msexp: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, MSEXP has $1,341,959K in assets. $3,384K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30
Water production	325,756
Transmission and distribution	918,455
General	108,142
Construction work in progress	37,444
Total	1,389,797
Less accumulated depreciation	270,445
Utility plant - net	1,119,352
Cash and cash equivalents	3,384
Accounts receivable, net of allowance for uncollectible accounts of 2,055and 2,326, respectively	22,738
Unbilled revenues	10,987
Materials and supplies (at average cost)	7,309
Prepayments	5,184
Total current assets	49,602
Operating lease right of use asset	2,117
Restricted cash	1,675
Regulatory assets	109,951
Non-utility assets - net	12,195
Employee benefit plans	40,468
Other	6,599
Total other assets	173,005
Total assets	1,341,959

Common stock, no par value, authorized 40,000, issued 18,338 and 17,887 in 2025 and 2024, respectively	269,636
Retained earnings	212,910
Total common equity	482,546
Preferred stock, no par value authorized 120 issued 13	1,352
Long-term debt	350,151
Total capitalization	834,049
Current portion of long-term debt	7,645
Notes payable	55,000
Accounts payable	28,143
Accrued taxes	15,540
Accrued interest	2,554
Unearned revenues and advanced service fees	1,497
Other	7,902
Total current liabilities	118,281
Advances for construction	24,116
Lease obligations	1,959
Accumulated deferred income taxes	110,627
Regulatory liabilities	63,063
Other	261
Total other liabilities	200,026
Contributions in aid of construction	189,603
Total capitalization and liabilities	1,341,959