Middlesex Water Co (MSEX) Financials

The income statement of Middlesex Water Co (MSEX) provides a snapshot of the company's financial performance over a specific period. It shows the company's revenues, expenses, and net income. In 2020, Middlesex Water Co reported total revenue of $139.5 million. The company's gross profit for the same period was $85.6 million. After deducting operating expenses, the company reported an operating income (EBIT) of $25.3 million. This shows the company's profitability before considering interest and taxes. Middlesex Water Co's net income from stockholders was $19.7 million in 2020.

The balance sheet of Middlesex Water Co (MSEX) provides a summary of the company's financial position at a given point in time. It shows the company's assets, liabilities, and stockholders' equity. As of December 31, 2020, the company's total assets amounted to $727.8 million. This includes cash equivalents of $3.4 million. Middlesex Water Co's total liabilities were $486.3 million, including total debt of $316.2 million. The company's stockholders' equity was $241.5 million. This indicates the portion of the company's assets that belong to the stockholders after deducting liabilities.