What is the level of liabilities of MGE Energy this year?
MGE Energy has a debt balance of 1.54 B USD this year.
MGE Energy Liabilities 2024
MGE Energy Liabilities
1.54 B USD
MGE Energy Dividend yield
2.11 %
Ticker
MGEE
ISIN
US55277P1049
WKN
866072
In 2024, MGE Energy's total liabilities amounted to 1.54 B USD, a 6.93% difference from the 1.44 B USD total liabilities in the previous year.
MGE Energy Aktienanalyse
What does MGE Energy do?
MGE Energy Inc. is a company operating in the energy sector. It is based in Madison, Wisconsin, USA and was founded in 1855. It focuses on the sale of electricity, gas, and energy efficiency solutions. The company operates under the name Madison Gas & Electric Company (MG&E) and consists of four main divisions that aim to provide electricity and gas to customers in the region. History: MGE Energy was founded in 1855 as Madison Gas Light Company and began installing gas lamps in the city. The company grew rapidly and acquired a coal power plant at the beginning of the 20th century, starting electricity generation. It was renamed Madison Gas & Electric in 1925 and has since continuously strived for sustainable energy production. In recent times, the company has been driving the development of renewable energy sources. Nowadays, MGE is a leading provider of electricity and gas in Wisconsin. Business model: MGE Energy Inc. is an integrated energy provider operating gas and electricity production and supply. The company aims to provide the best quality and service while improving its reach and sustainable energy production capacity. MGE is dedicated to providing energy efficiency solutions to help customers reduce their energy costs and environmental impact. Various divisions: MGE Energy is divided into four main divisions, focusing on different aspects of its operations: 1. MG&E - Electricity and gas supply: MG&E is the largest part of the company and is responsible for supplying customers with electricity and gas in the region. This division is in charge of purchasing electricity and gas from various energy providers and distributing it to end customers. 2. MGE Power - Power plant and electricity supply: MGE Power is responsible for generating electricity from non-renewable energy sources such as coal and natural gas. The company operates a power plant and a network of power lines. 3. New Market - Innovative energy services and products: New Market is the division of MGE Energy that focuses on the development of energy efficiency and renewable energy solutions. The company concentrates on energy-efficient technology, decentralized energy production, and smart grids. 4. MGE Energy Services - Energy services: MGE Energy Services is the service division of the company, offering energy efficiency and leasing services to help customers reduce their energy costs. Products: MGE Energy offers a variety of products and services to its customers: 1. Electricity: MGE Energy offers electricity mainly generated from non-renewable sources such as coal and natural gas. However, the company is working to expand its sustainable energy production through the development of wind, solar, biomass, and hydroelectric power plants. 2. Gas: MGE offers its customers gas, primarily natural gas and liquid propane. It is mainly used for heating buildings and providing hot water. 3. Energy efficiency solutions: MGE Energy provides energy efficiency solutions to help customers reduce their energy costs. The company offers services such as heating, ventilation, and air conditioning solutions, lighting solutions, as well as energy auditing and consulting. 4. Sustainable solutions: MGE is working on the development of renewable energy sources. Efforts in this area include the installation of solar, wind, biomass, and hydroelectric power plants. The company also aims to reduce CO2 emissions and minimize environmental impact. Overall, MGE Energy Inc. is an integrated energy company focusing on the provision of electricity, gas, and energy efficiency solutions. The company strives to improve its reach, sustainable energy production, and energy efficiency performance to provide customers with better service and reduce environmental impact. MGE Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing MGE Energy's Liabilities
MGE Energy's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating MGE Energy's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing MGE Energy's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
MGE Energy's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in MGE Energy’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about MGE Energy Stock
What were the liabilities of MGE Energy compared to the previous year?
The liabilities of MGE Energy have increased by 6.93% increased compared to the previous year.
What are the consequences of high debt for investors of MGE Energy?
High liabilities can pose a risk for investors of MGE Energy, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in MGE Energy?
Low liabilities mean that MGE Energy has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of MGE Energy affect the company?
An increase in liabilities of MGE Energy can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of MGE Energy affect the company?
A decrease in the liabilities of MGE Energy can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of MGE Energy?
Some factors that can influence the liabilities of MGE Energy include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of MGE Energy so important for investors?
The liabilities of MGE Energy are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can MGE Energy take to modify the liabilities?
To change its liabilities, MGE Energy can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does MGE Energy pay?
Over the past 12 months, MGE Energy paid a dividend of 1.67 USD . This corresponds to a dividend yield of about 2.11 %. For the coming 12 months, MGE Energy is expected to pay a dividend of 1.75 USD.
What is the dividend yield of MGE Energy?
The current dividend yield of MGE Energy is 2.11 %.
When does MGE Energy pay dividends?
MGE Energy pays a quarterly dividend. This is distributed in the months of September, December, March, June.
How secure is the dividend of MGE Energy?
MGE Energy paid dividends every year for the past 115 years.
What is the dividend of MGE Energy?
For the upcoming 12 months, dividends amounting to 1.75 USD are expected. This corresponds to a dividend yield of 2.21 %.
In which sector is MGE Energy located?
MGE Energy is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von MGE Energy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of MGE Energy from 6/15/2024 amounting to 0.428 USD, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.
When did MGE Energy pay the last dividend?
The last dividend was paid out on 6/15/2024.
What was the dividend of MGE Energy in the year 2023?
In the year 2023, MGE Energy distributed 1.59 USD as dividends.
In which currency does MGE Energy pay out the dividend?
The dividends of MGE Energy are distributed in USD.
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Andere Kennzahlen von MGE Energy
Our stock analysis for MGE Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MGE Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
