RGC RESOURCES INC
For the period ended Sep 30, 2025. Filed Dec 4, 2025.
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FY2025 · Filed Dec 4, 2025
RGCO$23.65+2.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
AS OFSeptember 30, 2025 AND 2024
| 2025 | 2024 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $2,320,369 | $894,185 |
| Accounts receivable, net | 4,836,982 | 4,483,739 |
| Inventories | 2,018,316 | 1,799,631 |
| Gas in storage | 8,097,586 | 8,491,490 |
| Prepaid income taxes | 1,618,560 | 2,362,069 |
| Regulatory assets | 2,582,838 | 5,103,910 |
| Interest rate swaps | 828,573 | 871,026 |
| Other | 1,015,967 | 1,066,251 |
| Total current assets | 23,319,191 | 25,072,301 |
| UTILITY PROPERTY: | ||
| In service | 366,843,353 | 345,864,008 |
| Accumulated depreciation and amortization | (100,131,084) | (92,462,376) |
| In service, net | 266,712,269 | 253,401,632 |
| Construction work in progress | 8,201,314 | 8,639,822 |
| Utility property, net | 274,913,583 | 262,041,454 |
| OTHER NON-CURRENT ASSETS: | ||
| Regulatory assets | 3,315,082 | 4,445,044 |
| Investment in unconsolidated affiliates | 20,723,697 | 21,057,222 |
| Benefit plan assets | 5,935,885 | 5,416,536 |
| Deferred income taxes | 617,390 | 771,746 |
| Interest rate swaps | 421,511 | 1,191,526 |
| Other | 593,227 | 703,394 |
| Total other non-current assets | 31,606,792 | 33,585,468 |
| TOTAL ASSETS | $329,839,566 | $320,699,223 |
(Continued)
RGC RESOURCES, INC. AND SUBSIDIARIES
AS OFSeptember 30, 2025 AND 2024
| 2025 | 2024 | |
|---|---|---|
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES: | ||
| Current maturities of long-term debt | $2,846,018 | $800,000 |
| Line-of-credit | — | 11,166,181 |
| Dividends payable | 2,145,558 | 2,050,286 |
| Accounts payable | 7,085,817 | 5,429,703 |
| Customer credit balances | 1,891,161 | 1,915,859 |
| Customer deposits | 1,537,311 | 1,488,113 |
| Accrued expenses | 5,312,204 | 4,988,281 |
| Regulatory liabilities | 1,638,911 | 834,278 |
| Interest rate swaps | 57,144 | — |
| Other | 25,600 | 25,729 |
| Total current liabilities | 22,539,724 | 28,698,430 |
| LONG-TERM DEBT: | ||
| Notes payable | 134,258,197 | 136,955,000 |
| Line-of-credit | 11,916,760 | — |
| Unamortized debt issuance costs | (405,794) | (282,092) |
| Long-term debt, net | 145,769,163 | 136,672,908 |
| DEFERRED CREDITS AND OTHER NON-CURRENT LIABILITIES: | ||
| Asset retirement obligations | 11,640,435 | 11,142,095 |
| Regulatory cost of retirement obligations | 15,869,691 | 14,409,847 |
| Benefit plan liabilities | 201,194 | 113,600 |
| Deferred income taxes | 2,277,550 | 1,890,562 |
| Regulatory liabilities | 17,371,430 | 19,326,567 |
| Interest rate swaps | 298,016 | — |
| Other | 319,573 | 308,439 |
| Total deferred credits and other non-current liabilities | 47,977,889 | 47,191,110 |
| COMMITMENTS AND CONTINGENCIES (Note 14) | ||
| STOCKHOLDERS' EQUITY: | ||
| Common stock, $5 par value; authorized 20,000,000 shares; issued and outstanding 10,338,308 and 10,249,899 shares in 2025 and 2024, respectively | 51,691,540 | 51,249,495 |
| Preferred stock, no par; authorized 5,000,000 shares; no shares issued and outstanding in 2025 and 2024 | — | — |
| Capital in excess of par value | 49,311,486 | 47,988,270 |
| Retained earnings | 12,288,032 | 7,572,439 |
| Accumulated other comprehensive income | 261,732 | 1,326,571 |
| Total stockholders’ equity | 113,552,790 | 108,136,775 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $329,839,566 | $320,699,223 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.