Middlesex Water Company 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	2.04	2.8	4.23	2.39	3.83	3.53
Cash & Short-Term Investments	2.04	2.8	4.23	2.39	3.83	3.53
Cash Growth	-23.22%	-33.74%	76.82%	-37.56%	8.35%	-21.33%
Accounts Receivable	29.04	28.57	29.61	27.47	24.68	22.58
Other Receivables	-	-	-	69.87	-	-
Total Trade Receivables	29.04	28.57	29.61	97.34	24.68	22.58
Inventory	8.1	7.55	6.72	6.97	6.18	5.36
Short-Term Regulatory Assets	1.67	-	-	-	-	-
Other Current Assets	5.99	2.84	2.42	1.83	2.62	2.88
Total Current Assets	46.83	41.77	42.97	108.54	37.31	34.36
Net Property, Plant & Equipment	1,171	1,149	1,058	1,002	924.38	869.87
Special Use Funds	1.68	1.68	-	-	-	-
Long-Term Regulatory Assets	103	110.28	101.78	90.69	90.05	100.74
Other Long-Term Assets	63.94	62.83	52.48	35.3	22.72	15.05
Total Assets	1,386	1,366	1,255	1,236	1,074	1,020
Accounts Payable	29.5	31.33	28.05	27.62	24.85	21.13
Accrued Expenses	25.41	19.3	14.89	13.67	14.7	10.61
Short-Term Debt	47	28.25	23	42.75	55.5	13
Current Portion of Long-Term Debt	7.67	7.85	7.71	7.74	17.46	6.73
Unearned Revenue	0.47	0.5	1.48	1.39	1.37	1.33
Short-Term Regulatory Liabilities	3.14	-	-	-	-	-
Other Current Liabilities	6.48	6.57	7.76	10.66	3.99	3.83
Total Current Liabilities	119.66	93.8	82.89	103.83	117.86	56.62
Long-Term Debt	371.68	378.87	352.82	358.15	290.28	306.52
Long-Term Leases	1.65	1.84	2.43	3.06	3.71	4.37
Long-Term Regulatory Liabilities	61.37	68.44	64.56	113.02	46.73	49.43
Other Long-Term Liabilities	137.31	136.22	124.21	110.64	100.08	105.41
Total Long-Term Liabilities	572	585.37	544.02	584.88	440.8	465.72
Total Liabilities	691.66	679.17	626.91	688.71	558.66	522.34
Preferred Stock	1.34	1.34	1.64	2.08	2.08	2.08
Common Stock	282.24	279.15	248.2	246.76	233.05	221.92
Retained Earnings	218.8	214.88	197.06	176.23	167.27	145.81
Total Common Shareholders' Equity	502.39	495.37	446.9	425.08	402.41	369.81
Minority Interest	191.99	191.2	181.37	122.27	113.38	127.86
Shareholders' Equity	694.38	686.57	628.27	547.35	515.79	497.67
Total Liabilities & Equity	1,386	1,366	1,255	1,236	1,074	1,020
Total Debt	428	416.81	385.97	411.71	366.95	330.62
Net Cash (Debt)	-425.96	-414.01	-381.74	-409.32	-363.12	-327.09
Net Cash Per Share	-23.29	-22.83	-21.27	-22.93	-20.50	-18.58
Book Value	502.39	495.37	446.9	425.08	402.41	369.81
Book Value Per Share	27.47	27.31	24.90	23.82	22.72	21.00
Tangible Book Value	502.39	495.37	446.9	425.08	402.41	369.81
Tangible Book Value Per Share	27.47	27.31	24.90	23.82	22.72	21.00

Updated Apr 30, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q