Artesian Resources Corp financial data

Symbol
ARTNA on Nasdaq, ARTNB on OTC
Industry
Water Supply
Location
664 Churchmans Rd, Newark, Delaware
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 131 % +125%
Return On Equity 7.57 % -18%
Return On Assets 2.28 % -2.97%
Operating Margin 22.9 % -2.18%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Value, Issued 10.3M USD +8.25%
Weighted Average Number of Shares Outstanding, Basic 10.3M shares +8.24%
Weighted Average Number of Shares Outstanding, Diluted 10.3M shares +8.21%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 101M USD +1.72%
Operating Income (Loss) 23.1M USD -0.51%
Income Tax Expense (Benefit) 6.72M USD +16.4%
Net Income (Loss) Attributable to Parent 17.4M USD +1.07%
Earnings Per Share, Basic 1.71 USD/shares -5.53%
Earnings Per Share, Diluted 1.71 USD/shares -6.04%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 9.5M USD +8163%
Accounts Receivable, after Allowance for Credit Loss, Current 10.7M USD +4.53%
Assets, Current 30.8M USD +42.8%
Property, Plant and Equipment, Net 3.64M USD -2.42%
Operating Lease, Right-of-Use Asset 504K USD +0.4%
Goodwill 1.94M USD 0%
Other Assets, Noncurrent 9.06M USD -18.1%
Assets 775M USD +1.12%
Accounts Payable, Current 7.88M USD -2.78%
Accrued Liabilities, Current 4.34M USD +6.8%
Contract with Customer, Liability, Current 2.93M USD +16.8%
Liabilities, Current 21.7M USD -50.1%
Contract with Customer, Liability, Noncurrent 2.77M USD -23.6%
Deferred Income Tax Liabilities, Net 58.3M USD +7.01%
Operating Lease, Liability, Noncurrent 501K USD +1.01%
Retained Earnings (Accumulated Deficit) 78.2M USD +8.06%
Stockholders' Equity Attributable to Parent 232M USD +22.7%
Liabilities and Equity 775M USD +6.84%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 12.6M USD +19.9%
Net Cash Provided by (Used in) Financing Activities 2.73M USD -45.9%
Net Cash Provided by (Used in) Investing Activities -8.32M USD +50.3%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 7M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 9.5M USD +8163%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.51M USD +27.9%
Deferred Tax Assets, Valuation Allowance 906K USD +51%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 510K USD +1.19%
Payments to Acquire Property, Plant, and Equipment 8.92M USD -46.9%
Lessee, Operating Lease, Liability, to be Paid 1.59M USD +1.21%
Operating Lease, Liability, Current 9K USD +12.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 35K USD +2.94%
Lessee, Operating Lease, Liability, to be Paid, Year One 35K USD +2.94%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -109K USD -10.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.08M USD +1.21%
Lessee, Operating Lease, Liability, to be Paid, Year Three 35K USD +2.94%
Deferred Tax Assets, Operating Loss Carryforwards 922K USD +46.6%
Deferred Federal Income Tax Expense (Benefit) 1.97M USD +112%
Preferred Stock, Shares Authorized 100K shares 0%
Unrecognized Tax Benefits 158K USD +8.22%
Lessee, Operating Lease, Liability, to be Paid, Year Four 35K USD +2.94%
Operating Lease, Payments 4K USD +100%
Additional Paid in Capital 144M USD +33.8%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 1.02M USD -26%
Current Federal Tax Expense (Benefit) 1.95M USD -33.2%
Depreciation, Depletion and Amortization 13.6M USD +6.4%
Deferred Tax Assets, Net of Valuation Allowance 318K USD -38%
Deferred State and Local Income Tax Expense (Benefit) 1.42M USD +114%
Interest Expense 8.91M USD -1.4%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%