MGE Long Term Debt Total vs Total Stockholder Equity Analysis

MGEE Stock

USD 104.13 0.24 0.23%

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 Long Term Debt Total and its Total Stockholder Equity 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.

Long Term Debt Total vs Total Stockholder Equity

Long Term Debt Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MGE Energy Long Term Debt Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between MGE Energy's Long Term Debt Total and Total Stockholder Equity is 0.86. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Total Stockholder Equity 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 Long Term Debt Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of MGE Energy are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Debt Total i.e., MGE Energy's Long Term Debt Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Long Term Debt Total

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 22, 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 Profit	213.6M	243.9M	269.0M	235.6M
Total Revenue	606.6M	714.5M	690.4M	457.8M

Gross Profit Total Revenue

MGE Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.83	0.69	0.19	0.47	0.62	0.6	0.32	0.43	0.5	0.78	0.25	0.8	0.24	0.25	0.82	-0.87	0.9	0.69	0.31	0.07	0.87	0.49	0.78	0.07	-0.86
Total Assets	0.83		0.96	0.54	0.77	0.79	0.77	0.45	0.67	0.75	0.96	-0.07	1.0	-0.07	-0.07	0.87	-0.56	0.98	0.89	0.57	0.18	0.99	0.72	0.58	0.41	-0.52
Short Long Term Debt Total	0.69	0.96		0.59	0.82	0.82	0.82	0.49	0.79	0.8	0.94	-0.31	0.98	-0.17	-0.31	0.83	-0.43	0.9	0.91	0.68	0.19	0.94	0.8	0.37	0.55	-0.38
Other Current Liab	0.19	0.54	0.59		0.74	0.52	0.51	0.13	0.46	0.55	0.56	-0.16	0.57	-0.5	-0.16	0.26	0.05	0.4	0.35	0.52	0.19	0.48	0.59	0.04	0.49	0.12
Total Current Liabilities	0.47	0.77	0.82	0.74		0.77	0.75	0.68	0.72	0.77	0.74	-0.25	0.78	-0.45	-0.25	0.69	-0.26	0.64	0.76	0.71	0.16	0.73	0.78	0.31	0.85	-0.2
Total Stockholder Equity	0.62	0.79	0.82	0.52	0.77		1.0	0.35	0.94	0.99	0.84	-0.29	0.79	0.02	-0.29	0.76	-0.6	0.72	0.79	0.89	0.15	0.77	0.97	0.37	0.52	-0.54
Property Plant And Equipment Net	0.6	0.77	0.82	0.51	0.75	1.0		0.33	0.96	0.99	0.84	-0.34	0.78	0.0	-0.34	0.74	-0.58	0.71	0.78	0.9	0.16	0.75	0.97	0.32	0.51	-0.52
Current Deferred Revenue	0.32	0.45	0.49	0.13	0.68	0.35	0.33		0.36	0.33	0.37	-0.2	0.45	-0.34	-0.2	0.62	-0.14	0.37	0.61	0.29	0.03	0.44	0.34	0.25	0.79	-0.12
Net Debt	0.43	0.67	0.79	0.46	0.72	0.94	0.96	0.36		0.95	0.74	-0.59	0.7	-0.03	-0.59	0.66	-0.44	0.59	0.75	0.93	0.11	0.64	0.97	0.08	0.6	-0.39
Retained Earnings	0.5	0.75	0.8	0.55	0.77	0.99	0.99	0.33	0.95		0.81	-0.36	0.76	-0.07	-0.36	0.69	-0.48	0.66	0.76	0.91	0.19	0.71	0.97	0.28	0.57	-0.41
Accounts Payable	0.78	0.96	0.94	0.56	0.74	0.84	0.84	0.37	0.74	0.81		-0.17	0.96	0.01	-0.17	0.87	-0.54	0.93	0.83	0.64	0.09	0.95	0.79	0.49	0.37	-0.51
Cash	0.25	-0.07	-0.31	-0.16	-0.25	-0.29	-0.34	-0.2	-0.59	-0.36	-0.17		-0.14	0.11	1.0	-0.07	-0.22	0.02	-0.25	-0.51	0.15	-0.04	-0.46	0.67	-0.46	-0.21
Non Current Assets Total	0.8	1.0	0.98	0.57	0.78	0.79	0.78	0.45	0.7	0.76	0.96	-0.14		-0.1	-0.14	0.85	-0.52	0.96	0.88	0.59	0.18	0.99	0.75	0.51	0.44	-0.49
Non Currrent Assets Other	0.24	-0.07	-0.17	-0.5	-0.45	0.02	0.0	-0.34	-0.03	-0.07	0.01	0.11	-0.1		0.11	0.16	-0.43	0.06	0.03	0.03	-0.43	-0.02	-0.01	0.27	-0.48	-0.48
Cash And Short Term Investments	0.25	-0.07	-0.31	-0.16	-0.25	-0.29	-0.34	-0.2	-0.59	-0.36	-0.17	1.0	-0.14	0.11		-0.07	-0.22	0.02	-0.25	-0.51	0.15	-0.04	-0.46	0.67	-0.46	-0.21
Net Receivables	0.82	0.87	0.83	0.26	0.69	0.76	0.74	0.62	0.66	0.69	0.87	-0.07	0.85	0.16	-0.07		-0.64	0.86	0.86	0.57	0.07	0.87	0.69	0.64	0.45	-0.62
Common Stock Total Equity	-0.87	-0.56	-0.43	0.05	-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	-0.67	0.05	0.98
Non Current Liabilities Total	0.9	0.98	0.9	0.4	0.64	0.72	0.71	0.37	0.59	0.66	0.93	0.02	0.96	0.06	0.02	0.86	-0.66		0.85	0.47	0.16	0.99	0.63	0.65	0.25	-0.64
Inventory	0.69	0.89	0.91	0.35	0.76	0.79	0.78	0.61	0.75	0.76	0.83	-0.25	0.88	0.03	-0.25	0.86	-0.51	0.85		0.71	0.04	0.88	0.75	0.51	0.6	-0.46
Other Current Assets	0.31	0.57	0.68	0.52	0.71	0.89	0.9	0.29	0.93	0.91	0.64	-0.51	0.59	0.03	-0.51	0.57	-0.34	0.47	0.71		0.01	0.54	0.95	0.12	0.64	-0.29
Other Stockholder Equity	0.07	0.18	0.19	0.19	0.16	0.15	0.16	0.03	0.11	0.19	0.09	0.15	0.18	-0.43	0.15	0.07	-0.03	0.16	0.04	0.01		0.17	0.11	0.08	0.06	0.0
Total Liab	0.87	0.99	0.94	0.48	0.73	0.77	0.75	0.44	0.64	0.71	0.95	-0.04	0.99	-0.02	-0.04	0.87	-0.62	0.99	0.88	0.54	0.17		0.69	0.62	0.36	-0.59
Property Plant And Equipment Gross	0.49	0.72	0.8	0.59	0.78	0.97	0.97	0.34	0.97	0.97	0.79	-0.46	0.75	-0.01	-0.46	0.69	-0.47	0.63	0.75	0.95	0.11	0.69		0.19	0.6	-0.41
Total Current Assets	0.78	0.58	0.37	0.04	0.31	0.37	0.32	0.25	0.08	0.28	0.49	0.67	0.51	0.27	0.67	0.64	-0.67	0.65	0.51	0.12	0.08	0.62	0.19		0.0	-0.65
Short Term Debt	0.07	0.41	0.55	0.49	0.85	0.52	0.51	0.79	0.6	0.57	0.37	-0.46	0.44	-0.48	-0.46	0.45	0.05	0.25	0.6	0.64	0.06	0.36	0.6	0.0		0.09
Common Stock	-0.86	-0.52	-0.38	0.12	-0.2	-0.54	-0.52	-0.12	-0.39	-0.41	-0.51	-0.21	-0.49	-0.48	-0.21	-0.62	0.98	-0.64	-0.46	-0.29	0.0	-0.59	-0.41	-0.65	0.09

Click cells to compare fundamentals

MGE Energy Account Relationship Matchups

MGE Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.3B	2.4B	2.5B	2.7B	1.4B
Short Long Term Debt Total	560.8M	594.1M	641.9M	727.2M	780.0M	396.3M
Other Current Liab	34.0M	77.8M	42.1M	39.7M	47.3M	28.9M
Total Current Liabilities	128.8M	190.9M	117.8M	225.1M	157.2M	121.3M
Total Stockholder Equity	855.7M	976M	1.0B	1.1B	1.1B	1.2B
Property Plant And Equipment Net	1.6B	1.8B	1.9B	2.0B	2.1B	2.2B
Current Deferred Revenue	20.0M	21.2M	23.3M	252.2M	1.0	1.05
Net Debt	537.3M	549.4M	624.5M	715.6M	768.9M	807.3M
Retained Earnings	504.7M	545.4M	596.4M	649.9M	707.2M	742.5M
Accounts Payable	55.2M	54.6M	64.1M	59.3M	65.5M	43.9M
Cash	23.5M	44.7M	17.4M	11.6M	11.1M	10.6M
Non Current Assets Total	1.9B	2.0B	2.2B	2.3B	2.4B	1.2B
Non Currrent Assets Other	19.1M	22.3M	195.0M	23.8M	178.0M	186.9M
Cash And Short Term Investments	23.5M	44.7M	17.4M	11.6M	11.1M	10.6M
Net Receivables	74.3M	76.2M	97.1M	109.9M	95.5M	77.2M
Liabilities And Stockholders Equity	2.1B	2.3B	2.4B	2.5B	2.7B	1.4B
Non Current Liabilities Total	1.1B	1.1B	1.2B	1.2B	1.4B	715.7M
Inventory	45.3M	47.3M	52.0M	74.3M	72.6M	43.5M
Other Current Assets	21.7M	41.3M	32.9M	47.7M	58.9M	61.8M
Total Liab	1.2B	1.3B	1.3B	1.4B	1.5B	849.1M
Property Plant And Equipment Gross	1.8B	2.6B	2.6B	2.7B	2.9B	3.1B
Total Current Assets	181.6M	209.5M	199.4M	243.5M	238.2M	183.0M
Short Term Debt	19.7M	58.5M	11.6M	126.0M	44.4M	43.9M
Other Liab	555.6M	544.1M	595.1M	600.6M	690.7M	725.2M
Other Assets	153.5M	413.8M	195.0M	176.5M	202.9M	143.3M
Property Plant Equipment	1.6B	1.8B	1.9B	2.0B	2.3B	1.2B
Net Tangible Assets	1.4B	1.5B	1.6B	1.7B	1.9B	1.4B
Retained Earnings Total Equity	504.7M	545.4M	596.4M	649.9M	747.3M	394.4M
Long Term Debt Total	523.7M	519.3M	614.2M	585.2M	673.0M	503.7M
Deferred Long Term Liab	259.4M	257.3M	276.0M	300.9M	346.1M	283.3M
Long Term Investments	96.1M	94.7M	98.8M	105.9M	112.8M	98.6M

Also Currently Popular

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

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:

How To Invest In MGE

Details

Is MGE Stock a good investment?

Details

What is MGE Energy's Net Worth?

Details

Largest Electric Utilities Companies

View

Largest Utilities - Regulated Electric Companies

View

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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

MGE Long Term Debt Total vs Total Stockholder Equity Analysis

Long Term Debt Total vs Total Stockholder Equity

Long Term Debt Total vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Long Term Debt Total

Total Stockholder Equity

MGE Energy fundamental ratios Correlations

MGE Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MGE Energy fundamental ratios Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.99	Property Plant And Equipment Net

Common Stock Total Equity	- 0.87	Common Stock Shares Outstanding
Common Stock	- 0.86	Common Stock Shares Outstanding
Total Current Assets	- 0.67	Common Stock Total Equity
Non Current Liabilities Total	- 0.66	Common Stock Total Equity
Common Stock	- 0.65	Total Current Assets
Common Stock	- 0.64	Non Current Liabilities Total