Middlesex Water Company Balance Sheet
MSEX / Utilities|15 years of annual SEC 10-K data (FY2011-FY2025)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 15 fiscal years. All figures from audited SEC 10-K filings.
Middlesex Water Company had $1.4B in total assets and $494M in shareholders' equity as of FY2025. Total debt was $379M against $3M in cash, resulting in $376M net debt.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.61 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.8M | $4.2M | $2.4M | $3.8M | $3.5M | $4.5M | $2.2M | $3.7M | $4.9M | $3.9M | $3.5M | $2.7M | $4.8M | $3.0M | $3.1M |
| Accounts Receivable | $19.2M | $18.8M | $18.2M | $16.0M | $15.3M | $14.6M | $11.9M | $11.8M | $10.8M | $10.1M | $10.1M | $10.0M | $11.6M | $12.4M | $11.3M |
| Current Assets | $41.8M | $43.0M | $108.5M | $37.3M | $34.4M | $34.1M | $29.1M | $30.8M | $29.2M | $26.7M | $24.4M | $22.9M | $25.8M | $24.6M | $22.9M |
| Total Assets | $1.4B | $1.3B | $1.2B | $1.1B | $1.0B | $976.5M | $909.9M | $767.8M | $661.1M | $620.2M | $581.4M | $575.8M | $530.3M | $561.7M | $537.5M |
| Current Liabilities | $93.8M | $82.9M | $103.8M | $117.9M | $56.6M | $56.8M | $65.0M | $94.4M | $64.5M | $47.1M | $28.3M | $43.9M | $52.7M | $55.9M | $46.7M |
| Total Debt | $378.9M | $352.8M | $358.2M | $306.4M | $311.1M | $277.2M | $234.4M | $162.9M | $147.9M | $142.5M | $140.3M | $140.0M | $133.1M | $140.4M | $132.2M |
| Shareholders' Equity | $494.0M | $445.3M | $423.0M | $400.3M | $367.7M | $346.2M | - | - | - | - | - | - | $321.4M | $316.5M | $312.5M |