Middlesex Water Co (Middlesex Water Co) Capex-to-Operating-Income : 2.08 (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is Middlesex Water Co Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Middlesex Water Co's Capital Expenditure for the three months ended in Dec. 2023 was $-17.11 Mil. Its Operating Income for the three months ended in Dec. 2023 was $8.24 Mil.

Hence, Middlesex Water Co's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 2.08.

Middlesex Water Co Capex-to-Operating-Income Historical Data

The historical data trend for Middlesex Water Co's Capex-to-Operating-Income 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.

Middlesex Water Co Capex-to-Operating-Income Chart

Middlesex Water Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Capex-to-Operating-Income

Get a 7-Day Free Trial

2.51

2.82

2.39

2.17

2.30

Middlesex Water Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Capex-to-Operating-Income	Get a 7-Day Free Trial															3.12	3.27	2.45	1.75	2.08

Competitive Comparison of Middlesex Water Co's Capex-to-Operating-Income

For the Utilities - Regulated Water subindustry, Middlesex Water Co's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Middlesex Water Co's Capex-to-Operating-Income Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Middlesex Water Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Middlesex Water Co's Capex-to-Operating-Income falls into.

Middlesex Water Co Capex-to-Operating-Income Calculation

Middlesex Water Co's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-90.179)	/	39.223
	=	2.30

Middlesex Water Co's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-17.105)	/	8.243
	=	2.08

Middlesex Water Co (NAS:MSEX) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.

Middlesex Water Co Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of Middlesex Water Co's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Middlesex Water Co (Middlesex Water Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Middlesex Water Co (NAS:MSEX) » Definitions » Capex-to-Operating-Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

485C Route 1 South, Suite 400, Iselin, NJ, USA, 08830

Website

https://www.middlesexwater.com

Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The firm primarily operates in the eastern states of New Jersey, Delaware, and Pennsylvania. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company's revenue is derived from the Regulated segment and from residential customers.

Executives

Lorrie Beth Ginegaw	officer: VP-Corporate Affairs	1500 RONSON ROAD, ISELIN NJ 08830
Cosgrove James F. Jr.	director	492 CHRISTOPHER DRIVE, PRINCETON NJ 08540
Robert John Capko	officer: PAO/Controller	100 POSSUM WAY, NEW PROVIDENCE NJ 07974
Bernadette M Sohler	officer: VP - Corporate Affairs	1500 RONSON ROAD, ISELIN NJ 08830
Walter G Reinhard	director	PO BOX 1500, ISELIN NJ 08830
Dennis W Doll	officer: Executive Vice President	1500 RONSON ROAD, ISELIN NJ 08830
Andreasen Christian G. Jr.	officer: VP - Enterprise Engineering	485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Kim C Hanemann	director	1500 RONSON ROAD, ISELIN NJ 08830
A Bruce Oconnor	officer: Vice President &, other: Controller	PO BOX 1500, ISELIN NJ 08830
Vaughn L Mckoy	director	485C ROUTE ONE SOUTH, SUITE 400, ISELIN NJ 07083
Georgia M Simpson	officer: VP-Information Technology	485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Joshua Bershad	director	485C ROUTE ONE SOUTH, SUITE 400, ISELIN NJ 07083
Robert K Fullagar	officer: Vice President - Operations	485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Ann L. Noble	director	485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Jay L Kooper	officer: VP, Gen. Counsel & Secretary	1500 RONSON ROAD, ISELIN NJ 08830