Middlesex Historical Income Statement
| MSEX Stock | USD 47.39 0.32 0.68% |
Historical analysis of Middlesex Water income statement accounts such as Operating Income of 27.5 M can show how well Middlesex Water performed in making a profits. Evaluating Middlesex Water income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Middlesex Water's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Middlesex Water latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Middlesex Water is a good buy for the upcoming year.
Middlesex |
About Middlesex Income Statement Analysis
Middlesex Water Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Middlesex Water shareholders. The income statement also shows Middlesex investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Middlesex Water Income Statement Chart
Middlesex Water Income Statement is one of the three primary financial statements used for reporting Middlesex's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Middlesex Water revenue and expense. Middlesex Water Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Middlesex Water's Gross Profit is fairly stable compared to the past year. Net Income is likely to rise to about 33.1 M in 2024, whereas Interest Expense is likely to drop slightly above 13.4 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Middlesex Water generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Middlesex Water minus its cost of goods sold. It is profit before Middlesex Water operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from Middlesex Water operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Middlesex Water is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Middlesex Water's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Middlesex Water current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Middlesex Water. 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 more information on how to buy Middlesex Stock please use our How to Invest in Middlesex Water guide.At this time, Middlesex Water's Gross Profit is fairly stable compared to the past year. Net Income is likely to rise to about 33.1 M in 2024, whereas Interest Expense is likely to drop slightly above 13.4 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 69.5M | 83.3M | 58.0M | 61.6M | Total Revenue | 143.1M | 162.4M | 166.3M | 85.8M |
Middlesex Water income statement Correlations
Click cells to compare fundamentals
Middlesex Water Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Middlesex Water income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 7.3M | 7.5M | 8.1M | 9.4M | 14.1M | 13.4M | |
| Total Revenue | 134.6M | 141.6M | 143.1M | 162.4M | 166.3M | 85.8M | |
| Gross Profit | 66.6M | 70.8M | 69.5M | 83.3M | 58.0M | 61.6M | |
| Operating Income | 35.5M | 37.4M | 33.2M | 47.3M | 39.2M | 27.5M | |
| Ebit | 35.5M | 37.4M | 33.2M | 47.3M | 39.2M | 27.5M | |
| Ebitda | 51.6M | 62.6M | 57.6M | 72.8M | 68.7M | 36.4M | |
| Net Income | 33.9M | 38.4M | 36.5M | 42.4M | 31.5M | 33.1M | |
| Income Tax Expense | (3.1M) | (4.1M) | (5.5M) | 3.2M | 1.0M | 988.9K | |
| Depreciation And Amortization | 16.1M | 25.2M | 24.4M | 25.5M | 29.4M | 30.9M | |
| Other Operating Expenses | 99.1M | 100.2M | 109.9M | 118.0M | 127.1M | 75.7M | |
| Cost Of Revenue | 68.0M | 70.8M | 73.7M | 79.1M | 108.3M | 58.3M | |
| Total Operating Expenses | 31.1M | 29.4M | 36.3M | 38.9M | 18.7M | 32.1M | |
| Income Before Tax | 30.7M | 34.3M | 31.1M | 45.7M | 32.6M | 22.3M | |
| Total Other Income Expense Net | (4.8M) | (3.1M) | (2.2M) | (1.7M) | (6.7M) | (6.3M) | |
| Net Income Applicable To Common Shares | 33.8M | 38.3M | 36.4M | 42.3M | 48.7M | 51.1M | |
| Selling General Administrative | 82.4M | 85.7M | 88.8M | 97.3M | 111.9M | 85.9M | |
| Net Income From Continuing Ops | 33.9M | 38.4M | 36.5M | 42.4M | 32.9M | 29.2M | |
| Non Operating Income Net Other | 2.5M | 4.4M | 6.0M | 7.7M | 8.9M | 9.3M | |
| Tax Provision | (3.1M) | (4.1M) | (5.5M) | 3.2M | 1.3M | 2.3M | |
| Net Interest Income | (7.3M) | (7.5M) | (8.1M) | (9.4M) | (9.2M) | (9.7M) | |
| Reconciled Depreciation | 17.2M | 20.8M | 21.1M | 27.5M | 29.4M | 23.1M |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Middlesex Water. 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 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 Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Middlesex Stock analysis
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.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |
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.