Mge Energy (MGEE) Change in Accured Expenses (2009 - 2011)
Mge Energy (MGEE) posted quarterly Change in Accured Expenses of -$2.4 million for Q2 2011, up 63.25% year-over-year from -$1.5 million in Q2 2010, and up 66.92% quarter-over-quarter from -$7.3 million in Q1 2011.
Mge Energy (MGEE) Change in Accured Expenses (2009 - 2011) Analysis & Trends
Mge Energy (MGEE) has reported Change in Accured Expenses for 3 consecutive years, with -$2.4 million the latest figure, recorded in Q2 2011.
- In Q2 2011, Change in Accured Expenses rose 63.25% year-over-year to -$2.4 million; the TTM figure through Jun 2011 stood at -$3.1 million (down 221.52% YoY), while the FY2025 annual figure was $2.2 million, down 64.62% from the prior year.
- Change in Accured Expenses climbed to -$2.4 million in Q2 2011 per MGEE's latest filing, from -$7.3 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $16.1 million in Q4 2009 and bottomed at -$7.3 million in Q1 2011.
- Historically, Change in Accured Expenses has averaged -$67750.0 across 3 years, with a median of -$2.6 million in 2009.
- Annual changes were most pronounced in 2010 — Change in Accured Expenses soared 106.6% — and 2011, when it tumbled 70.55%.
- Mge Energy's Change in Accured Expenses stood at $16.1 million in 2009, then tumbled by 59.97% to $6.4 million in 2010, then slumped by 137.37% to -$2.4 million in 2011.
- Business Quant data shows MGEE's Change in Accured Expenses at -$2.4 million in Q2 2011, -$7.3 million in Q1 2011, and $6.4 million in Q4 2010.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 114.00 Mn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | -217.00 Mn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | -207.00 Mn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 83.00 Mn |
| 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 | 33.00 Mn |
| 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 | -2.41 Mn |
| Jun 30, 2011 | -2.41 Mn |
| Mar 31, 2011 | -7.28 Mn |
| Mar 31, 2011 | -7.28 Mn |
| Dec 31, 2010 | 6.44 Mn |
| Dec 31, 2010 | 6.44 Mn |
| Sep 30, 2010 | 182,000.00 |
| Sep 30, 2010 | 182,000.00 |
| Jun 30, 2010 | -6.55 Mn |
| Jun 30, 2010 | -6.55 Mn |
| Mar 31, 2010 | -4.27 Mn |
| Mar 31, 2010 | -4.27 Mn |
| Dec 31, 2009 | 16.10 Mn |
| Dec 31, 2009 | 16.10 Mn |
| Sep 30, 2009 | -2.76 Mn |
| Sep 30, 2009 | -2.76 Mn |