Middlesex Common Stock vs Long Term Debt Analysis

MSEX Stock

USD 65.32 1.24 1.86%

Middlesex Water financial indicator trend analysis is infinitely more than just investigating Middlesex Water recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Middlesex Water is a good investment. Please check the relationship between Middlesex Water Common Stock and its Long Term Debt accounts. 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.

Common Stock vs Long Term Debt

Common Stock vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Middlesex Water Common Stock account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Middlesex Water's Common Stock and Long Term Debt is 0.8. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Middlesex Water, assuming nothing else is changed. The correlation between historical values of Middlesex Water's Common Stock and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Middlesex Water are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Common Stock i.e., Middlesex Water's Common Stock and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Common Stock

Long Term Debt

Long-term debt is a debt that Middlesex Water has held for over one year. Long-term debt appears on Middlesex Water balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Middlesex Water balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Middlesex Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 11 M in 2024, whereas Selling General Administrative is likely to drop slightly above 85.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	69.5M	83.3M	83.2M	62.3M
Total Revenue	143.1M	162.4M	166.3M	85.8M

Gross Profit Total Revenue

Middlesex Water 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	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	Common Stock	Current Deferred Revenue	Short Term Debt
Common Stock Shares Outstanding		0.53	0.42	0.31	0.44	0.53	0.53	0.42	0.38	0.41	-0.07	0.56	0.21	-0.07	0.06	0.6	0.53	0.41	0.41	0.56	0.52	0.44	0.09	0.71	-0.89	0.36
Total Assets	0.53		0.98	0.17	0.84	1.0	1.0	0.98	0.97	0.92	-0.29	1.0	0.72	-0.29	0.74	0.98	0.99	0.94	0.45	0.98	1.0	0.98	0.78	0.96	-0.43	0.58
Short Long Term Debt Total	0.42	0.98		0.12	0.84	0.98	0.98	1.0	0.97	0.89	-0.31	0.98	0.72	-0.31	0.78	0.96	0.97	0.9	0.39	0.95	0.98	0.99	0.81	0.92	-0.32	0.61
Other Current Liab	0.31	0.17	0.12		0.58	0.16	0.17	0.12	0.13	0.1	-0.06	0.17	0.02	-0.06	0.1	0.18	0.11	0.29	-0.02	0.16	0.18	0.15	0.12	0.18	-0.4	0.73
Total Current Liabilities	0.44	0.84	0.84	0.58		0.82	0.84	0.84	0.82	0.75	-0.18	0.83	0.61	-0.18	0.66	0.8	0.79	0.83	0.33	0.79	0.84	0.83	0.69	0.77	-0.4	0.92
Total Stockholder Equity	0.53	1.0	0.98	0.16	0.82		1.0	0.98	0.97	0.93	-0.26	1.0	0.68	-0.26	0.7	0.98	0.99	0.93	0.48	0.99	0.99	0.98	0.74	0.97	-0.42	0.56
Property Plant And Equipment Net	0.53	1.0	0.98	0.17	0.84	1.0		0.98	0.98	0.92	-0.25	1.0	0.67	-0.25	0.73	0.98	0.99	0.94	0.47	0.98	0.99	0.99	0.77	0.96	-0.42	0.58
Net Debt	0.42	0.98	1.0	0.12	0.84	0.98	0.98		0.97	0.89	-0.31	0.97	0.72	-0.31	0.78	0.96	0.97	0.9	0.39	0.95	0.98	0.99	0.81	0.92	-0.32	0.61
Retained Earnings	0.38	0.97	0.97	0.13	0.82	0.97	0.98	0.97		0.94	-0.22	0.97	0.64	-0.22	0.72	0.92	0.95	0.95	0.49	0.96	0.96	0.98	0.76	0.89	-0.22	0.55
Accounts Payable	0.41	0.92	0.89	0.1	0.75	0.93	0.92	0.89	0.94		-0.13	0.93	0.7	-0.13	0.6	0.87	0.91	0.95	0.59	0.95	0.92	0.88	0.65	0.86	-0.24	0.44
Cash	-0.07	-0.29	-0.31	-0.06	-0.18	-0.26	-0.25	-0.31	-0.22	-0.13		-0.28	-0.58	1.0	-0.39	-0.32	-0.32	-0.2	0.21	-0.24	-0.31	-0.26	-0.36	-0.28	0.1	-0.16
Non Current Assets Total	0.56	1.0	0.98	0.17	0.83	1.0	1.0	0.97	0.97	0.93	-0.28		0.71	-0.28	0.7	0.98	0.99	0.93	0.5	0.99	0.99	0.97	0.74	0.97	-0.45	0.57
Non Currrent Assets Other	0.21	0.72	0.72	0.02	0.61	0.68	0.67	0.72	0.64	0.7	-0.58	0.71		-0.58	0.69	0.71	0.74	0.65	0.19	0.68	0.74	0.63	0.7	0.65	-0.22	0.42
Cash And Short Term Investments	-0.07	-0.29	-0.31	-0.06	-0.18	-0.26	-0.25	-0.31	-0.22	-0.13	1.0	-0.28	-0.58		-0.39	-0.32	-0.32	-0.2	0.21	-0.24	-0.31	-0.26	-0.36	-0.28	0.1	-0.16
Net Receivables	0.06	0.74	0.78	0.1	0.66	0.7	0.73	0.78	0.72	0.6	-0.39	0.7	0.69	-0.39		0.72	0.75	0.68	-0.13	0.65	0.76	0.76	1.0	0.6	-0.12	0.49
Common Stock Total Equity	0.6	0.98	0.96	0.18	0.8	0.98	0.98	0.96	0.92	0.87	-0.32	0.98	0.71	-0.32	0.72		0.98	0.88	0.39	0.97	0.98	0.95	0.75	0.98	-0.54	0.56
Non Current Liabilities Total	0.53	0.99	0.97	0.11	0.79	0.99	0.99	0.97	0.95	0.91	-0.32	0.99	0.74	-0.32	0.75	0.98		0.92	0.44	0.98	1.0	0.96	0.78	0.96	-0.44	0.52
Inventory	0.41	0.94	0.9	0.29	0.83	0.93	0.94	0.9	0.95	0.95	-0.2	0.93	0.65	-0.2	0.68	0.88	0.92		0.49	0.94	0.93	0.91	0.73	0.86	-0.28	0.56
Other Current Assets	0.41	0.45	0.39	-0.02	0.33	0.48	0.47	0.39	0.49	0.59	0.21	0.5	0.19	0.21	-0.13	0.39	0.44	0.49		0.53	0.44	0.41	-0.08	0.47	-0.2	0.14
Other Stockholder Equity	0.56	0.98	0.95	0.16	0.79	0.99	0.98	0.95	0.96	0.95	-0.24	0.99	0.68	-0.24	0.65	0.97	0.98	0.94	0.53		0.98	0.95	0.69	0.97	-0.42	0.51
Total Liab	0.52	1.0	0.98	0.18	0.84	0.99	0.99	0.98	0.96	0.92	-0.31	0.99	0.74	-0.31	0.76	0.98	1.0	0.93	0.44	0.98		0.97	0.8	0.95	-0.44	0.59
Property Plant And Equipment Gross	0.44	0.98	0.99	0.15	0.83	0.98	0.99	0.99	0.98	0.88	-0.26	0.97	0.63	-0.26	0.76	0.95	0.96	0.91	0.41	0.95	0.97		0.8	0.91	-0.32	0.6
Total Current Assets	0.09	0.78	0.81	0.12	0.69	0.74	0.77	0.81	0.76	0.65	-0.36	0.74	0.7	-0.36	1.0	0.75	0.78	0.73	-0.08	0.69	0.8	0.8		0.63	-0.14	0.51
Common Stock	0.71	0.96	0.92	0.18	0.77	0.97	0.96	0.92	0.89	0.86	-0.28	0.97	0.65	-0.28	0.6	0.98	0.96	0.86	0.47	0.97	0.95	0.91	0.63		-0.6	0.53
Current Deferred Revenue	-0.89	-0.43	-0.32	-0.4	-0.4	-0.42	-0.42	-0.32	-0.22	-0.24	0.1	-0.45	-0.22	0.1	-0.12	-0.54	-0.44	-0.28	-0.2	-0.42	-0.44	-0.32	-0.14	-0.6		-0.38
Short Term Debt	0.36	0.58	0.61	0.73	0.92	0.56	0.58	0.61	0.55	0.44	-0.16	0.57	0.42	-0.16	0.49	0.56	0.52	0.56	0.14	0.51	0.59	0.6	0.51	0.53	-0.38

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Middlesex Water Account Relationship Matchups

Middlesex Water fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	16.8M	17.6M	17.6M	17.7M	17.8M	13.0M
Total Assets	909.9M	976.5M	1.0B	1.1B	1.2B	1.3B
Short Long Term Debt Total	263.7M	287.5M	330.6M	366.9M	412.3M	432.9M
Other Current Liab	13.3M	5.8M	5.8M	18.7M	12.6M	13.2M
Total Current Liabilities	65.0M	56.8M	56.6M	117.9M	103.8M	109.0M
Total Stockholder Equity	325.9M	348.3M	369.8M	402.4M	425.1M	446.3M
Property Plant And Equipment Net	711.7M	801.8M	869.9M	924.4M	1.0B	1.1B
Net Debt	261.5M	283.1M	327.1M	363.1M	409.9M	430.4M
Retained Earnings	108.7M	128.8M	145.8M	167.3M	176.2M	185.0M
Accounts Payable	23.3M	30.4M	21.1M	24.8M	27.6M	29.0M
Cash	2.2M	4.5M	3.5M	3.8M	2.4M	3.0M
Non Current Assets Total	880.7M	942.3M	985.7M	1.0B	1.1B	1.2B
Non Currrent Assets Other	114.7M	79.2M	46.3M	35.0M	114.5M	120.2M
Cash And Short Term Investments	2.2M	4.5M	3.5M	3.8M	2.4M	3.0M
Net Receivables	19.1M	21.6M	22.6M	24.7M	97.3M	102.2M
Common Stock Total Equity	215.1M	217.5M	221.9M	233.1M	268.0M	281.4M
Liabilities And Stockholders Equity	909.9M	976.5M	1.0B	1.1B	1.2B	1.3B
Non Current Liabilities Total	519.0M	571.3M	593.6M	554.2M	707.1M	742.5M
Inventory	5.4M	5.1M	5.4M	6.2M	7.0M	7.3M
Other Current Assets	2.4M	2.9M	2.9M	2.6M	1.8M	2.1M
Other Stockholder Equity	215.1M	217.5M	221.9M	233.1M	246.8M	259.1M
Total Liab	584.0M	628.2M	650.2M	672.0M	811.0M	851.5M
Property Plant And Equipment Gross	711.7M	801.8M	1.1B	1.1B	1.2B	1.3B
Total Current Assets	29.1M	34.1M	34.4M	37.3M	108.5M	114.0M
Accumulated Other Comprehensive Income	(215.1M)	(217.5M)	(221.9M)	(233.1M)	(209.7M)	(199.3M)
Common Stock	215.1M	217.5M	221.9M	233.1M	246.8M	234.4M
Current Deferred Revenue	1.2M	1.3M	1.3M	1.4M	1.4M	1.3M
Short Term Debt	27.2M	9.3M	19.7M	73.0M	51.7M	54.3M
Other Liab	282.5M	293.0M	282.7M	260.2M	299.2M	156.8M
Other Assets	158.7M	942.3M	104.4M	26K	29.9K	28.4K
Long Term Debt	230.8M	273.2M	306.5M	290.3M	358.2M	376.1M
Property Plant Equipment	722.0M	813.0M	881.3M	935.6M	1.1B	1.1B
Net Tangible Assets	323.8M	346.2M	367.7M	400.3M	460.4M	336.1M
Retained Earnings Total Equity	108.7M	128.8M	145.8M	167.3M	192.4M	202.0M
Long Term Debt Total	230.8M	273.2M	306.5M	290.3M	333.8M	171.0M
Deferred Long Term Liab	112.5M	123.3M	104.3M	92.9M	106.8M	84.1M
Non Current Liabilities Other	288.2M	298.1M	287.1M	263.9M	122.9M	190.5M
Short Long Term Debt	27.2M	9.3M	19.7M	73.0M	50.5M	33.0M
Net Invested Capital	581.7M	628.7M	694.0M	763.6M	831.6M	685.2M

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Middlesex Common Stock vs Long Term Debt Analysis

Common Stock vs Long Term Debt

Common Stock vs Long Term Debt Correlation Analysis

Correlation Coefficient

Common Stock

Long Term Debt

Middlesex Water fundamental ratios Correlations

Middlesex Water Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Middlesex Water fundamental ratios Accounts

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Additional Tools for Middlesex Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity

Current Deferred Revenue	- 0.89	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.6	Common Stock
Cash And Short Term Investments	- 0.58	Non Currrent Assets Other
Non Currrent Assets Other	- 0.58	Cash
Current Deferred Revenue	- 0.54	Common Stock Total Equity
Current Deferred Revenue	- 0.45	Non Current Assets Total