MGE Energy Inc Asset Resilience Ratio
MGE Energy Inc asset resilience ratio. MGE Energy Inc (MGEE) has an Asset Resilience Ratio of -4.29% as of October 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See MGEE defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of MGE Energy Inc (2002–2020)
Asset resilience ratio of MGE Energy Inc from 2002 to 2020. This chart shows how MGE Energy Inc's Asset Resilience Ratio has changed over time. Read MGEE total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down MGE Energy Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see MGE Energy Inc assets under control.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $-111.17 Million | -4.29% |
| Total Liquid Assets | $-111.17 Million | -4.29% |
Asset Resilience Insights
- Limited Liquidity: MGE Energy Inc maintains only -4.29% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
MGE Energy Inc Industry Peers by Asset Resilience Ratio
Compare MGE Energy Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Yunnan Wenshan Electric Power Co Ltd
SHG:600995 |
Utilities - Regulated Electric | 0.99% |
|
CHN Energy Changyuan Electric Power Co Ltd
SHE:000966 |
Utilities - Regulated Electric | -0.52% |
|
Central Puerto S.A.
BA:CEPU |
Utilities - Regulated Electric | 5.23% |
|
Transmissora Aliança de Energia Elétrica S.A
SA:TAEE3 |
Utilities - Regulated Electric | 4.91% |
|
Companhiade Eletricidade do Estado da Bahia - COELBA
SA:CEEB3 |
Utilities - Regulated Electric | 0.66% |
|
Jiangxi Ganneng Co Ltd
SHE:000899 |
Utilities - Regulated Electric | 1.39% |
|
Compania General de Electricidad SA
SN:CGE |
Utilities - Regulated Electric | 0.54% |
|
Dala Energi AB
ST:DE |
Utilities - Regulated Electric | 23.97% |
MGE Energy Inc Asset Resilience Ratio by Year (2002–2020)
MGE Energy Inc asset resilience ratio by year from 2002 to 2020. The table below shows the annual Asset Resilience Ratio data for MGE Energy Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-10-31 | 4.20% | $94.68 Million | $2.25 Billion | -- |
| 2017-10-31 | 0.00% | $0.00 | $1.86 Billion | -- |
| 2016-10-31 | 0.00% | $0.00 | $1.80 Billion | -- |
| 2015-10-31 | 0.00% | $0.00 | $1.73 Billion | -- |
| 2014-10-31 | 0.00% | $0.00 | $1.70 Billion | -- |
| 2013-10-31 | 0.00% | $0.00 | $1.58 Billion | -- |
| 2012-10-31 | 0.11% | $1.82 Million | $1.59 Billion | -0.06pp |
| 2011-10-31 | 0.17% | $2.48 Million | $1.46 Billion | +0.24pp |
| 2010-12-31 | -0.07% | $-898.00K | $1.32 Billion | 0.00pp |
| 2010-10-31 | -0.07% | $-898.00K | $1.32 Billion | -0.34pp |
| 2009-10-31 | 0.27% | $3.50 Million | $1.28 Billion | -0.11pp |
| 2008-10-31 | 0.38% | $4.80 Million | $1.27 Billion | +0.12pp |
| 2007-10-31 | 0.26% | $2.90 Million | $1.11 Billion | -0.17pp |
| 2006-10-31 | 0.43% | $4.24 Million | $982.23 Million | +0.15pp |
| 2005-10-31 | 0.28% | $2.56 Million | $916.91 Million | +0.17pp |
| 2004-10-31 | 0.11% | $876.00K | $827.37 Million | -0.36pp |
| 2003-10-31 | 0.47% | $3.36 Million | $721.69 Million | -0.73pp |
| 2002-12-31 | 1.20% | $7.55 Million | $628.89 Million | 0.00pp |
| 2002-10-31 | 1.20% | $7.55 Million | $628.89 Million | -- |
About MGE Energy Inc
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company in the United States. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments. The company generates, purchases, and distributes electricity; purchases and distributes natural gas; owns and le… Read more