MGE Energy, Inc. (MGEE)

MGE Energy Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	10.14	21.3	11.14	11.6	17.44	44.74
Accounts Receivable	68.85	87.11	79.92	98.49	81.02	68.9
Other Receivables	12.36	10.07	15.62	11.42	16.09	7.3
Inventory	68.13	67.65	72.65	74.28	51.96	47.27
Prepaid Expenses	13.72	18.39	22.31	19.13	20.21	15.18
Restricted Cash	0.67	1.11	0.86	0.87	0.85	0.64
Other Current Assets	21.18	21.64	35.71	27.69	11.8	25.5
Total Current Assets	195.03	227.27	238.2	243.48	199.37	209.52
Property, Plant & Equipment	2,469	2,295	2,136	1,979	1,887	1,775
Regulatory Assets	40.48	36.76	81.59	103.9	107.55	142.5
Other Intangible Assets	-	8.5	10.7	12.9	15.6	14.8
Long-Term Investments	126.96	118.04	112.82	105.88	98.75	94.68
Long-Term Deferred Charges	18.61	10.39	2.48	3.68	3.57	1.28
Other Long-Term Assets	140.93	132.26	93.9	68.87	60.33	15.5
Total Assets	2,991	2,828	2,675	2,518	2,372	2,254
Accounts Payable	67.06	77.47	65.45	59.33	64.15	54.64
Accrued Expenses	27.37	27.43	25.26	20.93	23.34	21.17
Short-Term Debt	76	-	38	70.5	5.5	52.5
Current Portion of Long-Term Debt	20.4	5.29	5.15	54.31	4.89	4.77
Current Portion of Leases	-	1.36	1.29	1.18	1.21	1.24
Other Current Liabilities	24.29	14.02	22.01	18.81	18.76	56.6
Total Current Liabilities	215.11	125.56	157.16	225.06	117.85	190.93
Long-Term Debt	745.05	763.7	718.82	585.25	614.21	519.3
Long-Term Leases	-	26.25	25.84	25.02	25.29	23.37
Pension & Post-Retirement Benefits	51.04	50.16	55.06	53.61	73.09	78.17
Long-Term Deferred Tax Liabilities	369.89	361.39	325.92	300.93	275.99	253.29
Other Long-Term Liabilities	312	270.77	252.59	246.06	238.02	212.59
Total Liabilities	1,693	1,598	1,535	1,436	1,344	1,278
Common Stock	36.54	36.49	36.16	36.16	36.16	36.16
Additional Paid-In Capital	434.62	429.52	396.75	395.66	394.9	394.41
Retained Earnings	826.49	764.13	707.16	649.85	596.4	545.43
Shareholders' Equity	1,298	1,230	1,140	1,082	1,027	976
Total Liabilities & Equity	2,991	2,828	2,675	2,518	2,372	2,254
Total Debt	841.44	796.59	789.09	736.26	651.1	601.18
Net Cash (Debt)	-831.3	-775.29	-777.95	-724.65	-633.66	-556.45
Net Cash Per Share	-22.77	-21.39	-21.50	-20.03	-17.52	-15.63
Filing Date Shares Outstanding	36.54	36.51	36.17	36.16	36.16	36.16
Total Common Shares Outstanding	36.54	36.49	36.16	36.16	36.16	36.16
Working Capital	-20.09	101.7	81.04	18.42	81.52	18.59
Book Value Per Share	35.51	33.71	31.53	29.91	28.41	26.99
Tangible Book Value	1,298	1,222	1,129	1,069	1,012	961.2
Tangible Book Value Per Share	35.51	33.48	31.23	29.55	27.98	26.58
Machinery	-	3,029	2,828	2,619	2,540	2,426
Construction In Progress	-	138.21	110.09	105.75	50.6	139.1

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q