Mge Energy (MGEE) Deferred Taxes (2009 - 2011)
Mge Energy (MGEE) posted quarterly Deferred Taxes of -$7.2 million for Q2 2011, down 1522.75% year-over-year from $506414.4 in Q2 2010, and down 344.2% quarter-over-quarter from -$1.6 million in Q1 2011.
Mge Energy (MGEE) Deferred Taxes (2009 - 2011) Analysis & Trends
Mge Energy (MGEE) has reported Deferred Taxes for 3 consecutive years, with -$7.2 million the latest figure, recorded in Q2 2011.
- In Q2 2011, Deferred Taxes fell 1522.75% year-over-year to -$7.2 million; the TTM figure through Jun 2011 stood at -$34.1 million (down 56.57% YoY), while the FY2025 annual figure was -$11.0 million, up 40.57% from the prior year.
- Deferred Taxes retreated to -$7.2 million in Q2 2011 per MGEE's latest filing, from -$1.6 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $9.3 million in Q3 2010 and bottomed at -$34.6 million in Q4 2010.
- Historically, Deferred Taxes has averaged -$7.0 million across 3 years, with a median of -$1.9 million in 2009.
- Annual changes were most pronounced in 2010 — Deferred Taxes soared 522.78% — and 2011, when it slumped 1522.75%.
- Mge Energy's Deferred Taxes stood at -$19.5 million in 2009, then sank by 77.8% to -$34.6 million in 2010, then surged by 79.18% to -$7.2 million in 2011.
- Business Quant data shows MGEE's Deferred Taxes at -$7.2 million in Q2 2011, -$1.6 million in Q1 2011, and -$34.6 million in Q4 2010.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.14 Bn | 75.33 Bn | - | - |
| 2 | Dominion Energy | 58.87 Bn | 58.09 Bn | 3.50 Bn | 32.00 Mn |
| 3 | Xcel Energy | 48.01 Bn | 46.00 Bn | 3.12 Bn | -23.00 Mn |
| 4 | Wec Energy | 34.87 Bn | 34.82 Bn | 1.45 Bn | 162.10 Mn |
| 5 | Ameren | 29.61 Bn | 29.60 Bn | - | 71.00 Mn |
| 6 | Fortis | 28.17 Bn | 28.17 Bn | 1.60 Bn | 24.58 Mn |
| 7 | Edison International | 27.63 Bn | 27.39 Bn | 3.29 Bn | - |
| 8 | Firstenergy | 26.70 Bn | 26.51 Bn | 2.51 Bn | 79.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 30.36 Mn |
| 10 | Mge Energy | 2.97 Bn | 2.95 Bn | 95.95 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2011 | -7.21 Mn |
| Mar 31, 2011 | -1.62 Mn |
| Dec 31, 2010 | -34.61 Mn |
| Sep 30, 2010 | 9.34 Mn |
| Jun 30, 2010 | -444,000.00 |
| Mar 31, 2010 | 338,000.00 |
| Dec 31, 2009 | -19.47 Mn |
| Sep 30, 2009 | -2.21 Mn |