Middlesex Historical Income Statement
MSEX Stock | USD 49.08 0.84 1.74% |
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.
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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.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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Middlesex Water financial statement analysis. It represents the amount of money remaining after all of Middlesex Water operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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
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Middlesex Water Account Relationship Matchups
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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 |
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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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
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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.