MyFinsight

HomeBlogAbout

MyFinsight

Making company financials insightful for everyone

  • About
  • Blog
  • Privacy Policy
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2026 MyFinsight. All rights reserved.

|||

Balance Sheets Overview

Current Ratio
49.69%
Quick Ratio
49.69%
Cash Ratio
1.72%
Unit: Thousand (K) dollars
Assets Breakdown
    • Utility plant - net
    • Total other assets
    • Total current assets
Liabilities Breakdown
    • Total capitalization
    • Total other liabilities
    • Contributions in aid of construc...
    • Total current liabilities
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Water production
336,222
333,738
328,496
325,756
Transmission and distribution
973,482
954,107
938,118
918,455
General
107,645
107,783
111,325
108,142
Construction work in progress
60,369
49,593
44,400
37,444
Total
1,477,718
1,445,221
1,422,339
1,389,797
Less accumulated depreciation
280,774
276,456
275,132
270,445
Utility plant - net
1,196,944
1,168,765
1,147,207
1,119,352
Cash and cash equivalents
1,801
2,040
2,800
3,384
Accounts receivable, net of allowance for uncollectible accounts of 3,074 and 1,625, respectively
20,957
18,690
19,213
22,738
Unbilled revenues
12,332
10,347
9,361
10,987
Materials and supplies (at average cost)
8,979
8,095
7,549
7,309
Prepayments
5,812
5,986
2,843
5,184
Regulatory assets
2,142
1,669
-
-
Total current assets
52,023
46,827
41,766
49,602
Operating lease right of use asset
1,689
1,830
1,972
2,117
Restricted cash
1,675
1,675
1,675
1,675
Regulatory assets
106,119
103,001
110,284
109,951
Non-utility assets - net
12,353
12,454
12,354
12,195
Employee benefit plans
46,230
45,041
44,328
40,468
Other
6,449
6,445
6,151
6,599
Total other assets
174,515
170,446
176,764
173,005
Total assets
1,423,482
1,386,038
1,365,737
1,341,959
Common stock, no par value, authorized 40,000, issued 18,577 and 18,521 in 2026 and 2025, respectively
294,243
282,243
279,148
269,636
Retained earnings
226,849
218,803
214,883
212,910
Total common equity
521,092
501,046
494,031
482,546
Preferred stock, no par value authorized 120 issued 13
1,343
1,343
1,343
1,352
Long-term debt
395,598
371,676
378,874
350,151
Total capitalization
918,033
874,065
874,248
834,049
Current portion of long-term debt
7,651
7,666
7,850
7,645
Notes payable
34,000
47,000
28,250
55,000
Accounts payable
31,024
29,496
31,326
28,143
Accrued taxes
18,972
22,116
15,992
15,540
Accrued interest
3,390
3,291
3,311
2,554
Regulatory liabilities
2,318
3,142
-
-
Unearned revenues and advanced service fees
450
467
497
1,497
Other
6,891
6,477
6,569
7,902
Total current liabilities
104,696
119,655
93,795
118,281
Advances for construction
26,870
25,963
25,519
24,116
Lease obligations
1,496
1,653
1,838
1,959
Accumulated deferred income taxes
113,837
111,152
110,475
110,627
Regulatory liabilities
63,718
61,365
68,437
63,063
Other
172
195
229
261
Total other liabilities
206,093
200,328
206,498
200,026
Contributions in aid of construction
194,660
191,990
191,196
189,603
Total capitalization and liabilities
1,423,482
1,386,038
1,365,737
1,341,959
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Transmission anddistribution$973,482K (9.33%↑ Y/Y)Water production$336,222K (3.87%↑ Y/Y)General$107,645K (0.65%↑ Y/Y)Construction work in progress$60,369K (38.41%↑ Y/Y)Total$1,477,718K (8.28%↑ Y/Y)Regulatory assets$106,119K (0.64%↑ Y/Y)Employee benefit plans$46,230K (17.71%↑ Y/Y)Non-utility assets - net$12,353K (2.42%↑ Y/Y)Other$6,449K (17.79%↑ Y/Y)Operating lease right ofuse asset$1,689K (-25.53%↓ Y/Y)Restricted cash$1,675K (0.00%↑ Y/Y)Accounts receivable, netof allowance for...$20,957K (0.33%↑ Y/Y)Unbilled revenues$12,332K (-5.87%↓ Y/Y)Materials and supplies (ataverage cost)$8,979K (29.70%↑ Y/Y)Prepayments$5,812K (-3.74%↓ Y/Y)Regulatory assets$2,142K (-97.97%↓ Y/Y)Cash and cashequivalents$1,801K (-29.65%↓ Y/Y)Utility plant - net$1,196,944K (8.80%↑ Y/Y)Total other assets$174,515K (5.00%↑ Y/Y)Total current assets$52,023K (5.08%↑ Y/Y)Less accumulateddepreciation$280,774K (6.14%↑ Y/Y)Total assets$1,423,482K (8.18%↑ Y/Y)Total capitalizationand liabilities$1,423,482K (8.18%↑ Y/Y)Total capitalization$918,033K (13.31%↑ Y/Y)Total otherliabilities$206,093K (4.61%↑ Y/Y)Contributions in aid ofconstruction$194,660K (3.99%↑ Y/Y)Total currentliabilities$104,696K (-13.82%↓ Y/Y)Total common equity$521,092K (13.83%↑ Y/Y)Long-term debt$395,598K (12.68%↑ Y/Y)Preferred stock, no parvalue authorized 120...$1,343K (-0.67%↓ Y/Y)Accumulated deferred incometaxes$113,837K (6.07%↑ Y/Y)Regulatory liabilities$63,718K (-0.18%↓ Y/Y)Advances forconstruction$26,870K Lease obligations$1,496K (-29.30%↓ Y/Y)Other$172K (-39.86%↓ Y/Y)Notes payable$34,000K Accounts payable$31,024K (0.80%↑ Y/Y)Accrued taxes$18,972K (23.43%↑ Y/Y)Current portion oflong-term debt$7,651K (-97.86%↓ Y/Y)Other$6,891K (-9.19%↓ Y/Y)Accrued interest$3,390K (10.42%↑ Y/Y)Regulatory liabilities$2,318K (-96.37%↓ Y/Y)Unearned revenues andadvanced service fees$450K (-75.56%↓ Y/Y)Common stock, no parvalue, authorized...$294,243K (16.45%↑ Y/Y)Retained earnings$226,849K (10.61%↑ Y/Y)

MIDDLESEX WATER CO (MSEX)

MIDDLESEX WATER CO (MSEX)