MGE Energy
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has MGE Energy's balance sheet done over the years? Its assets were worth $2,675,458,000 last year, which is more than in the previous period. 57% of MGE Energy’s total assets is currently financed by debt. Its liabilities reached the amount of $1,535,385,000, which means an increase by 7% compared compared to last year.
Debt to Assets
| 2014 | 1697666000 | 1.03B | 61.16% |
|---|---|---|---|
| 2015 | 1730673000 | 1.04B | 60.1% |
| 2016 | 1801060000 | 1.07B | 59.8% |
| 2017 | 1855182000 | 1.07B | 58.05% |
| 2018 | 1988618000 | 1.17B | 58.93% |
| 2019 | 2081664000 | 1.22B | 58.89% |
| 2020 | 2253651000 | 1.27B | 56.69% |
| 2021 | 2371906000 | 1.34B | 56.68% |
| 2022 | 2517600000 | 1.43B | 57.04% |
| 2023 | 2675458000 | 1.53B | 57.39% |
MGEE Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 11.14M | 11.60M | 17.43M | 44.73M | 23.48M | 83.10M | 107.95M | 95.95M | 81.38M | 65.75M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 95.53M | 109.91M | 97.11M | 76.19M | 74.32M | 78.09M | 83.13M | 78.26M | 69.59M | 80.48M |
Inventory | 72.64M | 74.27M | 51.96M | 47.26M | 45.28M | 41.99M | 43.79M | 41.13M | 48.41M | 46.25M |
Other current assets | 58.87M | 28.55M | 12.64M | 26.14M | 21.66M | 18.07M | 55.74M | 18.70M | 55.36M | 57.98M |
Total current assets | 238.19M | 243.48M | 199.37M | 209.51M | 181.64M | 240.56M | 290.63M | 275.51M | 254.75M | 253.95M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.13B | 1.97B | 1.87B | 1.76B | 1.64B | 1.50B | 1.34B | 1.28B | 1.24B | 1.20B |
Goodwill | 0 | -58.83M | 0 | 120.75M | 117.06M | 126.44M | 0 | 0 | 0 | 0 |
Intangible assets | 10.7M | 12.9M | 15.6M | 14.8M | 13.6M | 9.2M | 500K | 0 | 0 | 0 |
Long term investments | 112.82M | 105.88M | 98.75M | 94.67M | 88.49M | 78M | 67.77M | 76.29M | 73.63M | 71.76M |
Other non-current assets | 177.96M | 23.80M | 195.00M | 22.25M | 19.09M | 12.48M | 154.19M | 166.10M | 5.60M | 4.83M |
Total non-current assets | 2.43B | 2.27B | 2.17B | 2.04B | 1.90B | 1.74B | 1.56B | 1.52B | 1.47B | 1.44B |
Total assets | 2.67B | 2.51B | 2.37B | 2.25B | 2.08B | 1.98B | 1.85B | 1.80B | 1.73B | 1.69B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 252.19M | 23.33M | 21.17M | 19.99M | 20.42M | 17.84M | 17.38M | 16.28M | 16.32M |
Short term debt | 43.14M | 124.81M | 10.38M | 57.27M | 19.65M | 17.55M | 28.45M | 4.33M | 4.26M | 11.18M |
Total current liabilities | 157.15M | 225.06M | 117.84M | 190.92M | 128.82M | 120.62M | 126.51M | 103.50M | 84.14M | 89.99M |
| Non-current liabilities: | ||||||||||
Long term debt | 744.66M | 602.35M | 631.53M | 536.83M | 541.12M | 493.34M | 398.16M | 382.79M | 386.74M | 395.25M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 633.56M | 307.58M | 319.07M | 296.59M | 311.98M | 68.13M | 552.32M | 66.42M | 565.05M | 553.01M |
Total non-current liabilities | 1.37B | 1.21B | 1.22B | 1.08B | 1.09B | 1.05B | 950.48M | 973.46M | 956.06M | 948.26M |
Total liabilities | 1.53B | 1.43B | 1.34B | 1.27B | 1.22B | 1.17B | 1.07B | 1.07B | 1.04B | 1.03B |
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