MGE Energy, Inc. (MGEE)

MGE Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	14.88	11.14	11.6	17.44	44.74	23.48
Accounts Receivable	70.55	79.92	98.49	81.02	68.9	66.38
Other Receivables	14.74	15.62	11.42	16.09	7.3	7.94
Inventory	69.41	72.65	74.28	51.96	47.27	45.28
Prepaid Expenses	13.67	22.31	19.13	20.21	15.18	16.89
Restricted Cash	0.64	0.86	0.87	0.85	0.64	0.62
Other Current Assets	26.43	35.71	27.69	11.8	25.5	21.05
Total Current Assets	210.33	238.2	243.48	199.37	209.52	181.64
Property, Plant & Equipment	2,233	2,136	1,979	1,887	1,775	1,643
Regulatory Assets	66.19	81.59	103.9	107.55	142.5	134.31
Other Intangible Assets	-	10.7	12.9	15.6	14.8	13.6
Long-Term Investments	116.41	112.82	105.88	98.75	94.68	88.49
Long-Term Deferred Charges	22.27	2.48	3.68	3.57	1.28	4.82
Other Long-Term Assets	101.58	93.9	68.87	60.33	15.5	15.44
Total Assets	2,749	2,675	2,518	2,372	2,254	2,082
Accounts Payable	45.71	65.45	59.33	64.15	54.64	55.16
Accrued Expenses	25.22	25.26	20.93	23.34	21.17	20
Short-Term Debt	48.5	38	70.5	5.5	52.5	-
Current Portion of Long-Term Debt	5.25	5.15	54.31	4.89	4.77	19.66
Current Portion of Leases	-	1.29	1.18	1.21	1.24	1.09
Other Current Liabilities	24.93	22.01	18.81	18.76	56.6	32.91
Total Current Liabilities	149.61	157.16	225.06	117.85	190.93	128.82
Long-Term Debt	715.27	718.82	585.25	614.21	519.3	523.74
Long-Term Leases	-	25.84	25.02	25.29	23.37	17.88
Pension & Post-Retirement Benefits	56.36	55.06	53.61	73.09	78.17	68.67
Long-Term Deferred Tax Liabilities	345.19	325.92	300.93	275.99	253.29	244.07
Other Long-Term Liabilities	287.63	252.59	246.06	238.02	212.59	242.82
Total Liabilities	1,554	1,535	1,436	1,344	1,278	1,226
Common Stock	36.21	36.16	36.16	36.16	36.16	34.67
Additional Paid-In Capital	400.56	396.75	395.66	394.9	394.41	316.27
Retained Earnings	758.5	707.16	649.85	596.4	545.43	504.74
Shareholders' Equity	1,195	1,140	1,082	1,027	976	855.68
Total Liabilities & Equity	2,749	2,675	2,518	2,372	2,254	2,082
Total Debt	769.02	789.09	736.26	651.1	601.18	562.37
Net Cash (Debt)	-754.14	-777.95	-724.65	-633.66	-556.45	-538.89
Net Cash Per Share	-20.83	-21.50	-20.03	-17.52	-15.63	-15.54
Filing Date Shares Outstanding	36.21	36.17	36.16	36.16	36.16	34.67
Total Common Shares Outstanding	36.21	36.16	36.16	36.16	36.16	34.67
Working Capital	60.72	81.04	18.42	81.52	18.59	52.82
Book Value Per Share	33.01	31.53	29.91	28.41	26.99	24.68
Tangible Book Value	1,195	1,129	1,069	1,012	961.2	842.08
Tangible Book Value Per Share	33.01	31.23	29.55	27.98	26.58	24.29
Machinery	-	2,828	2,619	2,540	2,426	2,276
Construction In Progress	-	110.09	105.75	50.6	139.1	112.48

Source: S&P Capital IQ. Utility template. Financial Sources.