Middlesex Water Company PFD 7%
Middlesex Water Company, together with its subsidiaries, owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment engages in collecting, treating, and distributing water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and … Read more
Middlesex Water Company PFD 7% (MSEXP) - Total Assets
Latest total assets as of September 2024: $1.23 Billion USD
Based on the latest financial reports, Middlesex Water Company PFD 7% (MSEXP) holds total assets worth $1.23 Billion USD as of September 2024.
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 PFD 7% - Total Assets Trend (1994–2023)
This chart illustrates how Middlesex Water Company PFD 7%’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Middlesex Water Company PFD 7% - Asset Composition Analysis
Current Asset Composition (December 2023)
Middlesex Water Company PFD 7%'s total assets of $1.23 Billion consist of 8.8% current assets and 91.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $97.34 Million | 7.9% |
| Inventory | $6.97 Million | 0.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1994–2023)
This chart illustrates how Middlesex Water Company PFD 7%'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 PFD 7%'s current assets represent 8.8% of total assets in 2023, a decrease from 9.8% in 1994.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2023, 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 7.9% of total assets.
Middlesex Water Company PFD 7% Competitors by Total Assets
Key competitors of Middlesex Water Company PFD 7% based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT
|
Germany | €698.14 Million |
|
TV BROADCAST
MU:TBCN
|
Germany | €6.25 Billion |
|
FIRST CITIZENS BC A
BE:FC6A
|
Germany | €220.57 Billion |
|
COSTCO WHSL
MU:CTO
|
Germany | €69.83 Billion |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
Germany | €1.73 Trillion |
|
BURCKHARDT COMPRE N
MU:B5H
|
Germany | €1.07 Billion |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
USA | $886.19 Million |
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
Middlesex Water Company PFD 7% - 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 PFD 7% generates 0.13x 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 PFD 7% generates $ 2.55 in net profit.
Middlesex Water Company PFD 7% - 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 | 0.65 | 1.12 | 0.45 |
| Quick Ratio | 0.57 | 1.07 | 0.36 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-27.77 Million | $ 14.46 Million | $ -35.85 Million |
Middlesex Water Company PFD 7% - Advanced Valuation Insights
This section examines the relationship between Middlesex Water Company PFD 7%'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 15.0% |
| Total Assets | $1.24 Billion |
| Market Capitalization | $5.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Middlesex Water Company PFD 7%'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Middlesex Water Company PFD 7%'s assets grew by 15.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Middlesex Water Company PFD 7% (1994–2023)
The table below shows the annual total assets of Middlesex Water Company PFD 7% from 1994 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 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 | -- |