Artesian Resources Financial Health
How is Artesian Resources's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ARTN.A's short term assets ($22.9M) do not cover its short term liabilities ($32.9M).
Long Term Liabilities: ARTN.A's short term assets ($22.9M) do not cover its long term liabilities ($482.1M).
Debt to Equity History and Analysis
Debt Level: ARTN.A's net debt to equity ratio (98.7%) is considered high.
Reducing Debt: ARTN.A's debt to equity ratio has increased from 79.4% to 98.8% over the past 5 years.
Debt Coverage: ARTN.A's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: ARTN.A's interest payments on its debt are well covered by EBIT (3.8x coverage).