Reaves Utility Income Fund (UTG)

UTG Balance Sheet

Financials in millions USD. Fiscal year is November - October.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Cash & Equivalents	-	-	0.99	0.63	1.36
Cash & Short-Term Investments	-	-	0.99	0.63	1.36
Cash Growth	-	-	58.91%	-54.06%	-
Receivables	5.99	5.53	4.66	5.52	7.61
Other Current Assets	4.34	-	-	-	-
Total Current Assets	10.34	5.53	5.65	6.14	8.97
Long-Term Investments	4,392	3,508	2,420	2,492	2,608
Long-Term Deferred Charges	0.39	0.39	0.02	0.1	-
Total Assets	4,402	3,514	2,425	2,498	2,616
Accounts Payable	1.23	1.05	9.26	0.38	5.46
Accrued Expenses	2.97	2.29	2.28	2.69	2.75
Short-Term Debt	875	650	520	500	450
Other Current Liabilities	0.02	-	-	-	-
Total Current Liabilities	879.22	653.34	531.55	503.06	458.21
Other Long-Term Liabilities	-	-	-	-	0.2
Total Liabilities	879.22	653.34	531.55	503.06	458.42
Common Stock	2,434	2,334	2,045	1,902	1,686
Retained Earnings	1,089	526.7	-151.4	93.18	472.22
Shareholders' Equity	3,523	2,861	1,894	1,995	2,158
Total Liabilities & Equity	4,402	3,514	2,425	2,498	2,616
Total Debt	875	650	520	500	450
Net Cash (Debt)	-875	-650	-519.01	-499.37	-448.64
Net Cash Per Share	-9.65	-7.41	-6.72	-6.94	-6.88
Filing Date Shares Outstanding	90.68	87.77	77.2	71.98	65.21
Total Common Shares Outstanding	90.68	87.77	77.2	71.98	65.21
Working Capital	-868.88	-647.81	-525.89	-496.92	-449.24
Book Value Per Share	38.85	32.60	24.53	27.71	33.09
Tangible Book Value	3,523	2,861	1,894	1,995	2,158
Tangible Book Value Per Share	38.85	32.60	24.53	27.71	33.09

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q