Middlesex Water Company (MSEX) — Financial Flexibility Index
Middlesex Water Company (MSEX) has a Financial Flexibility Index of 0.04x as of September 2025. Free cash flow of $30.96 Million (operating CF $12.05 Million minus capex $18.91 Million) represents 0% of total liabilities ($859.41 Million). Also explore Middlesex Water Company (MSEX) net asset momentum to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Middlesex Water Company Financial Flexibility Index (1994–2024)
Historical Financial Flexibility Index trend for Middlesex Water Company across 31 annual periods. Check MSEX capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Middlesex Water Company (1994–2024)
Year-by-year free cash flow to debt coverage for Middlesex Water Company. For the full company profile including market capitalisation, see MSEX market cap.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.16x | $133.35 Million | $58.73 Million | $808.28 Million | ▼ -6.4% |
| 2023 | 0.18x | $142.96 Million | $52.78 Million | $810.98 Million | ▼ -22.4% |
| 2022 | 0.23x | $152.70 Million | $61.36 Million | $672.04 Million | ▲ +31.4% |
| 2021 | 0.17x | $112.41 Million | $33.03 Million | $650.21 Million | ▼ -31.7% |
| 2020 | 0.25x | $158.97 Million | $53.35 Million | $628.18 Million | ▲ +18.1% |
| 2019 | 0.21x | $125.18 Million | $36.05 Million | $584.00 Million | ▼ -6.1% |
| 2018 | 0.23x | $117.96 Million | $45.86 Million | $516.61 Million | ▲ +5.3% |
| 2017 | 0.22x | $93.14 Million | $42.84 Million | $429.53 Million | ▼ -8.3% |
| 2016 | 0.24x | $94.45 Million | $47.07 Million | $399.29 Million | ▲ +15.4% |
| 2015 | 0.20x | $76.98 Million | $51.21 Million | $375.59 Million | ▲ +39.7% |
| 2014 | 0.15x | $55.17 Million | $32.57 Million | $376.05 Million | ▼ -7.8% |
| 2013 | 0.16x | $53.88 Million | $33.80 Million | $338.71 Million | ▲ +17.2% |
| 2012 | 0.14x | $51.15 Million | $29.57 Million | $376.74 Million | ▲ +4.5% |
| 2011 | 0.13x | $46.40 Million | $22.84 Million | $357.20 Million | ▼ -26.4% |
| 2010 | 0.18x | $55.17 Million | $25.57 Million | $312.54 Million | ▲ +44.0% |
| 2009 | 0.12x | $38.63 Million | $18.51 Million | $315.08 Million | ▼ -22.9% |
| 2008 | 0.16x | $47.55 Million | $19.12 Million | $298.82 Million | ▼ -0.2% |
| 2007 | 0.16x | $40.75 Million | $18.82 Million | $255.54 Million | ▼ -18.3% |
| 2006 | 0.20x | $46.27 Million | $15.91 Million | $236.96 Million | ▲ +11.2% |
| 2005 | 0.18x | $38.78 Million | $13.50 Million | $220.83 Million | ▼ -22.7% |
| 2004 | 0.23x | $45.42 Million | $15.56 Million | $199.94 Million | ▲ +20.5% |
| 2003 | 0.19x | $33.82 Million | $14.25 Million | $179.49 Million | ▲ +12.1% |
| 2002 | 0.17x | $27.59 Million | $11.10 Million | $164.04 Million | ▲ +7.3% |
| 2001 | 0.16x | $25.08 Million | $12.33 Million | $160.02 Million | ▼ -4.0% |
| 2000 | 0.16x | $23.63 Million | $10.00 Million | $144.70 Million | ▼ -31.1% |
| 1999 | 0.24x | $33.30 Million | $10.00 Million | $140.40 Million | ▼ -14.8% |
| 1998 | 0.28x | $36.70 Million | $10.40 Million | $131.80 Million | ▲ +26.5% |
| 1997 | 0.22x | $22.80 Million | $12.60 Million | $103.60 Million | ▲ +29.1% |
| 1996 | 0.17x | $16.50 Million | $10.30 Million | $96.80 Million | ▼ -10.0% |
| 1995 | 0.19x | $17.90 Million | $8.90 Million | $94.50 Million | ▲ +8.4% |
| 1994 | 0.17x | $14.80 Million | $8.80 Million | $84.70 Million | — |