MGE Energy Balance Sheet
NASDAQ: MGEEEnergyElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
MGE Energy financial position
At the end of fiscal 2025, MGE Energy reported total assets of $3.16 billion, up 11.6% from a year earlier against total liabilities of $1.85 billion. Shareholders' equity stood at $1.30 billion, or 41.3% of assets. The company held $5.7 million in cash and equivalents against $908.4 million of debt, a net debt position of $902.7 million.
The current ratio (current assets divided by current liabilities) was 0.77, meaning short-term obligations exceed short-term assets. Debt-to-equity was 0.70.
Summary generated from market data by MetaCap's automated system. Methodology
MGE Energy balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 5.67M | 21.30M | 11.14M | 11.60M | 17.44M | 44.74M | 23.48M | 83.10M | 107.95M | 95.96M |
| Receivables | 57.56M | 51.28M | 46.73M | 55.41M | 46.20M | 41.38M | 40.48M | 43.59M | 42.30M | 39.89M |
| Total Current Assets | 228.55M | 227.26M | 238.20M | 243.48M | 199.37M | 209.52M | 181.64M | 240.56M | 290.63M | 275.51M |
| Property, Plant & Equipment | 2.57B | 2.29B | 2.13B | 1.97B | 1.88B | 1.77B | 1.64B | 1.51B | 1.34B | 1.28B |
| Total Assets | 3.16B | 2.83B | 2.68B | 2.52B | 2.37B | 2.25B | 2.08B | 1.99B | 1.86B | 1.80B |
| Accounts Payable | 117.67M | 77.47M | 65.45M | 59.33M | 64.15M | 54.64M | 55.16M | 46.16M | 47.65M | 47.80M |
| Short-Term Debt | 116.16M | 5.29M | 43.15M | 124.81M | 10.39M | 57.27M | 19.66M | 17.55M | 28.45M | 4.33M |
| Total Current Liabilities | 296.71M | 125.56M | 157.16M | 225.06M | 117.85M | 190.93M | 128.82M | 120.63M | 126.51M | 103.50M |
| Long-Term Debt | 792.21M | 763.70M | 718.82M | 585.25M | 614.21M | 519.30M | 523.74M | 493.34M | 398.16M | 382.79M |
| Total Liabilities | 1.85B | 1.60B | 1.54B | 1.44B | 1.34B | 1.28B | 1.23B | 1.17B | 1.08B | 1.08B |
| Shareholders' Equity | 1.30B | 1.23B | 1.14B | 1.08B | 1.03B | 976.00M | 855.68M | 816.64M | 778.19M | 724.09M |
| Retained Earnings | 832.43M | 764.13M | 707.16M | 649.85M | 596.40M | 545.43M | 504.74M | 465.71M | 426.87M | 372.95M |
| Total Debt | 908.37M | 768.98M | 761.97M | 710.06M | 624.60M | 576.57M | 543.40M | 510.90M | 426.61M | 387.12M |
| Net Cash (Debt) | -902.70M | -747.68M | -750.83M | -698.46M | -607.16M | -531.84M | -519.92M | -427.79M | -318.66M | -291.17M |
| Shares Outstanding | 36.54M | 36.49M | 36.16M | 36.16M | 36.16M | 36.16M | 34.67M | 34.67M | 34.67M | 34.67M |
This table shows 10 annual periods of MGE Energy's balance sheet, from FY 2025 back to FY 2016, across 15 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow MGEE's reporting calendar. What is a balance sheet?