MGE Deferred Long Term Liab vs Total Liab Analysis

MGEE Stock  USD 104.75  0.61  0.59%   
MGE Energy financial indicator trend analysis is infinitely more than just investigating MGE Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MGE Energy is a good investment. Please check the relationship between MGE Energy Deferred Long Term Liab and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.

Deferred Long Term Liab vs Total Liab

Deferred Long Term Liab vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MGE Energy Deferred Long Term Liab account and Total Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between MGE Energy's Deferred Long Term Liab and Total Liab is 0.34. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Liab in the same time period over historical financial statements of MGE Energy, assuming nothing else is changed. The correlation between historical values of MGE Energy's Deferred Long Term Liab and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of MGE Energy are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Deferred Long Term Liab i.e., MGE Energy's Deferred Long Term Liab and Total Liab go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from MGE Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MGE Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.As of November 26, 2024, Selling General Administrative is expected to decline to about 13 M. In addition to that, Tax Provision is expected to decline to about 20.2 M
 2021 2022 2023 2024 (projected)
Gross Profit213.6M243.9M269.0M235.6M
Total Revenue606.6M714.5M690.4M457.8M

MGE Energy fundamental ratios Correlations

0.830.690.190.470.620.60.320.430.50.780.250.80.240.250.82-0.870.90.690.310.070.870.490.780.07-0.86
0.830.960.540.770.790.770.450.670.750.96-0.071.0-0.07-0.070.87-0.560.980.890.570.180.990.720.580.41-0.52
0.690.960.590.820.820.820.490.790.80.94-0.310.98-0.17-0.310.83-0.430.90.910.680.190.940.80.370.55-0.38
0.190.540.590.740.520.510.130.460.550.56-0.160.57-0.5-0.160.260.050.40.350.520.190.480.590.040.490.12
0.470.770.820.740.770.750.680.720.770.74-0.250.78-0.45-0.250.69-0.260.640.760.710.160.730.780.310.85-0.2
0.620.790.820.520.771.00.350.940.990.84-0.290.790.02-0.290.76-0.60.720.790.890.150.770.970.370.52-0.54
0.60.770.820.510.751.00.330.960.990.84-0.340.780.0-0.340.74-0.580.710.780.90.160.750.970.320.51-0.52
0.320.450.490.130.680.350.330.360.330.37-0.20.45-0.34-0.20.62-0.140.370.610.290.030.440.340.250.79-0.12
0.430.670.790.460.720.940.960.360.950.74-0.590.7-0.03-0.590.66-0.440.590.750.930.110.640.970.080.6-0.39
0.50.750.80.550.770.990.990.330.950.81-0.360.76-0.07-0.360.69-0.480.660.760.910.190.710.970.280.57-0.41
0.780.960.940.560.740.840.840.370.740.81-0.170.960.01-0.170.87-0.540.930.830.640.090.950.790.490.37-0.51
0.25-0.07-0.31-0.16-0.25-0.29-0.34-0.2-0.59-0.36-0.17-0.140.111.0-0.07-0.220.02-0.25-0.510.15-0.04-0.460.67-0.46-0.21
0.81.00.980.570.780.790.780.450.70.760.96-0.14-0.1-0.140.85-0.520.960.880.590.180.990.750.510.44-0.49
0.24-0.07-0.17-0.5-0.450.020.0-0.34-0.03-0.070.010.11-0.10.110.16-0.430.060.030.03-0.43-0.02-0.010.27-0.48-0.48
0.25-0.07-0.31-0.16-0.25-0.29-0.34-0.2-0.59-0.36-0.171.0-0.140.11-0.07-0.220.02-0.25-0.510.15-0.04-0.460.67-0.46-0.21
0.820.870.830.260.690.760.740.620.660.690.87-0.070.850.16-0.07-0.640.860.860.570.070.870.690.640.45-0.62
-0.87-0.56-0.430.05-0.26-0.6-0.58-0.14-0.44-0.48-0.54-0.22-0.52-0.43-0.22-0.64-0.66-0.51-0.34-0.03-0.62-0.47-0.670.050.98
0.90.980.90.40.640.720.710.370.590.660.930.020.960.060.020.86-0.660.850.470.160.990.630.650.25-0.64
0.690.890.910.350.760.790.780.610.750.760.83-0.250.880.03-0.250.86-0.510.850.710.040.880.750.510.6-0.46
0.310.570.680.520.710.890.90.290.930.910.64-0.510.590.03-0.510.57-0.340.470.710.010.540.950.120.64-0.29
0.070.180.190.190.160.150.160.030.110.190.090.150.18-0.430.150.07-0.030.160.040.010.170.110.080.060.0
0.870.990.940.480.730.770.750.440.640.710.95-0.040.99-0.02-0.040.87-0.620.990.880.540.170.690.620.36-0.59
0.490.720.80.590.780.970.970.340.970.970.79-0.460.75-0.01-0.460.69-0.470.630.750.950.110.690.190.6-0.41
0.780.580.370.040.310.370.320.250.080.280.490.670.510.270.670.64-0.670.650.510.120.080.620.190.0-0.65
0.070.410.550.490.850.520.510.790.60.570.37-0.460.44-0.48-0.460.450.050.250.60.640.060.360.60.00.09
-0.86-0.52-0.380.12-0.2-0.54-0.52-0.12-0.39-0.41-0.51-0.21-0.49-0.48-0.21-0.620.98-0.64-0.46-0.290.0-0.59-0.41-0.650.09
Click cells to compare fundamentals

MGE Energy Account Relationship Matchups

MGE Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.3B2.4B2.5B2.7B1.4B
Short Long Term Debt Total560.8M594.1M641.9M727.2M780.0M396.3M
Other Current Liab34.0M77.8M42.1M39.7M47.3M28.9M
Total Current Liabilities128.8M190.9M117.8M225.1M157.2M121.3M
Total Stockholder Equity855.7M976M1.0B1.1B1.1B1.2B
Property Plant And Equipment Net1.6B1.8B1.9B2.0B2.1B2.2B
Current Deferred Revenue20.0M21.2M23.3M252.2M1.01.05
Net Debt537.3M549.4M624.5M715.6M768.9M807.3M
Retained Earnings504.7M545.4M596.4M649.9M707.2M742.5M
Accounts Payable55.2M54.6M64.1M59.3M65.5M43.9M
Cash23.5M44.7M17.4M11.6M11.1M10.6M
Non Current Assets Total1.9B2.0B2.2B2.3B2.4B1.2B
Non Currrent Assets Other19.1M22.3M195.0M23.8M178.0M186.9M
Cash And Short Term Investments23.5M44.7M17.4M11.6M11.1M10.6M
Net Receivables74.3M76.2M97.1M109.9M95.5M77.2M
Liabilities And Stockholders Equity2.1B2.3B2.4B2.5B2.7B1.4B
Non Current Liabilities Total1.1B1.1B1.2B1.2B1.4B715.7M
Inventory45.3M47.3M52.0M74.3M72.6M43.5M
Other Current Assets21.7M41.3M32.9M47.7M58.9M61.8M
Total Liab1.2B1.3B1.3B1.4B1.5B849.1M
Property Plant And Equipment Gross1.8B2.6B2.6B2.7B2.9B3.1B
Total Current Assets181.6M209.5M199.4M243.5M238.2M183.0M
Short Term Debt19.7M58.5M11.6M126.0M44.4M43.9M
Other Liab555.6M544.1M595.1M600.6M690.7M725.2M
Other Assets153.5M413.8M195.0M176.5M202.9M143.3M
Property Plant Equipment1.6B1.8B1.9B2.0B2.3B1.2B
Net Tangible Assets1.4B1.5B1.6B1.7B1.9B1.4B
Retained Earnings Total Equity504.7M545.4M596.4M649.9M747.3M394.4M
Long Term Debt Total523.7M519.3M614.2M585.2M673.0M503.7M
Deferred Long Term Liab259.4M257.3M276.0M300.9M346.1M283.3M
Long Term Investments96.1M94.7M98.8M105.9M112.8M98.6M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether MGE Energy is a strong investment it is important to analyze MGE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGE Energy's future performance. For an informed investment choice regarding MGE Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGE Energy. If investors know MGE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.079
Dividend Share
1.732
Earnings Share
3.27
Revenue Per Share
18.071
Quarterly Revenue Growth
0.05
The market value of MGE Energy is measured differently than its book value, which is the value of MGE that is recorded on the company's balance sheet. Investors also form their own opinion of MGE Energy's value that differs from its market value or its book value, called intrinsic value, which is MGE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGE Energy's market value can be influenced by many factors that don't directly affect MGE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.