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MSEX (Middlesex Water Co) Goodwill : $0.0 Mil (As of Sep. 2024)


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What is Middlesex Water Co Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Middlesex Water Co's goodwill for the quarter that ended in Sep. 2024 was $0.0 Mil.


Middlesex Water Co Goodwill Historical Data

The historical data trend for Middlesex Water Co's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Middlesex Water Co Goodwill Chart

Middlesex Water Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
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Middlesex Water Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Middlesex Water Co Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Middlesex Water Co  (NAS:MSEX) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Middlesex Water Co's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=0/1236.052
=0.00

Middlesex Water Co's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Goodwill-to-Asset (Q: Sep. 2024 )=Goodwill/Total Assets
=0/1229.615
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Middlesex Water Co Goodwill Related Terms

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Middlesex Water Co Business Description

Traded in Other Exchanges
N/A
Address
485C Route 1 South, Suite 400, Iselin, NJ, USA, 08830
Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The firm primarily operates in the eastern states of New Jersey, Delaware, and Pennsylvania. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company's revenue is derived from the Regulated segment and from residential customers.
Executives
Robert John Capko officer: PAO/Controller 100 POSSUM WAY, NEW PROVIDENCE NJ 07974
Walter G Reinhard director PO BOX 1500, ISELIN NJ 08830
Cosgrove James F. Jr. director 492 CHRISTOPHER DRIVE, PRINCETON NJ 08540
Lorrie Beth Ginegaw officer: VP-Corporate Affairs 1500 RONSON ROAD, ISELIN NJ 08830
Bernadette M Sohler officer: VP - Corporate Affairs 1500 RONSON ROAD, ISELIN NJ 08830
Dennis W Doll officer: Executive Vice President 1500 RONSON ROAD, ISELIN NJ 08830
Andreasen Christian G. Jr. officer: VP - Enterprise Engineering 485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Kim C Hanemann director 1500 RONSON ROAD, ISELIN NJ 08830
A Bruce Oconnor officer: Vice President &, other: Controller PO BOX 1500, ISELIN NJ 08830
Vaughn L Mckoy director 485C ROUTE ONE SOUTH, SUITE 400, ISELIN NJ 07083
Georgia M Simpson officer: VP-Information Technology 485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Joshua Bershad director 485C ROUTE ONE SOUTH, SUITE 400, ISELIN NJ 07083
Robert K Fullagar officer: Vice President - Operations 485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Ann L. Noble director 485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Jay L Kooper officer: VP, Gen. Counsel & Secretary 1500 RONSON ROAD, ISELIN NJ 08830