Middlesex Property Plant Equipment vs Common Stock Analysis

MSEX Stock  USD 52.42  0.42  0.81%   
Middlesex Water financial indicator trend analysis is infinitely more than just investigating Middlesex Water recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Middlesex Water is a good investment. Please check the relationship between Middlesex Water Property Plant Equipment and its Common Stock accounts. 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.

Property Plant Equipment vs Common Stock

Property Plant Equipment vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Middlesex Water Property Plant Equipment account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Middlesex Water's Property Plant Equipment and Common Stock is 0.77. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock in the same time period over historical financial statements of Middlesex Water, assuming nothing else is changed. The correlation between historical values of Middlesex Water's Property Plant Equipment and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Middlesex Water are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Property Plant Equipment i.e., Middlesex Water's Property Plant Equipment and Common Stock go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Common Stock

Most indicators from Middlesex Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 11 M in 2024, whereas Selling General Administrative is likely to drop slightly above 85.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit69.5M83.3M58.0M61.6M
Total Revenue143.1M162.4M166.3M85.8M

Middlesex Water fundamental ratios Correlations

0.530.420.380.440.530.530.420.380.41-0.070.560.33-0.070.060.60.530.410.410.560.520.440.090.71-0.890.36
0.530.980.890.841.01.00.980.970.92-0.291.00.25-0.290.740.980.990.940.450.981.00.980.780.96-0.430.58
0.420.980.870.840.980.981.00.970.89-0.310.980.2-0.310.780.960.970.90.390.950.980.990.810.92-0.320.61
0.380.890.870.890.860.890.870.870.81-0.210.870.0-0.210.850.860.880.890.240.840.90.880.880.79-0.370.69
0.440.840.840.890.820.840.840.820.75-0.180.830.19-0.180.660.80.790.830.330.790.840.830.690.77-0.40.92
0.531.00.980.860.821.00.980.970.93-0.261.00.24-0.260.70.980.990.930.480.990.990.980.740.97-0.420.56
0.531.00.980.890.841.00.980.980.92-0.251.00.21-0.250.730.980.990.940.470.980.990.990.770.96-0.420.58
0.420.981.00.870.840.980.980.970.89-0.310.970.2-0.310.780.960.970.90.390.950.980.990.810.92-0.320.61
0.380.970.970.870.820.970.980.970.94-0.220.970.16-0.220.720.920.950.950.490.960.960.980.760.89-0.220.55
0.410.920.890.810.750.930.920.890.94-0.130.930.36-0.130.60.870.910.950.590.950.920.880.650.86-0.240.44
-0.07-0.29-0.31-0.21-0.18-0.26-0.25-0.31-0.22-0.13-0.28-0.321.0-0.39-0.32-0.32-0.20.21-0.24-0.31-0.26-0.36-0.280.1-0.16
0.561.00.980.870.831.01.00.970.970.93-0.280.29-0.280.70.980.990.930.50.990.990.970.740.97-0.450.57
0.330.250.20.00.190.240.210.20.160.36-0.320.29-0.32-0.140.260.270.220.490.30.260.11-0.120.33-0.260.11
-0.07-0.29-0.31-0.21-0.18-0.26-0.25-0.31-0.22-0.131.0-0.28-0.32-0.39-0.32-0.32-0.20.21-0.24-0.31-0.26-0.36-0.280.1-0.16
0.060.740.780.850.660.70.730.780.720.6-0.390.7-0.14-0.390.720.750.68-0.130.650.760.761.00.6-0.120.48
0.60.980.960.860.80.980.980.960.920.87-0.320.980.26-0.320.720.980.880.390.970.980.950.750.98-0.540.55
0.530.990.970.880.790.990.990.970.950.91-0.320.990.27-0.320.750.980.920.440.981.00.960.780.96-0.440.51
0.410.940.90.890.830.930.940.90.950.95-0.20.930.22-0.20.680.880.920.490.940.930.910.730.86-0.280.56
0.410.450.390.240.330.480.470.390.490.590.210.50.490.21-0.130.390.440.490.530.440.41-0.080.47-0.20.15
0.560.980.950.840.790.990.980.950.960.95-0.240.990.3-0.240.650.970.980.940.530.980.950.690.97-0.420.51
0.521.00.980.90.840.990.990.980.960.92-0.310.990.26-0.310.760.981.00.930.440.980.970.80.95-0.440.58
0.440.980.990.880.830.980.990.990.980.88-0.260.970.11-0.260.760.950.960.910.410.950.970.80.91-0.320.6
0.090.780.810.880.690.740.770.810.760.65-0.360.74-0.12-0.361.00.750.780.73-0.080.690.80.80.63-0.140.5
0.710.960.920.790.770.970.960.920.890.86-0.280.970.33-0.280.60.980.960.860.470.970.950.910.63-0.60.53
-0.89-0.43-0.32-0.37-0.4-0.42-0.42-0.32-0.22-0.240.1-0.45-0.260.1-0.12-0.54-0.44-0.28-0.2-0.42-0.44-0.32-0.14-0.6-0.38
0.360.580.610.690.920.560.580.610.550.44-0.160.570.11-0.160.480.550.510.560.150.510.580.60.50.53-0.38
Click cells to compare fundamentals

Middlesex Water Account Relationship Matchups

Middlesex Water fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding16.8M17.6M17.6M17.7M17.8M13.0M
Total Assets909.9M976.5M1.0B1.1B1.2B1.3B
Short Long Term Debt Total263.7M287.5M330.6M366.9M412.3M432.9M
Other Current Liab13.3M15.9M14.4M18.7M23.7M24.9M
Total Current Liabilities65.0M56.8M56.6M117.9M103.8M109.0M
Total Stockholder Equity325.9M348.3M369.8M402.4M425.1M446.3M
Property Plant And Equipment Net711.7M801.8M869.9M924.4M1.0B1.1B
Net Debt261.5M283.1M327.1M363.1M409.9M430.4M
Retained Earnings108.7M128.8M145.8M167.3M176.2M185.0M
Accounts Payable23.3M30.4M21.1M24.8M27.6M29.0M
Cash2.2M4.5M3.5M3.8M2.4M3.0M
Non Current Assets Total880.7M942.3M985.7M1.0B1.1B1.2B
Non Currrent Assets Other114.7M79.2M46.3M35.0M25.7M27.0M
Cash And Short Term Investments2.2M4.5M3.5M3.8M2.4M3.0M
Net Receivables19.1M21.6M22.6M24.7M97.3M102.2M
Common Stock Total Equity215.1M217.5M221.9M233.1M268.0M281.4M
Liabilities And Stockholders Equity909.9M976.5M1.0B1.1B1.2B1.3B
Non Current Liabilities Total519.0M571.3M593.6M554.2M707.1M742.5M
Inventory5.4M5.1M5.4M6.2M7.0M7.3M
Other Current Assets2.4M2.9M2.9M2.6M1.8M2.1M
Other Stockholder Equity215.1M217.5M221.9M233.1M246.8M259.1M
Total Liab584.0M628.2M650.2M672.0M811.0M851.5M
Property Plant And Equipment Gross711.7M801.8M1.1B1.1B1.2B1.3B
Total Current Assets29.1M34.1M34.4M37.3M108.5M114.0M
Accumulated Other Comprehensive Income(215.1M)(217.5M)(221.9M)(233.1M)(246.8M)(234.4M)
Common Stock215.1M217.5M221.9M233.1M246.8M234.4M
Current Deferred Revenue1.2M1.3M1.3M1.4M1.4M1.3M
Short Term Debt27.2M9.3M19.7M73.0M51.1M53.6M
Other Liab282.5M293.0M282.7M260.2M299.2M156.8M
Other Assets158.7M942.3M104.4M26K1.00.95
Long Term Debt230.8M273.2M306.5M290.3M358.2M376.1M
Property Plant Equipment722.0M813.0M881.3M935.6M1.1B1.1B
Net Tangible Assets323.8M346.2M367.7M400.3M460.4M336.1M
Retained Earnings Total Equity108.7M128.8M145.8M167.3M192.4M202.0M
Long Term Debt Total230.8M273.2M306.5M290.3M333.8M171.0M
Deferred Long Term Liab112.5M123.3M104.3M92.9M106.8M84.1M
Non Current Liabilities Other288.2M298.1M287.1M263.9M122.9M190.5M
Short Long Term Debt27.2M9.3M19.7M73.0M50.5M33.0M
Net Invested Capital581.7M628.7M694.0M763.6M831.6M685.2M

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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 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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.