Artesian Resources Balance Sheet Health
Financial Health criteria checks 2/6
Artesian Resources has a total shareholder equity of $241.7M and total debt of $178.5M, which brings its debt-to-equity ratio to 73.9%. Its total assets and total liabilities are $808.9M and $567.2M respectively. Artesian Resources's EBIT is $34.5M making its interest coverage ratio 3.9. It has cash and short-term investments of $3.7M.
Key information
73.87%
Debt to equity ratio
US$178.51m
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$3.71m |
| Equity | US$241.65m |
| Total liabilities | US$567.20m |
| Total assets | US$808.85m |
Recent financial health updates
These 4 Measures Indicate That Artesian Resources (NASDAQ:ARTN.A) Is Using Debt Extensively
Jun 10
Does Artesian Resources (NASDAQ:ARTN.A) Have A Healthy Balance Sheet?
Mar 03Recent updates
Artesian Resources' (NASDAQ:ARTN.A) Dividend Will Be Increased To $0.3014
Nov 08Artesian Resources Corporation's (NASDAQ:ARTN.A) Share Price Matching Investor Opinion
May 29Artesian Resources' (NASDAQ:ARTN.A) Dividend Will Be Increased To $0.2897
Nov 10Earnings Beat: Artesian Resources Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 12Artesian Resources (NASDAQ:ARTN.A) Will Pay A Larger Dividend Than Last Year At $0.284
May 13Artesian Resources' (NASDAQ:ARTN.A) Upcoming Dividend Will Be Larger Than Last Year's
Nov 07Artesian Resources (NASDAQ:ARTN.A) Has Announced That It Will Be Increasing Its Dividend To US$0.27
Apr 18Artesian Resources' (NASDAQ:ARTN.A) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 26These 4 Measures Indicate That Artesian Resources (NASDAQ:ARTN.A) Is Using Debt Extensively
Jun 10If You Like EPS Growth Then Check Out Artesian Resources (NASDAQ:ARTN.A) Before It's Too Late
May 26Is Artesian Resources Corporation (NASDAQ:ARTN.A) A Great Dividend Stock?
May 11Investors Met With Slowing Returns on Capital At Artesian Resources (NASDAQ:ARTN.A)
Apr 28Did You Participate In Any Of Artesian Resources' (NASDAQ:ARTN.A) Respectable 84% Return?
Mar 16Does Artesian Resources (NASDAQ:ARTN.A) Have A Healthy Balance Sheet?
Mar 03I Built A List Of Growing Companies And Artesian Resources (NASDAQ:ARTN.A) Made The Cut
Feb 18Should Artesian Resources Corporation (NASDAQ:ARTN.A) Be Part Of Your Dividend Portfolio?
Feb 05Financial Position Analysis
Short Term Liabilities: ARTN.A's short term assets ($25.2M) do not cover its short term liabilities ($25.6M).
Long Term Liabilities: ARTN.A's short term assets ($25.2M) do not cover its long term liabilities ($541.6M).
Debt to Equity History and Analysis
Debt Level: ARTN.A's net debt to equity ratio (72.3%) is considered high.
Reducing Debt: ARTN.A's debt to equity ratio has reduced from 94.9% to 73.9% over the past 5 years.
Debt Coverage: ARTN.A's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: ARTN.A's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/08 21:36 |
| End of Day Share Price | 2025/07/08 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Artesian Resources Corporation is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Parker | Baird |
| Ryan Connors | Boenning & Scattergood, Inc. |
| Michael Gaugler | Janney Montgomery Scott LLC |