MGE Energy Inc (MGEE) — Cash Flow-to-Debt Ratio
Latest as of June 2026:
0.08x
MGE Energy Inc (MGEE) has a Cash Flow-to-Debt Ratio of 0.08x as of June 2026, meaning its operating cash flow of $148.83 Million could theoretically repay 0% of its total liabilities ($1.83 Billion) in one year. See financial flexibility index of MGE Energy Inc to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
0.08x
Operating CF / Total Liabilities
Operating Cash Flow
$148.83 Million
USD
Total Liabilities
$1.83 Billion
USD
Data as of
Jun 2026
Most recent filing
MGE Energy Inc Cash Flow-to-Debt Ratio (1994–2025)
Historical debt coverage capacity for MGE Energy Inc across 62 annual periods. For the full cash flow conversion analysis, see MGE Energy Inc cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for MGE Energy Inc (1994–2025)
Year-by-year debt coverage analysis for MGE Energy Inc. Check MGEE cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.14x | $263.23 Million | $1.85 Billion | ▼ -18.2% |
| 2024 | 0.17x | $277.78 Million | $1.60 Billion | ▲ +12.4% |
| 2023 | 0.15x | $237.56 Million | $1.54 Billion | ▲ +0.0% |
| 2023 | 0.15x | $237.56 Million | $1.54 Billion | ▲ +44.5% |
| 2022 | 0.11x | $153.74 Million | $1.44 Billion | ▲ +0.0% |
| 2022 | 0.11x | $153.74 Million | $1.44 Billion | ▲ +4.7% |
| 2021 | 0.10x | $137.53 Million | $1.34 Billion | ▲ +0.0% |
| 2021 | 0.10x | $137.53 Million | $1.34 Billion | ▼ -24.2% |
| 2020 | 0.13x | $172.44 Million | $1.28 Billion | ▲ +0.0% |
| 2020 | 0.13x | $172.44 Million | $1.28 Billion | ▲ +26.8% |
| 2019 | 0.11x | $130.47 Million | $1.23 Billion | ▲ +0.0% |
| 2019 | 0.11x | $130.47 Million | $1.23 Billion | ▼ -18.5% |
| 2018 | 0.13x | $153.04 Million | $1.17 Billion | ▲ +0.0% |
| 2018 | 0.13x | $153.04 Million | $1.17 Billion | ▲ +5.7% |
| 2017 | 0.12x | $132.99 Million | $1.08 Billion | ▲ +0.0% |
| 2017 | 0.12x | $132.99 Million | $1.08 Billion | ▼ -9.8% |
| 2016 | 0.14x | $147.51 Million | $1.08 Billion | ▲ +0.0% |
| 2016 | 0.14x | $147.51 Million | $1.08 Billion | ▲ +0.9% |
| 2015 | 0.14x | $141.19 Million | $1.04 Billion | ▲ +0.0% |
| 2015 | 0.14x | $141.19 Million | $1.04 Billion | ▲ +9.4% |
| 2014 | 0.12x | $128.76 Million | $1.04 Billion | ▲ +0.0% |
| 2014 | 0.12x | $128.76 Million | $1.04 Billion | ▼ -15.0% |
| 2013 | 0.15x | $140.27 Million | $961.55 Million | ▲ +0.0% |
| 2013 | 0.15x | $140.27 Million | $961.55 Million | ▲ +0.7% |
| 2012 | 0.14x | $146.00 Million | $1.01 Billion | ▲ +0.0% |
| 2012 | 0.14x | $146.00 Million | $1.01 Billion | ▲ +0.6% |
| 2011 | 0.14x | $130.77 Million | $907.93 Million | ▲ +0.0% |
| 2011 | 0.14x | $130.77 Million | $907.93 Million | ▼ -7.9% |
| 2010 | 0.16x | $124.03 Million | $792.81 Million | ▲ +0.0% |
| 2010 | 0.16x | $124.03 Million | $792.81 Million | ▲ +3.5% |
| 2009 | 0.15x | $117.91 Million | $780.09 Million | ▲ +0.0% |
| 2009 | 0.15x | $117.91 Million | $780.09 Million | ▲ +59.8% |
| 2008 | 0.09x | $74.71 Million | $790.07 Million | ▲ +0.0% |
| 2008 | 0.09x | $74.71 Million | $790.07 Million | ▼ -15.6% |
| 2007 | 0.11x | $76.59 Million | $683.86 Million | ▲ +0.0% |
| 2007 | 0.11x | $76.59 Million | $683.86 Million | ▼ -32.7% |
| 2006 | 0.17x | $101.04 Million | $606.88 Million | ▲ +0.0% |
| 2006 | 0.17x | $101.04 Million | $606.88 Million | ▲ +91.5% |
| 2005 | 0.09x | $49.83 Million | $573.02 Million | ▲ +0.0% |
| 2005 | 0.09x | $49.83 Million | $573.02 Million | ▼ -31.7% |
| 2004 | 0.13x | $62.31 Million | $489.17 Million | ▲ +0.0% |
| 2004 | 0.13x | $62.31 Million | $489.17 Million | ▼ -14.8% |
| 2003 | 0.15x | $68.60 Million | $458.62 Million | ▲ +0.0% |
| 2003 | 0.15x | $68.60 Million | $458.62 Million | ▲ +5.9% |
| 2002 | 0.14x | $56.73 Million | $401.52 Million | ▲ +0.0% |
| 2002 | 0.14x | $56.73 Million | $401.52 Million | ▼ -38.5% |
| 2001 | 0.23x | $74.68 Million | $325.16 Million | ▲ +0.0% |
| 2001 | 0.23x | $74.68 Million | $325.16 Million | ▲ +78.5% |
| 2000 | 0.13x | $47.77 Million | $371.29 Million | ▲ +0.0% |
| 2000 | 0.13x | $47.77 Million | $371.29 Million | ▼ -33.9% |
| 1999 | 0.19x | $60.30 Million | $309.80 Million | ▲ +0.0% |
| 1999 | 0.19x | $60.30 Million | $309.80 Million | ▼ -21.6% |
| 1998 | 0.25x | $70.50 Million | $284.00 Million | ▲ +0.0% |
| 1998 | 0.25x | $70.50 Million | $284.00 Million | ▲ +77.0% |
| 1997 | 0.14x | $40.80 Million | $290.90 Million | ▲ +0.0% |
| 1997 | 0.14x | $40.80 Million | $290.90 Million | ▼ -11.4% |
| 1996 | 0.16x | $48.30 Million | $305.10 Million | ▲ +0.0% |
| 1996 | 0.16x | $48.30 Million | $305.10 Million | ▼ -6.3% |
| 1995 | 0.17x | $50.80 Million | $300.80 Million | ▲ +0.0% |
| 1995 | 0.17x | $50.80 Million | $300.80 Million | ▲ +20.8% |
| 1994 | 0.14x | $41.00 Million | $293.20 Million | ▲ +0.0% |
| 1994 | 0.14x | $41.00 Million | $293.20 Million | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.