2023 *2022202120202019
Statement of Net Position ($000)
Cash & Short-Term Investments14,30510,53510,23011,7488,401
Total Assets302,338268,873269,525283,791281,958
Total Debt184,991122,516120,183124,745136,169
Total Liabilities245,362232,328229,014226,670207,738
Unrestricted Fund Balance9502,8712,7973,1743,178
Total Fund Equity13,72116,69713,24717,17818,741
Statement of Revenues, Expenses and Changes in Net Position ($000)
Tot Electric Sales Op Rev91,12174,95367,40062,56667,017
Total Operating Exp64,07163,13158,64754,67150,329
Net Operating Income7,5857,8017,4917,9638,952
Revenue Over Expenses3,1651,5862,4142,9503,844
Liquidity
Days Cash on Hand121.8106.7116.2123.9129.5
Current Ratio1.511.421.371.451.37
Payment Period149.6141.1136.8141.8136.7
Capital
Average Age Net Fixed Assets (yrs)15.915.315.314.114.0
Long-Term Debt / Capitalization %84.178.082.383.881.6
Total Debt / Capitalization %96.2086.7194.5994.5491.68
Leverage
Current Debt Service Cov1.301.221.261.201.25
Cashflow / Total Debt %9.337.877.727.998.93
Financial Condition
EBIDA Margin %28.1622.2630.0732.5632.58
Operating Margin %10.189.6710.8611.5812.48
Profit Margin %4.882.383.453.514.21
Profile
Total Electric Sales (in MWh)2,059,1602,764,0512,804,2162,771,4492,566,228
Participant/Member Customers1010101010
Total Customers910101010
Cost to KWh5.446.195.614.764.81
Revenues to KWh7.5647.8007.0956.6096.531
* Median values are based upon the number of audits received at any given point in time. Therefore, the median values for the most recent year(s) are subject to frequent updating and may not yet accurately characterize the median values of a complete sample size.