MGE Free Cash Flow vs Change To Netincome Analysis

MGEE Stock

USD 104.76 1.42 1.37%

MGE Energy financial indicator trend analysis is infinitely more than just investigating MGE Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MGE Energy is a good investment. Please check the relationship between MGE Energy Free Cash Flow and its Change To Netincome accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGE Energy. 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 information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.

Free Cash Flow vs Change To Netincome

Free Cash Flow vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MGE Energy Free Cash Flow account and Change To Netincome. At this time, the significance of the direction appears to have almost no relationship.

The correlation between MGE Energy's Free Cash Flow and Change To Netincome is 0.17. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of MGE Energy, assuming nothing else is changed. The correlation between historical values of MGE Energy's Free Cash Flow and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of MGE Energy are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Free Cash Flow i.e., MGE Energy's Free Cash Flow and Change To Netincome go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Netincome

Most indicators from MGE Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MGE Energy 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 MGE Energy. 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 information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.As of November 29, 2024, Selling General Administrative is expected to decline to about 13 M. In addition to that, Tax Provision is expected to decline to about 20.2 M

	2021	2022	2023	2024 (projected)
Gross Profit	213.6M	243.9M	269.0M	235.6M
Total Revenue	606.6M	714.5M	690.4M	457.8M

Gross Profit Total Revenue

MGE Energy 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	Current Deferred Revenue	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	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.83	0.69	0.38	0.47	0.62	0.6	0.32	0.43	0.5	0.78	0.25	0.8	0.1	0.25	0.82	-0.87	0.9	0.69	0.61	0.1	0.87	0.49	0.78	0.07	-0.86
Total Assets	0.83		0.96	0.53	0.77	0.79	0.77	0.45	0.67	0.75	0.96	-0.07	1.0	0.13	-0.07	0.87	-0.56	0.98	0.89	0.39	0.51	0.99	0.72	0.58	0.41	-0.52
Short Long Term Debt Total	0.69	0.96		0.47	0.82	0.82	0.82	0.49	0.79	0.8	0.94	-0.31	0.98	0.2	-0.31	0.83	-0.43	0.9	0.91	0.24	0.67	0.94	0.8	0.37	0.55	-0.38
Other Current Liab	0.38	0.53	0.47		0.58	0.39	0.37	-0.01	0.21	0.38	0.5	0.29	0.53	-0.27	0.29	0.22	-0.16	0.46	0.21	0.02	0.21	0.5	0.34	0.33	0.18	-0.09
Total Current Liabilities	0.47	0.77	0.82	0.58		0.77	0.75	0.68	0.72	0.77	0.74	-0.25	0.78	-0.01	-0.25	0.69	-0.26	0.64	0.76	0.2	0.68	0.73	0.78	0.31	0.85	-0.2
Total Stockholder Equity	0.62	0.79	0.82	0.39	0.77		1.0	0.35	0.94	0.99	0.84	-0.29	0.79	0.37	-0.29	0.76	-0.6	0.72	0.79	0.48	0.58	0.77	0.97	0.37	0.52	-0.54
Property Plant And Equipment Net	0.6	0.77	0.82	0.37	0.75	1.0		0.33	0.96	0.99	0.84	-0.34	0.78	0.36	-0.34	0.74	-0.58	0.71	0.78	0.45	0.58	0.75	0.97	0.32	0.51	-0.52
Current Deferred Revenue	0.32	0.45	0.49	-0.01	0.68	0.35	0.33		0.36	0.33	0.37	-0.2	0.45	-0.17	-0.2	0.62	-0.14	0.37	0.61	0.09	0.37	0.44	0.34	0.25	0.8	-0.12
Net Debt	0.43	0.67	0.79	0.21	0.72	0.94	0.96	0.36		0.95	0.74	-0.59	0.7	0.42	-0.59	0.66	-0.44	0.59	0.75	0.3	0.69	0.64	0.97	0.08	0.6	-0.39
Retained Earnings	0.5	0.75	0.8	0.38	0.77	0.99	0.99	0.33	0.95		0.81	-0.36	0.76	0.37	-0.36	0.69	-0.48	0.66	0.76	0.4	0.62	0.71	0.97	0.28	0.56	-0.41
Accounts Payable	0.78	0.96	0.94	0.5	0.74	0.84	0.84	0.37	0.74	0.81		-0.17	0.97	0.2	-0.17	0.87	-0.54	0.93	0.83	0.39	0.56	0.95	0.79	0.49	0.37	-0.51
Cash	0.25	-0.07	-0.31	0.29	-0.25	-0.29	-0.34	-0.2	-0.59	-0.36	-0.17		-0.14	-0.34	1.0	-0.07	-0.22	0.02	-0.25	0.3	-0.67	-0.04	-0.46	0.67	-0.46	-0.21
Non Current Assets Total	0.8	1.0	0.98	0.53	0.78	0.79	0.78	0.45	0.7	0.76	0.97	-0.14		0.14	-0.14	0.85	-0.52	0.96	0.88	0.34	0.56	0.99	0.75	0.51	0.43	-0.49
Non Currrent Assets Other	0.1	0.13	0.2	-0.27	-0.01	0.37	0.36	-0.17	0.42	0.37	0.2	-0.34	0.14		-0.34	0.2	-0.3	0.12	0.21	0.06	0.31	0.11	0.42	-0.1	0.0	-0.24
Cash And Short Term Investments	0.25	-0.07	-0.31	0.29	-0.25	-0.29	-0.34	-0.2	-0.59	-0.36	-0.17	1.0	-0.14	-0.34		-0.07	-0.22	0.02	-0.25	0.3	-0.67	-0.04	-0.46	0.67	-0.46	-0.21
Net Receivables	0.82	0.87	0.83	0.22	0.69	0.76	0.74	0.62	0.66	0.69	0.87	-0.07	0.85	0.2	-0.07		-0.64	0.86	0.86	0.49	0.44	0.88	0.69	0.64	0.45	-0.62
Common Stock Total Equity	-0.87	-0.56	-0.43	-0.16	-0.26	-0.6	-0.58	-0.14	-0.44	-0.48	-0.54	-0.22	-0.52	-0.3	-0.22	-0.64		-0.66	-0.51	-0.7	0.09	-0.62	-0.47	-0.67	0.05	0.98
Non Current Liabilities Total	0.9	0.98	0.9	0.46	0.64	0.72	0.71	0.37	0.59	0.66	0.93	0.02	0.96	0.12	0.02	0.86	-0.66		0.85	0.47	0.37	0.99	0.63	0.65	0.24	-0.64
Inventory	0.69	0.89	0.91	0.21	0.76	0.79	0.78	0.61	0.75	0.76	0.83	-0.25	0.88	0.21	-0.25	0.86	-0.51	0.85		0.48	0.58	0.88	0.75	0.51	0.6	-0.46
Other Current Assets	0.61	0.39	0.24	0.02	0.2	0.48	0.45	0.09	0.3	0.4	0.39	0.3	0.34	0.06	0.3	0.49	-0.7	0.47	0.48		-0.1	0.45	0.35	0.75	0.02	-0.73
Other Stockholder Equity	0.1	0.51	0.67	0.21	0.68	0.58	0.58	0.37	0.69	0.62	0.56	-0.67	0.56	0.31	-0.67	0.44	0.09	0.37	0.58	-0.1		0.45	0.73	-0.19	0.68	0.12
Total Liab	0.87	0.99	0.94	0.5	0.73	0.77	0.75	0.44	0.64	0.71	0.95	-0.04	0.99	0.11	-0.04	0.88	-0.62	0.99	0.88	0.45	0.45		0.69	0.62	0.36	-0.59
Property Plant And Equipment Gross	0.49	0.72	0.8	0.34	0.78	0.97	0.97	0.34	0.97	0.97	0.79	-0.46	0.75	0.42	-0.46	0.69	-0.47	0.63	0.75	0.35	0.73	0.69		0.19	0.6	-0.41
Total Current Assets	0.78	0.58	0.37	0.33	0.31	0.37	0.32	0.25	0.08	0.28	0.49	0.67	0.51	-0.1	0.67	0.64	-0.67	0.65	0.51	0.75	-0.19	0.62	0.19		0.0	-0.65
Short Term Debt	0.07	0.41	0.55	0.18	0.85	0.52	0.51	0.8	0.6	0.56	0.37	-0.46	0.43	0.0	-0.46	0.45	0.05	0.24	0.6	0.02	0.68	0.36	0.6	0.0		0.1
Common Stock	-0.86	-0.52	-0.38	-0.09	-0.2	-0.54	-0.52	-0.12	-0.39	-0.41	-0.51	-0.21	-0.49	-0.24	-0.21	-0.62	0.98	-0.64	-0.46	-0.73	0.12	-0.59	-0.41	-0.65	0.1

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MGE Energy Account Relationship Matchups

MGE Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.3B	2.4B	2.5B	2.7B	1.4B
Short Long Term Debt Total	560.8M	594.1M	641.9M	727.2M	780.0M	396.3M
Other Current Liab	52.9M	77.8M	42.1M	39.7M	48.6M	33.5M
Total Current Liabilities	128.8M	190.9M	117.8M	225.1M	157.2M	121.3M
Total Stockholder Equity	855.7M	976M	1.0B	1.1B	1.1B	1.2B
Property Plant And Equipment Net	1.6B	1.8B	1.9B	2.0B	2.1B	2.2B
Current Deferred Revenue	20.0M	21.2M	23.3M	252.2M	1.0	1.05
Net Debt	537.3M	549.4M	624.5M	715.6M	768.9M	807.3M
Retained Earnings	504.7M	545.4M	596.4M	649.9M	707.2M	742.5M
Accounts Payable	55.2M	54.6M	64.1M	59.3M	65.5M	43.9M
Cash	23.5M	44.7M	17.4M	11.6M	11.1M	10.6M
Non Current Assets Total	1.9B	2.0B	2.2B	2.3B	2.4B	1.2B
Non Currrent Assets Other	19.1M	22.3M	195.0M	23.8M	178.0M	186.9M
Cash And Short Term Investments	23.5M	44.7M	17.4M	11.6M	11.1M	10.6M
Net Receivables	74.3M	76.2M	97.1M	109.9M	95.5M	76.7M
Liabilities And Stockholders Equity	2.1B	2.3B	2.4B	2.5B	2.7B	1.4B
Non Current Liabilities Total	1.1B	1.1B	1.2B	1.2B	1.4B	715.7M
Inventory	45.3M	47.3M	52.0M	74.3M	72.6M	43.5M
Other Current Assets	38.6M	41.3M	32.9M	47.7M	58.9M	61.8M
Total Liab	1.2B	1.3B	1.3B	1.4B	1.5B	849.1M
Property Plant And Equipment Gross	1.8B	2.6B	2.6B	2.7B	2.9B	3.1B
Total Current Assets	181.6M	209.5M	199.4M	243.5M	238.2M	183.0M
Short Term Debt	20.8M	58.5M	11.6M	126.0M	43.1M	43.5M
Other Liab	555.6M	544.1M	595.1M	600.6M	690.7M	725.2M
Other Assets	153.5M	413.8M	195.0M	176.5M	202.9M	143.3M
Property Plant Equipment	1.6B	1.8B	1.9B	2.0B	2.3B	1.2B
Net Tangible Assets	1.4B	1.5B	1.6B	1.7B	1.9B	1.4B
Retained Earnings Total Equity	504.7M	545.4M	596.4M	649.9M	747.3M	394.4M
Long Term Debt Total	523.7M	519.3M	614.2M	585.2M	673.0M	503.7M
Deferred Long Term Liab	259.4M	257.3M	276.0M	300.9M	346.1M	283.3M
Long Term Investments	96.1M	94.7M	98.8M	105.9M	112.8M	98.6M

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When determining whether MGE Energy is a strong investment it is important to analyze MGE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGE Energy's future performance. For an informed investment choice regarding MGE Stock, refer to the following important reports:

How To Invest In MGE

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Is MGE Stock a good investment?

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What is MGE Energy's Net Worth?

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Largest Electric Utilities Companies

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Largest Utilities - Regulated Electric Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGE Energy. 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 information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.

You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGE Energy. If investors know MGE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.079

Dividend Share

1.732

Earnings Share

3.27

Revenue Per Share

18.071

Quarterly Revenue Growth

0.05

The market value of MGE Energy is measured differently than its book value, which is the value of MGE that is recorded on the company's balance sheet. Investors also form their own opinion of MGE Energy's value that differs from its market value or its book value, called intrinsic value, which is MGE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGE Energy's market value can be influenced by many factors that don't directly affect MGE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between MGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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MGE Free Cash Flow vs Change To Netincome Analysis

Free Cash Flow vs Change To Netincome

Free Cash Flow vs Change To Netincome Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change To Netincome

MGE Energy fundamental ratios Correlations

MGE Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MGE Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.99	Property Plant And Equipment Net

Common Stock Total Equity	- 0.87	Common Stock Shares Outstanding
Common Stock	- 0.86	Common Stock Shares Outstanding
Common Stock	- 0.73	Other Current Assets
Other Current Assets	- 0.7	Common Stock Total Equity
Total Current Assets	- 0.67	Common Stock Total Equity
Other Stockholder Equity	- 0.67	Cash And Short Term Investments