MGE Energy Balance Sheet Health
Financial Health criteria checks 3/6
MGE Energy has a total shareholder equity of $1.1B and total debt of $762.0M, which brings its debt-to-equity ratio to 66.8%. Its total assets and total liabilities are $2.7B and $1.5B respectively. MGE Energy's EBIT is $152.0M making its interest coverage ratio 5. It has cash and short-term investments of $11.1M.
Key information
66.8%
Debt to equity ratio
US$761.97m
Debt
Interest coverage ratio | 5x |
Cash | US$11.14m |
Equity | US$1.14b |
Total liabilities | US$1.54b |
Total assets | US$2.68b |
Recent financial health updates
Here's Why MGE Energy (NASDAQ:MGEE) Has A Meaningful Debt Burden
Nov 07We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt
Jul 13Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?
Apr 07We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt
Dec 26MGE Energy (NASDAQ:MGEE) Takes On Some Risk With Its Use Of Debt
Sep 15We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt
Jan 15Recent updates
Investors Met With Slowing Returns on Capital At MGE Energy (NASDAQ:MGEE)
Apr 13MGE Energy, Inc.'s (NASDAQ:MGEE) Business Is Trailing The Market But Its Shares Aren't
Mar 25MGE Energy: Buy This State Utility Now
Mar 01MGE Energy, Inc.'s (NASDAQ:MGEE) Business Is Trailing The Market But Its Shares Aren't
Dec 20Slowing Rates Of Return At MGE Energy (NASDAQ:MGEE) Leave Little Room For Excitement
Nov 28Here's Why MGE Energy (NASDAQ:MGEE) Has A Meaningful Debt Burden
Nov 07Here's Why MGE Energy (NASDAQ:MGEE) Has Caught The Eye Of Investors
Sep 14MGE Energy's (NASDAQ:MGEE) Dividend Will Be Increased To $0.4275
Aug 24MGE Energy (NASDAQ:MGEE) Has More To Do To Multiply In Value Going Forward
Aug 01We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt
Jul 13Here's What To Make Of MGE Energy's (NASDAQ:MGEE) Decelerating Rates Of Return
Apr 26Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?
Apr 07Here's Why MGE Energy (NASDAQ:MGEE) Has Caught The Eye Of Investors
Mar 11We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt
Dec 26Returns At MGE Energy (NASDAQ:MGEE) Appear To Be Weighed Down
Nov 22MGE Energy (NASDAQ:MGEE) Takes On Some Risk With Its Use Of Debt
Sep 15MGE Energy (NASDAQ:MGEE) Is Paying Out A Larger Dividend Than Last Year
Aug 23MGE Energy Q2 GAAP EPS, revenue up Y/Y
Aug 04MGE Energy: Moving With The Times
Jul 06There Are Reasons To Feel Uneasy About MGE Energy's (NASDAQ:MGEE) Returns On Capital
Jun 25With EPS Growth And More, MGE Energy (NASDAQ:MGEE) Is Interesting
Mar 30MGE Energy: Solid With Enduring Dividend Growth
Mar 14There Are Reasons To Feel Uneasy About MGE Energy's (NASDAQ:MGEE) Returns On Capital
Feb 25We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt
Jan 15MGE Energy: Historically High Multiple Likely To Continue To Underpin Share Price
Nov 30MGE Energy's (NASDAQ:MGEE) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 29Capital Allocation Trends At MGE Energy (NASDAQ:MGEE) Aren't Ideal
Nov 22MGE Energy (NASDAQ:MGEE) Is Paying Out A Larger Dividend Than Last Year
Oct 21Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?
Oct 14MGE Energy's (NASDAQ:MGEE) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 23Return Trends At MGE Energy (NASDAQ:MGEE) Aren't Appealing
Aug 17MGEE: Continues To Deliver Value
Jun 30Is MGE Energy (NASDAQ:MGEE) A Risky Investment?
Jun 11MGE Energy, Inc.'s (NASDAQ:MGEE) CEO Compensation Looks Acceptable To Us And Here's Why
May 12MGE Energy EPS beats by $0.19, beats on revenue
May 06Capital Allocation Trends At MGE Energy (NASDAQ:MGEE) Aren't Ideal
May 04Trade Alert: The Independent Director Of MGE Energy, Inc. (NASDAQ:MGEE), James Berbee, Has Just Spent US$68k Buying 33% More Shares
Mar 15MGE Energy (NASDAQ:MGEE) Has A Somewhat Strained Balance Sheet
Mar 02Our Take On The Returns On Capital At MGE Energy (NASDAQ:MGEE)
Feb 03Would MGE Energy, Inc. (NASDAQ:MGEE) Be Valuable To Income Investors?
Jan 21If You Had Bought MGE Energy (NASDAQ:MGEE) Shares Five Years Ago You'd Have Earned 45% Returns
Jan 08Can Mixed Fundamentals Have A Negative Impact on MGE Energy, Inc. (NASDAQ:MGEE) Current Share Price Momentum?
Dec 26MGE Energy, Inc.: A Sound, Very Straightforward Investment
Dec 18What Kind Of Investors Own Most Of MGE Energy, Inc. (NASDAQ:MGEE)?
Dec 14Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?
Dec 01Have Insiders Been Buying MGE Energy, Inc. (NASDAQ:MGEE) Shares?
Nov 19Financial Position Analysis
Short Term Liabilities: MGEE's short term assets ($238.2M) exceed its short term liabilities ($157.2M).
Long Term Liabilities: MGEE's short term assets ($238.2M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: MGEE's net debt to equity ratio (65.9%) is considered high.
Reducing Debt: MGEE's debt to equity ratio has increased from 62.6% to 66.8% over the past 5 years.
Debt Coverage: MGEE's debt is well covered by operating cash flow (31.2%).
Interest Coverage: MGEE's interest payments on its debt are well covered by EBIT (5x coverage).