Middlesex Water Company Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2.8	4.23	2.39	3.83	3.53
Cash & Short-Term Investments	2.8	4.23	2.39	3.83	3.53
Cash Growth	-33.74%	76.82%	-37.56%	8.35%	-21.33%
Accounts Receivable	28.57	29.61	27.47	24.68	22.58
Other Receivables	-	-	69.87	-	-
Total Trade Receivables	28.57	29.61	97.34	24.68	22.58
Inventory	7.55	6.72	6.97	6.18	5.36
Other Current Assets	2.84	2.42	1.83	2.62	2.88
Total Current Assets	41.77	42.97	108.54	37.31	34.36
Net Property, Plant & Equipment	1,149	1,058	1,002	924.38	869.87
Special Use Funds	1.68	-	-	-	-
Long-Term Regulatory Assets	110.28	101.78	90.69	90.05	100.74
Other Long-Term Assets	62.83	52.48	35.3	22.72	15.05
Total Assets	1,366	1,255	1,236	1,074	1,020
Accounts Payable	31.33	28.05	27.62	24.85	21.13
Accrued Expenses	19.3	14.89	13.67	14.7	10.61
Short-Term Debt	28.25	23	42.75	55.5	13
Current Portion of Long-Term Debt	7.85	7.71	7.74	17.46	6.73
Unearned Revenue	0.5	1.48	1.39	1.37	1.33
Other Current Liabilities	6.57	7.76	10.66	3.99	3.83
Total Current Liabilities	93.8	82.89	103.83	117.86	56.62
Long-Term Debt	378.87	352.82	358.15	290.28	306.52
Long-Term Leases	1.84	2.43	3.06	3.71	4.37
Long-Term Regulatory Liabilities	68.44	64.56	113.02	46.73	49.43
Other Long-Term Liabilities	136.22	124.21	110.64	100.08	105.41
Total Long-Term Liabilities	585.37	544.02	584.88	440.8	465.72
Total Liabilities	679.17	626.91	688.71	558.66	522.34
Preferred Stock	1.34	1.64	2.08	2.08	2.08
Common Stock	279.15	248.2	246.76	233.05	221.92
Retained Earnings	214.88	197.06	176.23	167.27	145.81
Total Common Shareholders' Equity	495.37	446.9	425.08	402.41	369.81
Minority Interest	191.2	181.37	122.27	113.38	127.86
Shareholders' Equity	686.57	628.27	547.35	515.79	497.67
Total Liabilities & Equity	1,366	1,255	1,236	1,074	1,020
Total Debt	416.81	385.97	411.71	366.95	330.62
Net Cash (Debt)	-414.01	-381.74	-409.32	-363.12	-327.09
Net Cash Per Share	-22.83	-21.27	-22.93	-20.50	-18.58
Book Value	495.37	446.9	425.08	402.41	369.81
Book Value Per Share	27.31	24.90	23.82	22.72	21.00
Tangible Book Value	495.37	446.9	425.08	402.41	369.81
Tangible Book Value Per Share	27.31	24.90	23.82	22.72	21.00

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q