expected to decline to about 22.1 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 243.9M | 269.0M | 309.4M | 235.6M | Total Revenue | 714.5M | 690.4M | 794.0M | 457.8M |
MGE Energy fundamental ratios Correlations
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MGE Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MGE Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 35.6M | 36.2M | 36.2M | 36.2M | 41.6M | 32.0M | |
Total Assets | 2.3B | 2.4B | 2.5B | 2.7B | 3.1B | 3.2B | |
Short Long Term Debt Total | 594.1M | 641.9M | 727.2M | 780.0M | 897.0M | 941.9M | |
Other Current Liab | 57.8M | 20.0M | (211.3M) | 23.3M | 21.0M | 24.7M | |
Total Current Liabilities | 190.9M | 117.8M | 225.1M | 157.2M | 180.7M | 121.3M | |
Total Stockholder Equity | 976M | 1.0B | 1.1B | 1.1B | 1.3B | 1.4B | |
Property Plant And Equipment Net | 1.8B | 1.9B | 2.0B | 2.1B | 2.4B | 2.6B | |
Current Deferred Revenue | 21.2M | 23.3M | 252.2M | 25.3M | 29.0M | 30.5M | |
Net Debt | 549.4M | 624.5M | 715.6M | 768.9M | 884.2M | 928.4M | |
Retained Earnings | 545.4M | 596.4M | 649.9M | 707.2M | 813.2M | 853.9M | |
Accounts Payable | 54.6M | 64.1M | 59.3M | 65.5M | 75.3M | 43.9M | |
Cash | 44.7M | 17.4M | 11.6M | 11.1M | 12.8M | 12.2M | |
Non Current Assets Total | 2.0B | 2.2B | 2.3B | 2.4B | 2.8B | 2.9B | |
Non Currrent Assets Other | 22.3M | 195.0M | 23.8M | 20.7M | 23.9M | 22.7M | |
Cash And Short Term Investments | 44.7M | 17.4M | 11.6M | 11.1M | 12.8M | 12.2M | |
Net Receivables | 76.2M | 97.1M | 109.9M | 95.5M | 109.9M | 77.2M | |
Liabilities And Stockholders Equity | 2.3B | 2.4B | 2.5B | 2.7B | 3.1B | 3.2B | |
Non Current Liabilities Total | 1.1B | 1.2B | 1.2B | 1.4B | 1.6B | 1.7B | |
Inventory | 47.3M | 52.0M | 74.3M | 72.6M | 83.5M | 43.5M | |
Other Current Assets | 26.1M | 12.6M | 28.6M | 36.6M | 42.1M | 44.2M | |
Other Stockholder Equity | 394.4M | 394.9M | 395.7M | 396.8M | 456.3M | 367.2M | |
Total Liab | 1.3B | 1.3B | 1.4B | 1.5B | 1.8B | 1.9B | |
Property Plant And Equipment Gross | 1.8B | 1.9B | 2.0B | 2.9B | 3.4B | 3.5B | |
Total Current Assets | 209.5M | 199.4M | 243.5M | 238.2M | 273.9M | 183.0M | |
Short Term Debt | 57.3M | 10.4M | 124.8M | 43.1M | 49.6M | 43.8M | |
Other Liab | 555.6M | 544.1M | 595.1M | 600.6M | 690.7M | 725.2M | |
Other Assets | 153.5M | 413.8M | 195.0M | 176.5M | 202.9M | 143.3M | |
Long Term Debt | 519.3M | 614.2M | 585.2M | 718.8M | 826.6M | 868.0M | |
Property Plant Equipment | 1.6B | 1.8B | 1.9B | 2.0B | 2.3B | 1.2B | |
Net Tangible Assets | 1.4B | 1.5B | 1.6B | 1.7B | 1.9B | 1.4B | |
Good Will | 117.1M | 120.8M | (58.8M) | (79.8M) | (91.8M) | (87.2M) | |
Retained Earnings Total Equity | 504.7M | 545.4M | 596.4M | 649.9M | 747.3M | 394.4M | |
Long Term Debt Total | 523.7M | 519.3M | 614.2M | 585.2M | 673.0M | 503.7M | |
Deferred Long Term Liab | 259.4M | 257.3M | 276.0M | 300.9M | 346.1M | 283.3M | |
Long Term Investments | 96.1M | 99.9M | 106.4M | 112.8M | 129.7M | 93.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether MGE Energy is a strong investment it is important to analyze MGE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGE Energy's future performance. For an informed investment choice regarding MGE Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGE Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.Note that the MGE Energy information on this page should be used as a complementary analysis to other MGE Energy'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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Is MGE Energy'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 MGE Energy. If investors know MGE 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 MGE Energy 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 0.082 | Dividend Share 1.69 | Earnings Share 3.32 | Revenue Per Share 17.918 | Quarterly Revenue Growth (0.12) |
The market value of MGE Energy is measured differently than its book value, which is the value of MGE that is recorded on the company's balance sheet. Investors also form their own opinion of MGE Energy's value that differs from its market value or its book value, called intrinsic value, which is MGE Energy'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 MGE Energy's market value can be influenced by many factors that don't directly affect MGE Energy'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 MGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGE Energy'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.