MGE Historical Balance Sheet
MGEE Stock | USD 104.86 0.84 0.79% |
Trend analysis of MGE Energy balance sheet accounts such as Other Current Liab of 28.9 M provides information on MGE Energy's total assets, liabilities, and equity, which is the actual value of MGE Energy to its prevalent stockholders. By breaking down trends over time using MGE Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining MGE Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MGE Energy is a good buy for the upcoming year.
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About MGE Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of MGE Energy at a specified time, usually calculated after every quarter, six months, or one year. MGE Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MGE Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MGE currently owns. An asset can also be divided into two categories, current and non-current.
MGE Energy Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of MGE Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MGE Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Cash
Cash refers to the most liquid asset of MGE Energy, which is listed under current asset account on MGE Energy balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from MGE Energy customers. The amounts must be unrestricted with restricted cash listed in a different MGE Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Retained Earnings Total Equity
The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.Most accounts from MGE Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into MGE Energy current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.At present, MGE Energy's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Current Deferred Revenue is expected to grow to 1.05, whereas Total Assets are forecasted to decline to about 1.4 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 641.9M | 727.2M | 780.0M | 396.3M | Total Assets | 2.4B | 2.5B | 2.7B | 1.4B |
MGE Energy balance sheet Correlations
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MGE Energy Account Relationship Matchups
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MGE Energy balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 2.3B | 2.4B | 2.5B | 2.7B | 1.4B | |
Short Long Term Debt Total | 560.8M | 594.1M | 641.9M | 727.2M | 780.0M | 396.3M | |
Other Current Liab | 34.0M | 77.8M | 42.1M | 39.7M | 47.3M | 28.9M | |
Total Current Liabilities | 128.8M | 190.9M | 117.8M | 225.1M | 157.2M | 121.3M | |
Total Stockholder Equity | 855.7M | 976M | 1.0B | 1.1B | 1.1B | 1.2B | |
Property Plant And Equipment Net | 1.6B | 1.8B | 1.9B | 2.0B | 2.1B | 2.2B | |
Current Deferred Revenue | 20.0M | 21.2M | 23.3M | 252.2M | 1.0 | 1.05 | |
Net Debt | 537.3M | 549.4M | 624.5M | 715.6M | 768.9M | 807.3M | |
Retained Earnings | 504.7M | 545.4M | 596.4M | 649.9M | 707.2M | 742.5M | |
Accounts Payable | 55.2M | 54.6M | 64.1M | 59.3M | 65.5M | 43.9M | |
Cash | 23.5M | 44.7M | 17.4M | 11.6M | 11.1M | 10.6M | |
Non Current Assets Total | 1.9B | 2.0B | 2.2B | 2.3B | 2.4B | 1.2B | |
Non Currrent Assets Other | 19.1M | 22.3M | 195.0M | 23.8M | 178.0M | 186.9M | |
Cash And Short Term Investments | 23.5M | 44.7M | 17.4M | 11.6M | 11.1M | 10.6M | |
Net Receivables | 74.3M | 76.2M | 97.1M | 109.9M | 95.5M | 77.2M | |
Liabilities And Stockholders Equity | 2.1B | 2.3B | 2.4B | 2.5B | 2.7B | 1.4B | |
Non Current Liabilities Total | 1.1B | 1.1B | 1.2B | 1.2B | 1.4B | 715.7M | |
Inventory | 45.3M | 47.3M | 52.0M | 74.3M | 72.6M | 43.5M | |
Other Current Assets | 21.7M | 41.3M | 32.9M | 47.7M | 58.9M | 61.8M | |
Total Liab | 1.2B | 1.3B | 1.3B | 1.4B | 1.5B | 849.1M | |
Property Plant And Equipment Gross | 1.8B | 2.6B | 2.6B | 2.7B | 2.9B | 3.1B | |
Total Current Assets | 181.6M | 209.5M | 199.4M | 243.5M | 238.2M | 183.0M | |
Short Term Debt | 19.7M | 58.5M | 11.6M | 126.0M | 44.4M | 43.9M | |
Other Liab | 555.6M | 544.1M | 595.1M | 600.6M | 690.7M | 725.2M | |
Other Assets | 153.5M | 413.8M | 195.0M | 176.5M | 202.9M | 143.3M | |
Property Plant Equipment | 1.6B | 1.8B | 1.9B | 2.0B | 2.3B | 1.2B | |
Net Tangible Assets | 1.4B | 1.5B | 1.6B | 1.7B | 1.9B | 1.4B | |
Retained Earnings Total Equity | 504.7M | 545.4M | 596.4M | 649.9M | 747.3M | 394.4M | |
Long Term Debt Total | 523.7M | 519.3M | 614.2M | 585.2M | 673.0M | 503.7M | |
Deferred Long Term Liab | 259.4M | 257.3M | 276.0M | 300.9M | 346.1M | 283.3M | |
Long Term Investments | 96.1M | 94.7M | 98.8M | 105.9M | 112.8M | 98.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether MGE Energy is a strong investment it is important to analyze MGE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGE Energy's future performance. For an informed investment choice regarding MGE Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGE Energy. If investors know MGE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.079 | Dividend Share 1.732 | Earnings Share 3.27 | Revenue Per Share 18.071 | Quarterly Revenue Growth 0.05 |
The market value of MGE Energy is measured differently than its book value, which is the value of MGE that is recorded on the company's balance sheet. Investors also form their own opinion of MGE Energy's value that differs from its market value or its book value, called intrinsic value, which is MGE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGE Energy's market value can be influenced by many factors that don't directly affect MGE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.