MSEX

Middlesex Water Co.

Halal Rating :
Uncomfortable
See Details
Last Price $66.94 Last updated:
Market Cap $1.1b
7D Change -3.81%
1 Year Change 1.98%

Company Overview

Industries
  • Transportation
  • Communications
  • Electric
  • Gas
  • And Sanitary Services
  • Utilities
  • Water Supply
Exchange Nasdaq
Next Earnings Date

Middlesex Water Company owns and operates regulated water utility and wastewater systems. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $55.1m $41.01m - $3.41m 0.00% 8.32%
June 30, 2024 $49.15m $37.87m - $4.04m 0.00% 10.67%
March 31, 2024 $40.52m $33.93m - $3.27m 0.00% 9.64%

Company Impact

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Justification for our Halal Rating

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