MGE Net Invested Capital vs Net Debt 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 Net Invested Capital and its Net Debt 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.

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MGE Energy Net Invested Capital account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between MGE Energy's Net Invested Capital and Net Debt is 0.92. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Debt 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 Net Invested Capital and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of MGE Energy are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Invested Capital i.e., MGE Energy's Net Invested Capital and Net Debt go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

Gross Profit Total Revenue

MGE Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.69	0.58	-0.13	0.59	0.66	0.65	0.28	0.52	0.59	0.87	0.08	0.67	0.08	0.08	0.87	-0.8	0.74	0.79	0.49	0.11	0.72	0.53	0.8	0.15	-0.8
Total Assets	0.69		0.98	-0.19	0.7	1.0	0.99	0.35	0.95	0.98	0.8	-0.38	1.0	-0.36	-0.38	0.75	-0.65	0.99	0.77	0.88	0.13	1.0	0.95	0.4	0.45	-0.65
Short Long Term Debt Total	0.58	0.98		-0.24	0.71	0.98	0.99	0.37	0.99	0.99	0.76	-0.54	0.99	-0.49	-0.54	0.71	-0.5	0.95	0.76	0.89	0.14	0.97	0.97	0.24	0.54	-0.5
Other Current Liab	-0.13	-0.19	-0.24		-0.53	-0.2	-0.19	-0.97	-0.26	-0.21	-0.2	0.31	-0.2	0.16	0.31	-0.47	0.03	-0.13	-0.45	-0.15	0.04	-0.18	-0.09	-0.11	-0.78	0.03
Total Current Liabilities	0.59	0.7	0.71	-0.53		0.73	0.71	0.69	0.7	0.73	0.75	-0.35	0.71	-0.55	-0.35	0.72	-0.3	0.61	0.79	0.62	0.15	0.67	0.59	0.34	0.84	-0.3
Total Stockholder Equity	0.66	1.0	0.98	-0.2	0.73		1.0	0.36	0.96	0.99	0.8	-0.41	1.0	-0.4	-0.41	0.74	-0.59	0.97	0.77	0.87	0.14	0.99	0.95	0.36	0.49	-0.59
Property Plant And Equipment Net	0.65	0.99	0.99	-0.19	0.71	1.0		0.35	0.97	0.99	0.79	-0.45	1.0	-0.43	-0.45	0.73	-0.57	0.97	0.76	0.88	0.14	0.99	0.96	0.32	0.49	-0.57
Current Deferred Revenue	0.28	0.35	0.37	-0.97	0.69	0.36	0.35		0.38	0.36	0.34	-0.27	0.35	-0.24	-0.27	0.58	-0.18	0.28	0.54	0.27	0.02	0.34	0.2	0.22	0.83	-0.18
Net Debt	0.52	0.95	0.99	-0.26	0.7	0.96	0.97	0.38		0.97	0.74	-0.64	0.96	-0.52	-0.64	0.67	-0.42	0.91	0.75	0.88	0.11	0.93	0.96	0.13	0.56	-0.42
Retained Earnings	0.59	0.98	0.99	-0.21	0.73	0.99	0.99	0.36	0.97		0.78	-0.47	0.99	-0.48	-0.47	0.7	-0.49	0.94	0.76	0.87	0.17	0.96	0.95	0.28	0.53	-0.49
Accounts Payable	0.87	0.8	0.76	-0.2	0.75	0.8	0.79	0.34	0.74	0.78		-0.3	0.8	-0.18	-0.3	0.89	-0.55	0.79	0.88	0.58	0.09	0.79	0.69	0.53	0.36	-0.55
Cash	0.08	-0.38	-0.54	0.31	-0.35	-0.41	-0.45	-0.27	-0.64	-0.47	-0.3		-0.43	0.5	1.0	-0.19	-0.22	-0.31	-0.36	-0.4	0.12	-0.35	-0.5	0.55	-0.5	-0.22
Non Current Assets Total	0.67	1.0	0.99	-0.2	0.71	1.0	1.0	0.35	0.96	0.99	0.8	-0.43		-0.39	-0.43	0.74	-0.61	0.98	0.77	0.88	0.13	0.99	0.95	0.34	0.47	-0.61
Non Currrent Assets Other	0.08	-0.36	-0.49	0.16	-0.55	-0.4	-0.43	-0.24	-0.52	-0.48	-0.18	0.5	-0.39		0.5	-0.03	-0.24	-0.26	-0.29	-0.52	-0.4	-0.32	-0.47	0.31	-0.6	-0.24
Cash And Short Term Investments	0.08	-0.38	-0.54	0.31	-0.35	-0.41	-0.45	-0.27	-0.64	-0.47	-0.3	1.0	-0.43	0.5		-0.19	-0.22	-0.31	-0.36	-0.4	0.12	-0.35	-0.5	0.55	-0.5	-0.22
Net Receivables	0.87	0.75	0.71	-0.47	0.72	0.74	0.73	0.58	0.67	0.7	0.89	-0.19	0.74	-0.03	-0.19		-0.64	0.76	0.89	0.54	0.08	0.76	0.62	0.66	0.45	-0.64
Common Stock Total Equity	-0.8	-0.65	-0.5	0.03	-0.3	-0.59	-0.57	-0.18	-0.42	-0.49	-0.55	-0.22	-0.61	-0.24	-0.22	-0.64		-0.73	-0.44	-0.46	-0.04	-0.69	-0.46	-0.71	0.04	1.0
Non Current Liabilities Total	0.74	0.99	0.95	-0.13	0.61	0.97	0.97	0.28	0.91	0.94	0.79	-0.31	0.98	-0.26	-0.31	0.76	-0.73		0.75	0.86	0.12	1.0	0.93	0.46	0.33	-0.73
Inventory	0.79	0.77	0.76	-0.45	0.79	0.77	0.76	0.54	0.75	0.76	0.88	-0.36	0.77	-0.29	-0.36	0.89	-0.44	0.75		0.7	0.07	0.76	0.72	0.55	0.57	-0.44
Other Current Assets	0.49	0.88	0.89	-0.15	0.62	0.87	0.88	0.27	0.88	0.87	0.58	-0.4	0.88	-0.52	-0.4	0.54	-0.46	0.86	0.7		0.02	0.88	0.94	0.3	0.51	-0.46
Other Stockholder Equity	0.11	0.13	0.14	0.04	0.15	0.14	0.14	0.02	0.11	0.17	0.09	0.12	0.13	-0.4	0.12	0.08	-0.04	0.12	0.07	0.02		0.13	0.1	0.08	0.05	-0.04
Total Liab	0.72	1.0	0.97	-0.18	0.67	0.99	0.99	0.34	0.93	0.96	0.79	-0.35	0.99	-0.32	-0.35	0.76	-0.69	1.0	0.76	0.88	0.13		0.94	0.43	0.42	-0.69
Property Plant And Equipment Gross	0.53	0.95	0.97	-0.09	0.59	0.95	0.96	0.2	0.96	0.95	0.69	-0.5	0.95	-0.47	-0.5	0.62	-0.46	0.93	0.72	0.94	0.1	0.94		0.23	0.42	-0.46
Total Current Assets	0.8	0.4	0.24	-0.11	0.34	0.36	0.32	0.22	0.13	0.28	0.53	0.55	0.34	0.31	0.55	0.66	-0.71	0.46	0.55	0.3	0.08	0.43	0.23		0.01	-0.71
Short Term Debt	0.15	0.45	0.54	-0.78	0.84	0.49	0.49	0.83	0.56	0.53	0.36	-0.5	0.47	-0.6	-0.5	0.45	0.04	0.33	0.57	0.51	0.05	0.42	0.42	0.01		0.04
Common Stock	-0.8	-0.65	-0.5	0.03	-0.3	-0.59	-0.57	-0.18	-0.42	-0.49	-0.55	-0.22	-0.61	-0.24	-0.22	-0.64	1.0	-0.73	-0.44	-0.46	-0.04	-0.69	-0.46	-0.71	0.04

Click cells to compare fundamentals

MGE Energy Account Relationship Matchups

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

Also Currently Popular

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.

V	Visa Class A
BAC	Bank of America
GM	General Motors

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:

How To Invest In MGE

Details

Is MGE Stock a good investment?

Details

What is MGE Energy's Net Worth?

Details

Largest Electric Utilities Companies

View

Largest Utilities - Regulated Electric Companies

View

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 Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for MGE Stock analysis

When running MGE Energy's price analysis, check to measure MGE Energy'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 MGE Energy is operating at the current time. Most of MGE Energy's value examination focuses on studying past and present price action to predict the probability of MGE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGE Energy's price. Additionally, you may evaluate how the addition of MGE Energy to your portfolios can decrease your overall portfolio volatility.

	Commodity Directory Find actively traded commodities issued by global exchanges
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Technical Analysis Check basic technical indicators and analysis based on most latest market data

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

MGE Net Invested Capital vs Net Debt Analysis

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Debt

MGE Energy fundamental ratios Correlations

MGE Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MGE Energy fundamental ratios Accounts

Also Currently Popular

Complementary Tools for MGE Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Current Deferred Revenue	- 0.97	Other Current Liab
Common Stock	- 0.8	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.8	Common Stock Shares Outstanding
Short Term Debt	- 0.78	Other Current Liab
Common Stock	- 0.73	Non Current Liabilities Total
Non Current Liabilities Total	- 0.73	Common Stock Total Equity