Company / Working Capital
Middlesex Water Company Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$52.0M
FY2025
5-year range
-$80.6M / $4.7M
FY2021-FY2025
Trend
-30.3%
vs FY2024
Sector context
#22 of 73
Utilities
What the data says
At -$52M, Middlesex Water Company's working capital ranks #22 of 73 in the Utilities sector. Working Capital has fluctuated over the past 10 years, ranging from -$81M in FY2022 to $5M in FY2023.
Based on SEC 10-K filings.
-$52M in FY2025.
Declined from $5M to -$52M over the past 2 years.
Utilities sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#22 of 73 in UtilitiesTop 30% of 73This company -$52.0M Sector average -$608.9M
▼
+91.5% above sector average
Key checks
Key Insights
- In FY2025, working capital decreased 30.3% year-over-year.
- Ranks #22 out of 73 companies in the Utilities sector.
- Peak working capital was recorded in FY2023.
- Lowest working capital in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.61 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$52.0M | -30.3% |
| FY2024 | -$39.9M | -948.0% |
| FY2023 | $4.7M | +105.8% |
| FY2022 | -$80.6M | -261.8% |
| FY2021 | -$22.3M | +2.0% |
| FY2020 | -$22.7M | +36.6% |
| FY2019 | -$35.8M | +43.6% |
| FY2018 | -$63.5M | -80.1% |
| FY2017 | -$35.3M | -73.5% |
| FY2016 | -$20.3M | -420.3% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026