MGE Energy Inc (MGEE)
80.28
+1.32
(+1.67%)
USD |
NASDAQ |
May 02, 15:59
MGE Energy Debt to Equity Ratio: 0.6684 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.6684 |
| September 30, 2023 | 0.6317 |
| June 30, 2023 | 0.655 |
| March 31, 2023 | 0.6563 |
| December 31, 2022 | 0.6564 |
| September 30, 2022 | 0.61 |
| June 30, 2022 | 0.5842 |
| March 31, 2022 | 0.5896 |
| December 31, 2021 | 0.6079 |
| September 30, 2021 | 0.6031 |
| June 30, 2021 | 0.588 |
| March 31, 2021 | 0.5783 |
| December 31, 2020 | 0.5908 |
| September 30, 2020 | 0.5548 |
| June 30, 2020 | 0.5666 |
| March 31, 2020 | 0.6271 |
| December 31, 2019 | 0.6351 |
| September 30, 2019 | 0.6453 |
| June 30, 2019 | 0.749 |
| March 31, 2019 | 0.8901 |
| December 31, 2018 | 0.6256 |
| September 30, 2018 | 0.6145 |
| June 30, 2018 | 0.5651 |
| March 31, 2018 | 0.5395 |
| December 31, 2017 | 0.5482 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.5321 |
| June 30, 2017 | 0.5352 |
| March 31, 2017 | 0.5402 |
| December 31, 2016 | 0.5346 |
| September 30, 2016 | 0.5389 |
| June 30, 2016 | 0.5535 |
| March 31, 2016 | 0.5595 |
| December 31, 2015 | 0.5663 |
| September 30, 2015 | 0.5749 |
| June 30, 2015 | 0.5919 |
| March 31, 2015 | 0.5967 |
| December 31, 2014 | 0.6164 |
| September 30, 2014 | 0.6123 |
| June 30, 2014 | 0.627 |
| March 31, 2014 | 0.6331 |
| December 31, 2013 | 0.6535 |
| September 30, 2013 | 0.6602 |
| June 30, 2013 | 0.626 |
| March 31, 2013 | 0.6263 |
| December 31, 2012 | 0.6239 |
| September 30, 2012 | 0.6264 |
| June 30, 2012 | 0.6437 |
| March 31, 2012 | 0.6502 |
| December 31, 2011 | 0.6599 |
| September 30, 2011 | 0.6617 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.5548
Minimum
Sep 2020
0.749
Maximum
Jun 2019
0.6209
Average
0.61
Median
Sep 2022
Debt to Equity Ratio Benchmarks
| Exelon Corp | 1.709 |
| Public Service Enterprise Group Inc | 1.386 |
| Avista Corp | 1.179 |
| Advent Technologies Holdings Inc | 0.00 |
| Fluence Energy Inc | 0.1241 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.675B |
| Total Liabilities (Quarterly) | 1.535B |
| Shareholders Equity (Quarterly) | 1.140B |
| Current Ratio | 1.516 |
| Net Debt Paydown Yield | -0.81% |