MGE Energy Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	9.47	5.67	21.3	11.14	11.6	17.44
Cash & Short-Term Investments	9.47	5.67	21.3	11.14	11.6	17.44
Cash Growth	-73.18%	-73.40%	91.22%	-4.00%	-33.46%	-61.02%
Accounts Receivable	59.01	57.56	51.28	46.73	55.41	46.21
Other Receivables	43.71	55.75	45.9	48.8	54.5	50.91
Total Trade Receivables	102.72	113.31	97.18	95.53	109.91	97.11
Inventory	58.84	64.18	67.65	72.65	74.28	51.96
Short-Term Regulatory Assets	11	8.88	8.52	20.98	9.54	1.47
Other Current Assets	29.11	36.52	32.62	37.9	38.15	31.4
Total Current Assets	211.13	228.55	227.27	238.2	243.48	199.37
Net Property, Plant & Equipment	2,609	2,573	2,287	2,128	1,971	1,879
Long-Term Investments	132.66	127.91	118.04	112.82	105.88	98.75
Long-Term Regulatory Assets	45.49	42.76	36.76	81.59	103.9	107.55
Other Long-Term Assets	187.88	183.33	158.55	114.64	93.24	87.46
Total Assets	3,186	3,155	2,828	2,675	2,518	2,372
Accounts Payable	57.29	117.67	77.47	65.45	59.33	64.15
Accrued Expenses	27.79	27.51	27.43	25.26	20.93	23.34
Short-Term Debt	40.25	94.53	-	38	70.5	5.5
Current Portion of Long-Term Debt	20.47	21.63	5.29	5.15	54.31	4.89
Short-Term Regulatory Liabilities	28.18	23.49	7.97	15.3	11.93	9.37
Other Current Liabilities	9.19	11.87	7.42	8	8.06	10.61
Total Current Liabilities	183.16	296.71	125.56	157.16	225.06	117.85
Long-Term Debt	880.34	792.21	763.7	718.82	585.25	614.21
Long-Term Leases	-	-	-	-	17.11	17.32
Long-Term Regulatory Liabilities	189.42	185.37	163.34	162.32	156.99	154.3
Other Long-Term Liabilities	583.35	577.2	545.23	497.09	451.52	440.76
Total Long-Term Liabilities	1,653	1,555	1,472	1,378	1,211	1,227
Total Liabilities	1,836	1,851	1,598	1,535	1,436	1,344
Common Stock	-	36.54	36.49	36.16	36.16	36.16
Additional Paid-in Capital	-	434.96	429.52	396.75	395.66	394.9
Retained Earnings	-	832.44	764.13	707.16	649.85	596.4
Shareholders' Equity	1,349	1,304	1,230	1,140	1,082	1,027
Total Liabilities & Equity	3,186	3,155	2,828	2,675	2,518	2,372
Total Debt	941.07	908.37	768.98	761.97	727.17	641.92
Net Cash (Debt)	-931.6	-902.7	-747.68	-750.83	-715.56	-624.48
Net Cash Per Share	-25.46	-24.68	-20.63	-20.75	-19.78	-17.27
Book Value	1,349	1,304	1,230	1,140	1,082	1,027
Book Value Per Share	36.88	35.65	33.95	31.51	29.90	28.41
Tangible Book Value	1,349	1,304	1,230	1,140	1,082	1,027
Tangible Book Value Per Share	36.88	35.65	33.95	31.51	29.90	28.41

SEC Filings: 10-K · 10-Q