Middlesex Water Co financial data

Symbol
MSEX on Nasdaq, MSEXP on OTC
Industry
Water Supply
Location
485 C Route 1 South, Suite 400, Iselin, NJ
State of incorporation
New Jersey
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Jul 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 99.8 % +148%
Return On Assets 2.96 % -13.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 17.8M shares +0.46%
Common Stock, Shares, Outstanding 17.8M shares
Entity Public Float 1.4B USD -7.27%
Common Stock, Value, Issued 247M USD +3.12%
Weighted Average Number of Shares Outstanding, Basic 17.8M shares +0.66%
Weighted Average Number of Shares Outstanding, Diluted 17.9M shares +0.65%

Income Statement

Label TTM Value / Value Unit Change %
Operating Income (Loss) 46.2M USD +7.84%
Nonoperating Income (Expense) 10.7M USD +35.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 42.3M USD +6.41%
Income Tax Expense (Benefit) 5.31M USD +111%
Net Income (Loss) Attributable to Parent 37M USD -0.66%
Earnings Per Share, Basic 2.07 USD/shares -1.43%
Earnings Per Share, Diluted 2.06 USD/shares -1.44%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.03M USD +83.3%
Accounts Receivable, after Allowance for Credit Loss, Current 20.2M USD +32.5%
Assets, Current 121M USD +198%
Operating Lease, Right-of-Use Asset 2.87M USD -17.9%
Other Assets, Noncurrent 51K USD +143%
Assets 1.27B USD +13%
Accounts Payable, Current 25.2M USD -10.8%
Employee-related Liabilities, Current 7.1M USD -3.79%
Accrued Liabilities, Current 3.25M USD
Contract with Customer, Liability, Current 1.69M USD
Liabilities, Current 135M USD +54.2%
Deferred Income Tax Liabilities, Net 91.8M USD +7.75%
Operating Lease, Liability, Noncurrent 2.7M USD
Other Liabilities, Noncurrent 420K USD -44.6%
Retained Earnings (Accumulated Deficit) 186M USD +8.1%
Stockholders' Equity Attributable to Parent 433M USD +5.2%
Liabilities and Equity 1.27B USD +13%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 6.65M USD -58.3%
Net Cash Provided by (Used in) Financing Activities 8.2M USD -14.4%
Net Cash Provided by (Used in) Investing Activities -14.4M USD +41.3%
Common Stock, Shares Authorized 40M shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.03M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 8.03M USD +83.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 3.94M USD +40.2%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.06 pure
Operating Lease, Liability 3.3M USD
Depreciation 24.7M USD +3.42%
Payments to Acquire Property, Plant, and Equipment 14.4M USD -41.3%
Lessee, Operating Lease, Liability, to be Paid 4.8M USD -14.3%
Operating Lease, Liability, Current 600K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 900K USD +12.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 800K USD +100%
Deferred Income Tax Expense (Benefit) 1.38M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.5M USD -6.25%
Lessee, Operating Lease, Liability, to be Paid, Year Three 900K USD +12.5%
Preferred Stock, Shares Authorized 120K shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 900K USD 0%
Preferred Stock, Shares Outstanding 20K shares 0%
Depreciation, Depletion and Amortization 5.98M USD -17%
Interest Expense 14.6M USD +32.9%