Artesian Resources Balance Sheet Health
Financial Health criteria checks 4/6
Artesian Resources has a total shareholder equity of $252.8M and total debt of $186.0M, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are $866.9M and $614.1M respectively. Artesian Resources's EBIT is $36.6M making its interest coverage ratio 4.2. It has cash and short-term investments of $4.3M.
Key information
73.58%
Debt to equity ratio
US$186.01m
Debt
| Interest coverage ratio | 4.2x |
| Cash | US$4.26m |
| Equity | US$252.80m |
| Total liabilities | US$614.14m |
| Total assets | US$866.94m |
Financial Position Analysis
Short Term Liabilities: ARTN.A's short term assets ($26.5M) exceed its short term liabilities ($26.2M).
Long Term Liabilities: ARTN.A's short term assets ($26.5M) do not cover its long term liabilities ($588.0M).
Debt to Equity History and Analysis
Debt Level: ARTN.A's net debt to equity ratio (71.9%) is considered high.
Reducing Debt: ARTN.A's debt to equity ratio has reduced from 96.8% to 73.6% over the past 5 years.
Debt Coverage: ARTN.A's debt is well covered by operating cash flow (20.4%).
Interest Coverage: ARTN.A's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/16 13:22 |
| End of Day Share Price | 2026/06/16 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 3 analysts. 0 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 |
| Michael Gaugler | Brean Capital Historical (Janney Montgomery) |
| Richard Verdi | Sturdivant & Co., Inc. |