Middlesex Water Company (MSEX) — Defensive Interval Ratio
Middlesex Water Company (MSEX) has a Defensive Interval Ratio of 104 days as of September 2025. Defensive assets of $33.73 Million (cash $-, short-term investments $-, receivables $33.73 Million) cover 104 days of daily cash needs of $324.06K/day. Check MSEX intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Middlesex Water Company Defensive Interval Ratio (1994–2024)
This chart shows how Middlesex Water Company's Defensive Interval Ratio has evolved across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 104 days, meaning defensive assets of $33.73 Million can fund 104 days of operations without new revenue. Also explore Middlesex Water Company (MSEX) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Middlesex Water Company (1994–2024)
The table below presents the year-by-year Defensive Interval Ratio for Middlesex Water Company from 1994 to 2024, covering 31 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Middlesex Water Company market cap and net worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 130 days | $29.61 Million | $227.09K/day | $- | $- | ▼ -212 days |
| 2023 | 342 days | $97.34 Million | $284.46K/day | $- | $- | ▲ +266 days |
| 2022 | 76 days | $24.68 Million | $322.90K/day | $- | $- | ▼ -69 days |
| 2021 | 146 days | $22.58 Million | $155.12K/day | $- | $- | ▲ +7 days |
| 2020 | 139 days | $21.63 Million | $155.75K/day | $- | $- | ▲ +32 days |
| 2019 | 107 days | $19.09 Million | $178.03K/day | $- | $- | ▲ +34 days |
| 2018 | 74 days | $19.05 Million | $258.53K/day | $- | $- | ▼ -27 days |
| 2017 | 101 days | $17.78 Million | $176.81K/day | $- | $0.00 | ▼ -29 days |
| 2016 | 130 days | $16.72 Million | $128.92K/day | $- | $0.00 | ▼ -80 days |
| 2015 | 210 days | $16.31 Million | $77.59K/day | $- | $0.00 | ▲ +77 days |
| 2014 | 133 days | $15.95 Million | $120.20K/day | $- | $0.00 | ▲ +13 days |
| 2013 | 120 days | $17.29 Million | $144.32K/day | $- | $0.00 | ▲ +3 days |
| 2012 | 117 days | $17.93 Million | $153.24K/day | $- | $0.00 | ▼ -9 days |
| 2011 | 126 days | $16.12 Million | $127.91K/day | $- | $0.00 | ▼ -24 days |
| 2010 | 150 days | $16.71 Million | $111.62K/day | $- | $- | ▲ +59 days |
| 2009 | 90 days | $15.04 Million | $166.21K/day | $- | $- | ▲ +5 days |
| 2008 | 85 days | $14.33 Million | $168.41K/day | $- | $- | ▼ -88 days |
| 2007 | 173 days | $12.84 Million | $74.00K/day | $- | $- | ▼ -79 days |
| 2006 | 253 days | $12.55 Million | $49.70K/day | $- | $- | ▲ +52 days |
| 2005 | 201 days | $11.81 Million | $58.86K/day | $- | $- | ▲ +71 days |
| 2004 | 130 days | $9.89 Million | $76.06K/day | $- | $- | ▲ +12 days |
| 2003 | 118 days | $8.92 Million | $75.88K/day | $- | $- | ▼ -72 days |
| 2002 | 189 days | $15.36 Million | $81.04K/day | $- | $6.15 Million | ▼ -73 days |
| 2001 | 262 days | $18.68 Million | $71.15K/day | $- | $9.21 Million | ▲ +38 days |
| 2000 | 224 days | $11.07 Million | $49.33K/day | $- | $2.82 Million | ▲ +5 days |
| 1999 | 220 days | $8.60 Million | $39.18K/day | $- | $- | ▲ +20 days |
| 1998 | 199 days | $7.20 Million | $36.16K/day | $- | $- | ▲ +31 days |
| 1997 | 168 days | $6.00 Million | $35.62K/day | $- | $- | ▼ -60 days |
| 1996 | 229 days | $6.20 Million | $27.12K/day | $- | $- | ▼ -37 days |
| 1995 | 265 days | $6.40 Million | $24.11K/day | $- | $- | ▼ -8 days |
| 1994 | 274 days | $6.30 Million | $23.01K/day | $- | $- | — |