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Cash Flow Overview

Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Proceeds from issuance of long-t...
    • Proceeds from issuance of common...
    • Depreciation and amortization
    • Others
Negative Cash Flow Breakdown
    • Utility plant expenditures, incl...
    • Net short-term bank borrowings
    • Payment of common dividends
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
14,772
10,605
8,605
13,959
Depreciation and amortization
6,929
8,187
8,507
8,531
Provision for deferred income taxes and investment tax credits
-1,474
-2,072
-873
-1,277
Equity portion of allowance for funds used during construction (afudc)
434
384
242
267
Cash surrender value of life insurance
-83
-80
162
-15
Stock compensation expense
766
401
118
161
Accounts receivable
2,267
-523
-3,525
1,850
Unbilled revenues
1,985
986
-1,626
223
Materials & supplies
884
546
240
386
Prepayments
-174
3,143
-2,341
-854
Accounts payable
2,804
-2,132
-1,004
-6,026
Accrued taxes
-3,144
6,124
452
169
Accrued interest
99
-20
757
-516
Employee benefit plans
-1,438
-1,199
-1,356
-1,325
Unearned revenue & advanced service fees
-
-30
-1,344
-
Recovered costs-environmental litigation settlement
-
-
-
0
Recovered costs litigation settlement
-
-
0
-
Other assets and liabilities
-2,369
3,677
2,613
1,743
Net cash provided by operating activities
16,400
11,731
18,462
12,048
Utility plant expenditures, including afudc of 516 in 2026 and 318 in 2025
32,827
20,641
24,712
71,642
Acquisition of water systems
150
-
0
4,607
Net cash used in investing activities
-32,977
-20,641
-24,712
-21,007
Redemption of long-term debt
1,044
8,904
987
3,623
Proceeds from issuance of long-term debt
25,000
1,496
30,012
2,717
Net short-term bank borrowings
-13,000
18,750
-26,750
-200
Proceeds from litigation settlement, net
-
-
0
0
Deferred debt issuance expense
60
-
106
36
Payment of grantee withholding taxes in exchange for restricted stock
154
125
-8
379
Proceeds from issuance of common stock
11,606
2,819
9,173
17,227
Common stock issuance expense
218
-
-204
440
Payment of common dividends
6,710
6,667
6,617
6,125
Payment of preferred dividends
17
18
17
18
Construction advances and contributions-net
935
799
746
281
Net cash provided by financing activities
16,338
8,150
5,666
9,783
Net changes in cash, cash equivalents and restricted cash
-239
-760
-584
824
Cash, cash equivalents and restricted cash at beginning of period
3,715
4,475
5,059
4,226
Cash, cash equivalents and restricted cash at end of period
3,476
3,715
4,475
5,059
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.

Cash Flow

Net income$14,772K (-27.08%↓ Y/Y)Depreciation andamortization$6,929K (-55.17%↓ Y/Y)Proceeds from issuance oflong-term debt$25,000K (2721.67%↑ Y/Y)Accounts payable$2,804K (-66.32%↓ Y/Y)Other assets andliabilities-$2,369K (-206.52%↓ Y/Y)Stock compensationexpense$766K (-20.04%↓ Y/Y)Prepayments-$174K (-104.81%↓ Y/Y)Accrued interest$99K (-35.71%↓ Y/Y)Cash surrender valueof life insurance-$83K (-155.70%↓ Y/Y)Proceeds from issuance ofcommon stock$11,606K (186.29%↑ Y/Y)Construction advances andcontributions-net$935K (-47.03%↓ Y/Y)Net cash provided byoperating activities$16,400K (-48.89%↓ Y/Y)Net cash provided byfinancing activities$16,338K (-29.47%↓ Y/Y)Canceled cashflow$11,626K Canceled cashflow$21,203K Net changes in cash,cash equivalents and...-$239K (-2755.56%↓ Y/Y)Canceled cashflow$32,738K Accrued taxes-$3,144K (-192.61%↓ Y/Y)Accounts receivable$2,267K (10.80%↑ Y/Y)Unbilled revenues$1,985K (-15.06%↓ Y/Y)Provision for deferredincome taxes and...-$1,474K (52.20%↑ Y/Y)Employee benefit plans-$1,438K (46.72%↑ Y/Y)Materials & supplies$884K (333.33%↑ Y/Y)Equity portion ofallowance for funds used...$434K (-7.26%↓ Y/Y)Net short-term bankborrowings-$13,000K (-140.37%↓ Y/Y)Payment of commondividends$6,710K (-44.92%↓ Y/Y)Redemption of long-termdebt$1,044K (-61.43%↓ Y/Y)Common stock issuanceexpense$218K (-49.42%↓ Y/Y)Payment of granteewithholding taxes in...$154K (-59.37%↓ Y/Y)Deferred debt issuanceexpense$60K Payment of preferreddividends$17K (-58.54%↓ Y/Y)Net cash used ininvesting activities-$32,977K (40.30%↑ Y/Y)Utility plantexpenditures, including afudc...$32,827K Acquisition of water systems$150K (-96.74%↓ Y/Y)

MIDDLESEX WATER CO (MSEX)

MIDDLESEX WATER CO (MSEX)