Middlesex Water Company
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Middlesex Water Company's balance sheet done over the years? Its assets were worth $1,236,052,000 last year, which is more than in the previous period. 66% of Middlesex Water Company’s total assets is currently financed by debt. Its liabilities reached the amount of $810,977,000, which means an increase by 21% compared compared to last year.
Debt to Assets
| 2014 | 575772000 | 376.04M | 65.31% |
|---|---|---|---|
| 2015 | 584722000 | 375.59M | 64.23% |
| 2016 | 620161000 | 399.28M | 64.38% |
| 2017 | 661140000 | 429.53M | 64.97% |
| 2018 | 767830000 | 516.61M | 67.28% |
| 2019 | 909878000 | 584.00M | 64.18% |
| 2020 | 976470000 | 628.17M | 64.33% |
| 2021 | 1020015000 | 650.20M | 63.74% |
| 2022 | 1074450000 | 672.03M | 62.55% |
| 2023 | 1236052000 | 810.97M | 65.61% |
MSEX Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 2.39M | 3.82M | 3.53M | 4.49M | 2.23M | 3.70M | 4.93M | 3.87M | 3.46M | 2.67M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 97.34M | 24.67M | 22.58M | 21.63M | 19.09M | 19.05M | 17.78M | 16.71M | 16.30M | 15.94M |
Inventory | 6.97M | 6.17M | 5.35M | 5.11M | 5.44M | 5.41M | 4.11M | 4.09M | 2.6M | 2.25M |
Other current assets | 1.83M | 2.62M | 2.88M | 2.88M | 2.36M | 2.64M | 2.40M | 2.02M | 2.03M | 1.98M |
Total current assets | 108.53M | 37.30M | 34.35M | 34.12M | 29.13M | 30.81M | 29.24M | 26.71M | 24.41M | 22.86M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.01B | 924.35M | 869.87M | 801.80M | 711.67M | 618.48M | 557.24M | 517.77M | 481.87M | 465.40M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 5.91M | 44.26M | 1.95M | 1.46M | 1.77M | 3.36M | 0 |
Other non-current assets | 114.46M | 34.98M | 46.28M | 79.24M | 114.66M | 71.25M | 31.49M | 1.81M | 10.74M | 40.19M |
Total non-current assets | 1.12B | 1.03B | 985.66M | 942.34M | 880.74M | 737.01M | 631.89M | 593.44M | 560.31M | 552.90M |
Total assets | 1.23B | 1.07B | 1.02B | 976.47M | 909.87M | 767.83M | 661.14M | 620.16M | 584.72M | 575.77M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 1.39M | 1.36M | 1.33M | 1.25M | 1.21M | 1.03M | 951K | 923K | 880K | 839K |
Short term debt | 51.09M | 72.96M | 19.73M | 9.25M | 27.17M | 55.84M | 34.86M | 18.15M | 8.73M | 24.91M |
Total current liabilities | 103.82M | 117.85M | 56.61M | 56.84M | 64.98M | 94.36M | 64.53M | 47.05M | 28.31M | 43.87M |
| Non-current liabilities: | ||||||||||
Long term debt | 361.21M | 293.98M | 310.88M | 278.28M | 236.50M | 152.85M | 139.04M | 134.53M | 136.24M | 136.03M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 235.88M | 161.02M | 189.67M | 208.34M | 204.19M | 199.55M | 161.36M | 124.02M | 122.03M | 147.91M |
Total non-current liabilities | 707.14M | 554.17M | 593.58M | 571.33M | 519.02M | 422.24M | 364.99M | 352.23M | 347.27M | 332.17M |
Total liabilities | 810.97M | 672.03M | 650.20M | 628.17M | 584.00M | 516.61M | 429.53M | 399.28M | 375.59M | 376.04M |
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