RGC Resources Inc. (RGCO) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
519 KIMBALLAVENUE N.E. ROANOKE, VA 24016 |
| State of Incorp. | VA |
| Fiscal Year End | September 30 |
| Industry (SIC) | 4923 - Natural Gas Transmission and Distribution (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2025 MRQ | 12/31/2024 MRQ | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Receivables | 15,856 | 5,779 | 5,435 | 6,938 | 6,141 | 3,404 | |||
| Inventory, net of allowances, customer advances and progress billings | 7,883 | 8,491 | 11,186 | 16,917 | 7,867 | 5,709 | |||
| Inventory | 7,883 | 8,491 | 11,186 | 16,917 | 7,867 | 5,709 | |||
| Prepaid expense | 729 | 2,362 | 3,228 | 3,088 | 3,105 | 648 | |||
| Contract with customer, asset, after allowance for credit loss | 1,295 | 1,240 | 1,585 | 1,191 | 1,042 | ||||
| Derivative instruments and hedges, assets | 1,105 | 871 | 1,533 | 1,218 | |||||
| Regulatory asset | 4,148 | 5,104 | 2,854 | 1,877 | 5,656 | 2,503 | |||
| Other current assets | 2,263 | 1,066 | 613 | 967 | 1,015 | 855 | |||
| Other undisclosed current assets | 3,937 | 104 | 707 | 2,957 | 168 | 277 | |||
| Total current assets: | 35,921 | 25,072 | 26,795 | 35,548 | 25,144 | 14,437 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 331 | ||||||||
| Regulated entity, other noncurrent assets | 259 | 282 | 255 | 276 | 268 | 299 | |||
| Other noncurrent assets | 33,711 | 33,585 | 29,351 | 24,900 | 73,316 | 68,798 | |||
| Other undisclosed noncurrent assets | 265,282 | 261,428 | 247,328 | 229,585 | 211,382 | 198,146 | |||
| Total noncurrent assets: | 299,252 | 295,627 | 276,934 | 254,761 | 284,965 | 267,243 | |||
| TOTAL ASSETS: | 335,172 | 320,699 | 303,729 | 290,309 | 310,109 | 281,680 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 11,646 | 10,418 | 10,500 | 14,184 | 13,100 | 9,436 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 1,915 | 1,550 | 1,428 | ||
| Accounts payable | 8,551 | 5,430 | 5,839 | 8,601 | 7,730 | 4,442 | |||
| Accrued liabilities | 3,095 | 4,988 | 4,662 | 3,668 | 3,820 | 3,565 | |||
| Deferred revenue | 1,981 | 1,916 | 1,972 | 1,401 | 1,540 | 1,587 | |||
| Debt | 45,236 | 11,966 | 15,329 | 1,300 | 7,000 | ||||
| Derivative instruments and hedges, liabilities | 332 | 534 | |||||||
| Regulatory liability | 1,672 | 834 | 1,633 | 3,168 | 330 | 890 | |||
| Other liabilities | 29 | 26 | 30 | ||||||
| Other undisclosed current liabilities | 3,760 | 3,538 | 3,455 | 2,262 | 3,712 | 4,124 | |||
| Total current liabilities: | 64,325 | 28,698 | 32,919 | 22,315 | 26,014 | 16,571 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 111,336 | 136,673 | 125,845 | 135,695 | 133,471 | 123,820 | |||
| Long-term debt, excluding current maturities | 111,336 | 136,673 | 125,845 | 135,695 | 133,471 | 123,820 | |||
| Liabilities, other than long-term debt, including: | 47,751 | 47,191 | 44,233 | 39,208 | 50,923 | 52,401 | |||
| Asset retirement obligations | 11,241 | 11,142 | 10,793 | 7,181 | |||||
| Deferred income tax liabilities | 2,092 | 1,891 | 2,008 | 13,974 | |||||
| Liability, pension and other postretirement and postemployment benefits | 113 | 114 | 48 | 6,150 | |||||
| Regulatory liability | 19,179 | 19,327 | 18,032 | 10,729 | |||||
| Other liabilities | 303 | 308 | 323 | 39,208 | 50,923 | ||||
| Operating lease, liability | 308 | ||||||||
| Derivative instruments and hedges, liabilities | 1,690 | ||||||||
| Other undisclosed liabilities, other than long-term debt | 14,823 | 14,101 | 13,029 | 12,678 | |||||
| Total noncurrent liabilities: | 159,087 | 183,864 | 170,078 | 174,903 | 184,394 | 176,221 | |||
| Total liabilities: | 223,411 | 212,562 | 202,997 | 197,219 | 210,407 | 192,792 | |||
| Equity | |||||||||
| Equity, attributable to parent | 111,761 | 108,137 | 100,733 | 93,091 | 99,702 | 88,888 | |||
| Common stock | 51,323 | 51,249 | 50,076 | 49,103 | 41,875 | 40,800 | |||
| Additional paid in capital | 48,183 | 47,988 | 44,431 | 41,479 | 19,705 | 15,847 | |||
| Accumulated other comprehensive income (loss) | 1,549 | 1,327 | 2,253 | 1,964 | (1,535) | (3,448) | |||
| Retained earnings | 10,706 | 7,572 | 3,972 | 544 | 39,656 | 35,689 | |||
| Total equity: | 111,761 | 108,137 | 100,733 | 93,091 | 99,702 | 88,888 | |||
| TOTAL LIABILITIES AND EQUITY: | 335,172 | 320,699 | 303,729 | 290,309 | 310,109 | 281,680 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 TTM | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 74,407 | 84,641 | 97,440 | 84,165 | 75,175 | 63,075 | ||
| Cost of revenue | (46,595) | (53,654) | (66,940) | (2,032) | ||||
| Gross profit: | 27,812 | 30,988 | 30,500 | 82,134 | 75,175 | 63,075 | ||
| Operating expenses | (10,296) | (13,906) | (12,821) | (67,217) | (10,715) | (10,086) | ||
| Other undisclosed operating loss | (49,682) | (40,472) | ||||||
| Operating income: | 17,515 | 17,082 | 17,678 | 14,917 | 14,778 | 12,518 | ||
| Nonoperating income (Other Nonoperating income) | 493 | 1,029 | 647 | 1,457 | 912 | 636 | ||
| Interest and debt expense | (5,619) | (4,498) | (4,052) | (4,099) | ||||
| Income from continuing operations before equity method investments, income taxes: | 18,009 | 18,111 | 12,706 | 11,876 | 11,639 | 9,055 | ||
| Income from equity method investments | 2,366 | 3,852 | 2,085 | 73 | 1,668 | 4,815 | ||
| Other undisclosed loss from continuing operations before income taxes | (4,914) | (6,505) | (55,092) | |||||
| Income (loss) from continuing operations before income taxes: | 15,461 | 15,458 | 14,791 | (43,143) | 13,306 | 13,870 | ||
| Income tax expense (benefit) | (3,592) | (3,697) | (3,492) | 11,411 | (3,204) | (3,306) | ||
| Income (loss) from continuing operations: | 11,870 | 11,761 | 11,299 | (31,733) | 10,102 | 10,565 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (31,733) | 10,102 | 10,565 | |
| Net income (loss) available to common stockholders, diluted: | 11,870 | 11,761 | 11,299 | (31,733) | 10,102 | 10,565 | ||
Comprehensive Income ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 TTM | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 11,870 | 11,761 | 11,299 | (31,733) | 10,102 | 10,565 | ||
| Other comprehensive income (loss) | 203 | (1,074) | 131 | |||||
| Comprehensive income (loss): | 12,073 | 10,687 | 11,431 | (31,733) | 10,102 | 10,565 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 43 | 147 | 158 | 3,500 | 1,913 | (959) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 12,116 | 10,834 | 11,588 | (28,233) | 12,015 | 9,606 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.