Middlesex Water Company (MSEX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Middlesex Water Company (MSEX) has a cash flow conversion efficiency ratio of 0.025x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($12.05 Million) by net assets ($482.55 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Middlesex Water Company balance sheet independence to measure how much of total assets are equity-financed.
Middlesex Water Company - Cash Flow Conversion Efficiency Trend (1994–2024)
This chart illustrates how Middlesex Water Company's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check MSEX cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Middlesex Water Company Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Middlesex Water Company ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Guangxi Guidong Eletric Power Co Ltd
SHG:600310
|
0.050x |
|
Sichuan Crun Co Ltd
SHE:002272
|
-0.006x |
|
Chengdu Hongqi Chain Co Ltd
SHE:002697
|
0.094x |
|
Genus Power Infrastructures Limited
NSE:GENUSPOWER
|
-0.083x |
|
Supalai Public Company Limited
BK:SPALI
|
0.027x |
|
Hangzhou Weiguang Electronic Co Ltd
SHE:002801
|
0.045x |
|
Edgewell Personal Care Co
NYSE:EPC
|
0.037x |
|
SDIC Zhonglu Fruit Juice Co Ltd
SHG:600962
|
-0.570x |
Annual Cash Flow Conversion Efficiency for Middlesex Water Company (1994–2024)
The table below shows the annual cash flow conversion efficiency of Middlesex Water Company from 1994 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Middlesex Water Company.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $446.90 Million | $58.73 Million | 0.131x | +5.84% |
| 2023-12-31 | $425.07 Million | $52.78 Million | 0.124x | -18.57% |
| 2022-12-31 | $402.41 Million | $61.36 Million | 0.152x | +70.73% |
| 2021-12-31 | $369.81 Million | $33.03 Million | 0.089x | -41.70% |
| 2020-12-31 | $348.29 Million | $53.35 Million | 0.153x | +38.47% |
| 2019-12-31 | $325.88 Million | $36.05 Million | 0.111x | -39.40% |
| 2018-12-31 | $251.22 Million | $45.86 Million | 0.183x | -1.31% |
| 2017-12-31 | $231.61 Million | $42.84 Million | 0.185x | -13.20% |
| 2016-12-31 | $220.87 Million | $47.07 Million | 0.213x | -12.97% |
| 2015-12-31 | $209.13 Million | $51.21 Million | 0.245x | +50.16% |
| 2014-12-31 | $199.73 Million | $32.57 Million | 0.163x | -7.56% |
| 2013-12-31 | $191.63 Million | $33.80 Million | 0.176x | +10.35% |
| 2012-12-31 | $184.99 Million | $29.57 Million | 0.160x | +26.24% |
| 2011-12-31 | $180.33 Million | $22.84 Million | 0.127x | -12.50% |
| 2010-12-31 | $176.64 Million | $25.57 Million | 0.145x | +11.84% |
| 2009-12-31 | $143.00 Million | $18.51 Million | 0.129x | -4.43% |
| 2008-12-31 | $141.18 Million | $19.12 Million | 0.135x | -1.32% |
| 2007-12-31 | $137.14 Million | $18.82 Million | 0.137x | +14.99% |
| 2006-12-31 | $133.30 Million | $15.91 Million | 0.119x | -8.45% |
| 2005-12-31 | $103.55 Million | $13.50 Million | 0.130x | -16.90% |
| 2004-12-31 | $99.19 Million | $15.56 Million | 0.157x | -7.85% |
| 2003-12-31 | $83.71 Million | $14.25 Million | 0.170x | +23.57% |
| 2002-12-31 | $80.56 Million | $11.10 Million | 0.138x | -14.72% |
| 2001-12-31 | $76.35 Million | $12.33 Million | 0.162x | +20.71% |
| 2000-12-31 | $74.70 Million | $10.00 Million | 0.134x | -0.18% |
| 1999-12-31 | $74.60 Million | $10.00 Million | 0.134x | -7.58% |
| 1998-12-31 | $71.70 Million | $10.40 Million | 0.145x | -35.30% |
| 1997-12-31 | $56.20 Million | $12.60 Million | 0.224x | +12.97% |
| 1996-12-31 | $51.90 Million | $10.30 Million | 0.198x | +12.16% |
| 1995-12-31 | $50.30 Million | $8.90 Million | 0.177x | -4.09% |
| 1994-12-31 | $47.70 Million | $8.80 Million | 0.184x | -- |
About Middlesex Water Company
Middlesex Water Company owns and operates regulated water utility and wastewater systems in the United States. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers; and provides regulated wastewater system in New Jersey, Pinelands… Read more