Middlesex Historical Income Statement

MSEX Stock  USD 67.88  1.38  2.08%   
Historical analysis of Middlesex Water income statement accounts such as Operating Income of 27.5 M can show how well Middlesex Water performed in making a profits. Evaluating Middlesex Water income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Middlesex Water's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Middlesex Water latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Middlesex Water is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Middlesex Water. 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 more information on how to buy Middlesex Stock please use our How to Invest in Middlesex Water guide.

About Middlesex Income Statement Analysis

Middlesex Water Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Middlesex Water shareholders. The income statement also shows Middlesex investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Middlesex Water Income Statement Chart

At this time, Middlesex Water's Net Income is fairly stable compared to the past year. Depreciation And Amortization is likely to rise to about 30.9 M in 2024, whereas Interest Expense is likely to drop slightly above 10.2 M in 2024.

Total Revenue

Total revenue comprises all receipts Middlesex Water generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Middlesex Water minus its cost of goods sold. It is profit before Middlesex Water operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Middlesex Water operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Middlesex Water is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Middlesex Water's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Middlesex Water current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Middlesex Water. 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 more information on how to buy Middlesex Stock please use our How to Invest in Middlesex Water guide.At this time, Middlesex Water's Net Income is fairly stable compared to the past year. Depreciation And Amortization is likely to rise to about 30.9 M in 2024, whereas Interest Expense is likely to drop slightly above 10.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit69.5M83.3M83.2M62.3M
Total Revenue143.1M162.4M166.3M85.8M

Middlesex Water income statement Correlations

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0.650.680.860.710.940.740.070.280.980.940.060.91-0.030.740.660.24-0.440.55-0.40.480.1
0.650.680.440.430.570.510.070.240.70.820.420.560.080.420.410.34-0.270.39-0.370.42-0.08
0.410.860.440.880.890.70.150.010.810.7-0.110.97-0.080.740.680.17-0.280.41-0.360.440.14
0.450.710.430.880.820.680.03-0.210.690.57-0.050.88-0.070.660.690.36-0.270.45-0.50.590.11
0.640.940.570.890.820.81-0.120.260.950.810.10.91-0.210.870.80.43-0.540.69-0.570.670.04
0.750.740.510.70.680.81-0.440.450.790.710.250.78-0.410.830.970.65-0.820.8-0.810.7-0.25
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0.610.280.240.01-0.210.260.45-0.350.380.380.640.06-0.580.530.370.53-0.570.54-0.540.43-0.67
0.750.980.70.810.690.950.79-0.040.380.950.20.87-0.150.820.720.4-0.530.66-0.540.6-0.04
0.770.940.820.70.570.810.710.110.380.950.240.80.020.650.570.29-0.410.5-0.420.44-0.05
0.650.060.42-0.11-0.050.10.25-0.190.640.20.24-0.08-0.590.440.20.74-0.230.48-0.650.64-0.89
0.510.910.560.970.880.910.780.110.060.870.8-0.08-0.010.730.730.22-0.370.45-0.410.450.14
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0.710.740.420.740.660.870.83-0.290.530.820.650.440.73-0.570.830.68-0.630.83-0.80.83-0.39
0.640.660.410.680.690.80.97-0.570.370.720.570.20.73-0.460.830.68-0.860.86-0.820.74-0.18
0.740.240.340.170.360.430.65-0.610.530.40.290.740.22-0.660.680.68-0.660.82-0.960.92-0.68
-0.57-0.44-0.27-0.28-0.27-0.54-0.820.83-0.57-0.53-0.41-0.23-0.370.51-0.63-0.86-0.66-0.870.74-0.590.21
0.720.550.390.410.450.690.8-0.710.540.660.50.480.45-0.650.830.860.82-0.87-0.870.86-0.36
-0.81-0.4-0.37-0.36-0.5-0.57-0.810.58-0.54-0.54-0.42-0.65-0.410.7-0.8-0.82-0.960.74-0.87-0.930.64
0.790.480.420.440.590.670.7-0.450.430.60.440.640.45-0.670.830.740.92-0.590.86-0.93-0.53
-0.560.1-0.080.140.110.04-0.250.17-0.67-0.04-0.05-0.890.140.68-0.39-0.18-0.680.21-0.360.64-0.53
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Middlesex Water Account Relationship Matchups

Middlesex Water income statement Accounts

201920202021202220232024 (projected)
Interest Expense7.3M7.5M8.1M9.4M10.7M10.2M
Total Revenue134.6M141.6M143.1M162.4M166.3M85.8M
Gross Profit66.6M70.8M69.5M83.3M83.2M62.3M
Operating Income35.5M37.4M33.2M47.3M39.2M27.5M
Ebit35.5M37.7M35.2M72.6M41.8M28.3M
Ebitda51.6M58.5M62.0M72.8M71.3M36.5M
Net Income33.9M38.4M36.5M42.4M31.5M33.1M
Income Tax Expense(3.1M)(4.1M)(5.5M)3.2M1.0M988.9K
Depreciation And Amortization16.1M20.8M26.8M228.5K29.4M30.9M
Other Operating Expenses99.1M100.2M109.9M118.0M127.1M75.7M
Cost Of Revenue68.0M70.8M73.7M79.1M83.1M57.3M
Total Operating Expenses31.1M29.4M36.3M38.9M127.1M133.4M
Income Before Tax30.7M34.3M31.1M45.7M32.6M22.3M
Total Other Income Expense Net(4.8M)(3.1M)(2.2M)(1.7M)(6.7M)(6.3M)
Net Income Applicable To Common Shares33.8M38.3M36.4M42.3M48.7M51.1M
Selling General Administrative82.4M85.7M88.8M97.3M111.9M85.9M
Net Income From Continuing Ops33.9M38.4M36.5M42.4M32.9M29.2M
Non Operating Income Net Other2.5M4.4M6.0M7.7M8.9M9.3M
Tax Provision(3.1M)(4.1M)(5.5M)3.2M1.3M2.3M
Net Interest Income(7.3M)(7.5M)(8.1M)(9.4M)(9.2M)(9.7M)
Reconciled Depreciation17.2M20.8M21.1M27.5M29.4M23.1M

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Additional Tools for Middlesex Stock Analysis

When running Middlesex Water's price analysis, check to measure Middlesex Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Middlesex Water is operating at the current time. Most of Middlesex Water's value examination focuses on studying past and present price action to predict the probability of Middlesex Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Middlesex Water's price. Additionally, you may evaluate how the addition of Middlesex Water to your portfolios can decrease your overall portfolio volatility.