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
NJ
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Oct 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 90.1 % +50.5%
Return On Assets 3.31 % +14.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 17.9M shares +0.27%
Common Stock, Shares, Outstanding 17.9M shares
Entity Public Float 1.4B USD -7.27%
Common Stock, Value, Issued 248M USD +1.78%
Weighted Average Number of Shares Outstanding, Basic 17.8M shares +0.45%
Weighted Average Number of Shares Outstanding, Diluted 18M shares +0.44%

Income Statement

Label TTM Value / Value Unit Change %
Operating Income (Loss) 50.9M USD +30.1%
Nonoperating Income (Expense) 11.2M USD +54.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 47.6M USD +39.1%
Income Tax Expense (Benefit) 6.3M USD +388%
Net Income (Loss) Attributable to Parent 41.3M USD +25.5%
Earnings Per Share, Basic 2.31 USD/shares +24.9%
Earnings Per Share, Diluted 2.3 USD/shares +25%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.34M USD +114%
Accounts Receivable, after Allowance for Credit Loss, Current 22.7M USD +19.6%
Assets, Current 52.1M USD -61.6%
Operating Lease, Right-of-Use Asset 2.72M USD -18.6%
Other Assets, Noncurrent 51K USD +143%
Assets 1.23B USD -1.11%
Accounts Payable, Current 32.4M USD +13.1%
Employee-related Liabilities, Current 7.1M USD -3.79%
Accrued Liabilities, Current 2.4M USD
Contract with Customer, Liability, Current 1.56M USD
Liabilities, Current 79.9M USD -34.1%
Deferred Income Tax Liabilities, Net 95.4M USD +8.72%
Operating Lease, Liability, Noncurrent 2.6M USD -18.8%
Other Liabilities, Noncurrent 437K USD -35.8%
Retained Earnings (Accumulated Deficit) 194M USD +10.2%
Stockholders' Equity Attributable to Parent 442M USD +5.33%
Liabilities and Equity 1.23B USD -1.11%

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 6.34M USD +114%
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 3.2M USD -15.8%
Depreciation 24.7M USD +0.77%
Payments to Acquire Property, Plant, and Equipment 14.4M USD -41.3%
Lessee, Operating Lease, Liability, to be Paid 4.6M USD -14.8%
Operating Lease, Liability, Current 600K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two 900K USD +12.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 800K USD 0%
Deferred Income Tax Expense (Benefit) 1.38M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.4M USD -12.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 900K USD 0%
Preferred Stock, Shares Authorized 120K shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 900K USD 0%
Preferred Stock, Shares Outstanding 19K shares -5%
Depreciation, Depletion and Amortization 5.98M USD -17%
Interest Expense 14.5M USD +19.3%