Mge Energy (MGEE) Asset Writedowns and Impairment (2009 - 2011)
Mge Energy (MGEE) posted quarterly Asset Writedowns and Impairment of -$25000.0 for Q2 2011, down 105.97% year-over-year from $419000.0 in Q2 2010, and down 102.41% quarter-over-quarter from $1.0 million in Q1 2011.
Mge Energy (MGEE) Asset Writedowns and Impairment (2009 - 2011) Analysis & Trends
Mge Energy (MGEE) has reported Asset Writedowns and Impairment for 3 consecutive years, with -$25000.0 the latest figure, recorded in Q2 2011.
- In Q2 2011, Asset Writedowns and Impairment fell 105.97% year-over-year to -$25000.0; the TTM figure through Jun 2011 stood at $2.6 million (up 11.2% YoY), while the FY2025 annual figure was $8.8 million, changed 0.0% from the prior year.
- Asset Writedowns and Impairment declined to -$25000.0 in Q2 2011 per MGEE's latest filing, from $1.0 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $1.0 million in Q1 2011 and bottomed at -$25000.0 in Q2 2011.
- Historically, Asset Writedowns and Impairment has averaged $605625.0 across 3 years, with a median of $683000.0 in 2010.
- Annual changes were most pronounced in 2010 — Asset Writedowns and Impairment soared 204.71% — and 2011, when it sank 105.97%.
- Mge Energy's Asset Writedowns and Impairment stood at $857000.0 in 2009, then rose by 19.02% to $1.0 million in 2010, then slumped by 102.45% to -$25000.0 in 2011.
- Business Quant data shows MGEE's Asset Writedowns and Impairment at -$25000.0 in Q2 2011, $1.0 million in Q1 2011, and $1.0 million in Q4 2010.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - |
| 10 | Mge Energy | 2.94 Bn | 2.92 Bn | 95.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2011 | -25,000.00 |
| Jun 30, 2011 | -25,000.00 |
| Mar 31, 2011 | 1.04 Mn |
| Mar 31, 2011 | 1.04 Mn |
| Dec 31, 2010 | 1.02 Mn |
| Dec 31, 2010 | 1.02 Mn |
| Sep 30, 2010 | 518,000.00 |
| Sep 30, 2010 | 518,000.00 |
| Jun 30, 2010 | 419,000.00 |
| Jun 30, 2010 | 419,000.00 |
| Mar 31, 2010 | 848,000.00 |
| Mar 31, 2010 | 848,000.00 |
| Dec 31, 2009 | 857,000.00 |
| Dec 31, 2009 | 857,000.00 |
| Sep 30, 2009 | 170,000.00 |
| Sep 30, 2009 | 170,000.00 |