MGE Energy (MGE Energy) Total Current Liabilities : $157.2 Mil (As of Dec. 2023)

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What is MGE Energy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. MGE Energy's total current liabilities for the quarter that ended in Dec. 2023 was $157.2

MGE Energy Total Current Liabilities Historical Data

The historical data trend for MGE Energy's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MGE Energy Total Current Liabilities Chart

MGE Energy Annual Data

Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23

Total Current Liabilities

Get a 7-Day Free Trial 128.82 190.93 117.85 225.06 157.16

MGE Energy Quarterly Data

Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23

Total Current Liabilities Get a 7-Day Free Trial 225.06 146.01 159.40 122.84 157.16

MGE Energy Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

MGE Energy's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 90.711 + 43.146

+ Other Current Liabilities + Current Deferred Liabilities

= 23.299 + 0

= 157.2

MGE Energy's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 90.711 + 43.146

+ Other Current Liabilities + Current Deferred Liabilities

= 23.299 + 0

= 157.2

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

MGE Energy Total Current Liabilities Related Terms
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MGE Energy (MGE Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » MGE Energy Inc (NAS:MGEE) » Definitions » Total Current Liabilities

Comparable Companies

PNM POR HE IDA GNE VIA SUME OGE PNW EVRG NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

N/A

Address

133 South Blair Street, Madison, WI, USA, 53788

Website

https://www.mgeenergy.com

MGE Energy Inc is a U.S. public utilities holding company based in Wisconsin. The firm generates, purchases, and distributes electricity and natural gas, and also provides transmission services, the company generates electricity from coal and purchased power, but also from natural gas, fuel oil, and renewable sources. MGE operates through five segments, which include Regulated electric utility operations, Regulated gas utility operations, Non-regulated energy operations, Transmission investments, and All other segment which includes investing in companies and property and financing the regulated operations. The majority of electric retail revenue is derived from commercial consumers whereas the majority of natural gas revenue is derived from residential consumers.

Executives

Scott Robert Smith officer: VP Bus. Regulatory Strategy 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231

James G Berbee director 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231

James Jerome Lorenz officer: VP Business Operations 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231

Noble Lynnwood Wray director 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231

Lynn K Hobbie officer: Exec VP Marketing & Corp Comm 133 SOUTH BLAIR ST, P.O. BOX 1231, MADISON WI 53701-1231

Gary J Wolter director 133 SOUTH BLAIR ST., P.O. BOX 1231, MADISON WI 53701-1231

Cari Anne Renlund officer: VP and General Counsel 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231

James L Possin director 133 SOUTH BLAIR STREET, P.O. BOX 1231, MADISON WI 53701-1231

Tamara Jean Johnson officer: VP Accounting and Controller 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231

Jared Joseph Bushek officer: VP Finance, CIO & Treasurer 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231

Marcia M Anderson director 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231

Jeffrey M Keebler officer: Sr. VP-Energy Supply & Plan 133 S BLAIR ST, PO BOX 1231, MADISON WI 53701-1231

Regina M Millner director 133 SOUTH BLAIR ST, P.O. BOX 1231, MADISON WI 53701-1231

Donald D Peterson officer: VP - Energy Technology 133 S. BLAIR ST, PO BOX 1231, MADISON WI 53701-1231

Thomas R Stolper director 133 SOUTH BLAIR STREET, POST OFFICE BOX 1231, MADISON WI 53701-1231

MGE Energy (MGE Energy) Headlines

From GuruFocus

MGE Energy Reports Second-Quarter 2022 Earnings
By Business Wire Business Wire • 08-04-2022

MGE Energy Reports Third-Quarter 2023 Earnings
By Business Wire • 11-02-2023

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By Business Wire • 09-15-2023

MGE Energy Issues Second-Quarter Financial Update
By Business Wire Business Wire • 08-05-2022

MGE Energy Declares Regular Dividend
By Business Wire Business Wire • 01-20-2023

MGE Energy Issues December 2022 'Interim Report'
By Business Wire Business Wire • 12-15-2022

MGE Energy Issues Third-Quarter Financial Update
By Business Wire Business Wire • 11-04-2022

MGE Energy Issues First-Quarter Financial Update
By Business Wire Business Wire • 05-06-2022

MGE Energy to Present at the 2022 AGA Financial Forum
By Business Wire Business Wire • 05-16-2022

Unveiling MGE Energy (MGEE)'s Value: Is It Really Priced Right? A Comprehensive Guide
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MGE Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Liabilities	Get a 7-Day Free Trial															225.06	146.01	159.40	122.84	157.16

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	90.711	+	43.146
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	23.299	+	0
	=	157.2

Scott Robert Smith	officer: VP Bus. Regulatory Strategy	623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
James G Berbee	director	133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
James Jerome Lorenz	officer: VP Business Operations	623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Noble Lynnwood Wray	director	623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Lynn K Hobbie	officer: Exec VP Marketing & Corp Comm	133 SOUTH BLAIR ST, P.O. BOX 1231, MADISON WI 53701-1231
Gary J Wolter	director	133 SOUTH BLAIR ST., P.O. BOX 1231, MADISON WI 53701-1231
Cari Anne Renlund	officer: VP and General Counsel	133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
James L Possin	director	133 SOUTH BLAIR STREET, P.O. BOX 1231, MADISON WI 53701-1231
Tamara Jean Johnson	officer: VP Accounting and Controller	623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Jared Joseph Bushek	officer: VP Finance, CIO & Treasurer	623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Marcia M Anderson	director	133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
Jeffrey M Keebler	officer: Sr. VP-Energy Supply & Plan	133 S BLAIR ST, PO BOX 1231, MADISON WI 53701-1231
Regina M Millner	director	133 SOUTH BLAIR ST, P.O. BOX 1231, MADISON WI 53701-1231
Donald D Peterson	officer: VP - Energy Technology	133 S. BLAIR ST, PO BOX 1231, MADISON WI 53701-1231
Thomas R Stolper	director	133 SOUTH BLAIR STREET, POST OFFICE BOX 1231, MADISON WI 53701-1231