v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2026
Sep. 30, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 2,473,427 $ 2,320,369
Accounts receivable (less allowance for credit losses of $576,431 and $142,911, respectively) 6,346,425 4,836,982
Inventories 2,005,273 2,018,316
Gas in storage 4,261,264 8,097,586
Prepaid income taxes 92,910 1,618,560
Regulatory assets 4,553,070 2,582,838
Interest rate swaps 550,336 828,573
Other 1,724,114 1,015,967
Total current assets 22,006,819 23,319,191
UTILITY PROPERTY:    
In service 377,488,863 366,843,353
Accumulated depreciation and amortization (106,052,596) (100,131,084)
In service, net 271,436,267 266,712,269
Construction work in progress 11,069,556 8,201,314
Utility property, net 282,505,823 274,913,583
OTHER NON-CURRENT ASSETS:    
Regulatory assets 5,291,256 3,315,082
Investment in unconsolidated affiliates 22,261,893 20,723,697
Benefit plan assets 6,056,947 5,935,885
Deferred income taxes 210,361 617,390
Interest rate swaps 823,192 421,511
Other 502,840 593,227
Total other non-current assets 35,146,489 31,606,792
TOTAL ASSETS 339,659,131 329,839,566
CURRENT LIABILITIES:    
Current maturities of long-term debt 2,846,018 2,846,018
Dividends payable 2,266,505 2,145,558
Accounts payable 8,454,683 7,085,817
Capital contributions payable 392,163 0
Customer credit balances 1,097,450 1,891,161
Income taxes payable 147,875 0
Customer deposits 1,962,431 1,537,311
Accrued expenses 4,068,509 5,312,204
Regulatory liabilities 2,103,199 1,638,911
Other 32,124 25,600
Total current liabilities 23,406,692 22,539,724
LONG-TERM DEBT:    
Line-of-credit 12,811,880 11,916,760
Notes payable 133,139,644 134,258,197
Unamortized debt issuance costs (344,437) (405,794)
Long-term debt, net 145,607,087 145,769,163
DEFERRED CREDITS AND OTHER NON-CURRENT LIABILITIES:    
Asset retirement obligations 12,070,289 11,640,435
Regulatory cost of retirement obligations 17,016,675 15,869,691
Benefit plan liabilities 250,854 201,194
Deferred income taxes 3,692,160 2,277,550
Regulatory liabilities 14,359,465 17,371,430
Other 304,303 319,573
Total deferred credits and other non-current liabilities 47,771,173 47,977,889
STOCKHOLDERS’ EQUITY:    
Common stock, $5 par; authorized 20,000,000 shares; issued and outstanding 10,418,255 and 10,338,308 shares, respectively 52,091,275 51,691,540
Preferred stock, no par, authorized 5,000,000 shares; no shares issued and outstanding 0 0
Capital in excess of par value 50,629,846 49,311,486
Retained earnings 19,683,676 12,288,032
Accumulated other comprehensive income 469,382 261,732
Total stockholders’ equity 122,874,179 113,552,790
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 339,659,131 329,839,566
Interest Rate Swap [Member]    
CURRENT LIABILITIES:    
Interest rate swaps 35,735 57,144
DEFERRED CREDITS AND OTHER NON-CURRENT LIABILITIES:    
Interest rate swaps $ 77,427 $ 298,016