Artesian Resources Corp financial data

Symbol
ARTNA on Nasdaq, ARTNB on OTC
Industry
Water Supply
Location
664 Churchmans Rd, Newark, DE
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 132 % +62.4%
Return On Equity 8.57 % +14.9%
Return On Assets 2.57 % +24.8%
Operating Margin 24.6 % +15.7%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Value, Issued 10.3M USD +0.2%
Weighted Average Number of Shares Outstanding, Basic 10.3M shares +0.2%
Weighted Average Number of Shares Outstanding, Diluted 10.3M shares +0.19%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 106M USD +6.25%
Operating Income (Loss) 26M USD +22.9%
Income Tax Expense (Benefit) 7.17M USD +18.5%
Net Income (Loss) Attributable to Parent 20M USD +28.9%
Earnings Per Share, Basic 1.96 USD/shares +25.6%
Earnings Per Share, Diluted 1.96 USD/shares +24.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 10.7M USD +65.7%
Accounts Receivable, after Allowance for Credit Loss, Current 10.2M USD -2.29%
Assets, Current 34.3M USD +1.17%
Property, Plant and Equipment, Net 3.61M USD -2.72%
Operating Lease, Right-of-Use Asset 499K USD +0.2%
Goodwill 1.94M USD 0%
Other Assets, Noncurrent 6.54M USD -23.2%
Assets 796M USD +3.81%
Accounts Payable, Current 9.65M USD +14.5%
Accrued Liabilities, Current 5.57M USD +20.1%
Contract with Customer, Liability, Current 3.21M USD +16.8%
Liabilities, Current 28M USD +3.18%
Contract with Customer, Liability, Noncurrent 2.39M USD -26.7%
Deferred Income Tax Liabilities, Net 52.3M USD -10.1%
Operating Lease, Liability, Noncurrent 496K USD +0.81%
Retained Earnings (Accumulated Deficit) 84.2M USD +10.5%
Stockholders' Equity Attributable to Parent 238M USD +3.8%
Liabilities and Equity 796M USD +4.49%

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 10.7M USD +65.7%
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 506K USD +1%
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 10K USD +11.1%
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 +1.31%
Lessee, Operating Lease, Liability, to be Paid, Year Three 35K USD +2.94%
Deferred Tax Assets, Operating Loss Carryforwards 922K USD +46.6%
Preferred Stock, Shares Authorized 100K shares 0%
Unrecognized Tax Benefits 158K USD +8.22%
Lessee, Operating Lease, Liability, to be Paid, Year Four 31K USD -8.82%
Operating Lease, Payments 4K USD +100%
Additional Paid in Capital 144M USD +0.5%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 13.6M USD +3.62%
Deferred Tax Assets, Net of Valuation Allowance 318K USD -38%
Interest Expense 8.73M USD -5.68%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%