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
Middlesex Water Company (MSEX) - Total Assets
Latest total assets as of September 2025: $1.34 Billion USD
Based on the latest financial reports, Middlesex Water Company (MSEX) holds total assets worth $1.34 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Middlesex Water Company - Total Assets Trend (1994–2024)
This chart illustrates how Middlesex Water Company’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Middlesex Water Company - Asset Composition Analysis
Current Asset Composition (December 2024)
Middlesex Water Company's total assets of $1.34 Billion consist of 3.4% current assets and 96.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $29.61 Million | 2.4% |
| Inventory | $6.72 Million | 0.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1994–2024)
This chart illustrates how Middlesex Water Company's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Middlesex Water Company's current assets represent 3.4% of total assets in 2024, a decrease from 9.8% in 1994.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2024, down from 3.0% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1994.
- Asset Diversification: The largest asset category is accounts receivable at 2.4% of total assets.
Middlesex Water Company Competitors by Total Assets
Key competitors of Middlesex Water Company based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Chengdu Xingrong Investment Co Ltd
SHE:000598
|
China | CN¥49.37 Billion |
|
Bohai Water Industry Co Ltd
SHE:000605
|
China | CN¥7.89 Billion |
|
Zhongshan Public Utilities Group Co Ltd
SHE:000685
|
China | CN¥35.67 Billion |
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
China | CN¥7.75 Billion |
|
Kangda International Environmental Company Limited
STU:27K
|
Germany | €19.06 Billion |
|
Luzhou Xinglu Water (Group) Co., Ltd.
F:2LX
|
Germany | €7.29 Billion |
|
Yunnan Water Investment Co. Limited
F:2WI
|
Germany | €44.47 Billion |
|
Gansu Dayu Water saving Group
SHE:300021
|
China | CN¥9.19 Billion |
Middlesex Water Company - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Middlesex Water Company generates 0.15x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Middlesex Water Company generates $ 3.53 in net profit.
Middlesex Water Company - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.42 | 0.65 | 0.60 |
| Quick Ratio | 0.36 | 0.57 | 0.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-68.68 Million | $ -27.77 Million | $ -22.73 Million |
Middlesex Water Company - Advanced Valuation Insights
This section examines the relationship between Middlesex Water Company's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.94 |
| Latest Market Cap to Assets Ratio | 0.74 |
| Asset Growth Rate (YoY) | 1.5% |
| Total Assets | $1.26 Billion |
| Market Capitalization | $926.69 Million USD |
Valuation Analysis
Below Book Valuation: The market values Middlesex Water Company's assets below their book value (0.74 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Middlesex Water Company's assets grew by 1.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Middlesex Water Company (1994–2024)
The table below shows the annual total assets of Middlesex Water Company from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.26 Billion | +1.55% |
| 2023-12-31 | $1.24 Billion | +15.04% |
| 2022-12-31 | $1.07 Billion | +5.34% |
| 2021-12-31 | $1.02 Billion | +4.46% |
| 2020-12-31 | $976.47 Million | +7.32% |
| 2019-12-31 | $909.88 Million | +18.50% |
| 2018-12-31 | $767.83 Million | +16.14% |
| 2017-12-31 | $661.14 Million | +6.61% |
| 2016-12-31 | $620.16 Million | +6.06% |
| 2015-12-31 | $584.72 Million | +1.55% |
| 2014-12-31 | $575.77 Million | +8.57% |
| 2013-12-31 | $530.34 Million | -5.59% |
| 2012-12-31 | $561.73 Million | +4.50% |
| 2011-12-31 | $537.54 Million | +9.88% |
| 2010-12-31 | $489.19 Million | +6.79% |
| 2009-12-31 | $458.09 Million | +4.11% |
| 2008-12-31 | $440.00 Million | +12.05% |
| 2007-12-31 | $392.68 Million | +6.05% |
| 2006-12-31 | $370.27 Million | +14.14% |
| 2005-12-31 | $324.38 Million | +8.44% |
| 2004-12-31 | $299.13 Million | +13.65% |
| 2003-12-31 | $263.19 Million | +7.60% |
| 2002-12-31 | $244.60 Million | +3.48% |
| 2001-12-31 | $236.37 Million | +7.74% |
| 2000-12-31 | $219.40 Million | +2.05% |
| 1999-12-31 | $215.00 Million | +5.65% |
| 1998-12-31 | $203.50 Million | +27.35% |
| 1997-12-31 | $159.80 Million | +7.46% |
| 1996-12-31 | $148.70 Million | +2.69% |
| 1995-12-31 | $144.80 Million | +9.37% |
| 1994-12-31 | $132.40 Million | -- |