Artesian Gross Profit from 2010 to 2024

ARTNA Stock

USD 34.74 0.17 0.49%

Artesian Resources' Gross Profit is increasing over the years with slightly volatile fluctuation. Gross Profit is expected to dwindle to about 38.6 M. Gross Profit is the profit Artesian Resources makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1995-03-31

Previous Quarter

10.7 M

Current Value

15.8 M

Quarterly Volatility

3.8 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Artesian Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Artesian Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.5 M, Interest Expense of 6.6 M or Selling General Administrative of 68.2 M, as well as many indicators such as Price To Sales Ratio of 2.26, Dividend Yield of 0.0386 or PTB Ratio of 1.42. Artesian financial statements analysis is a perfect complement when working with Artesian Resources Valuation or Volatility modules.

Check out the analysis of Artesian Resources Correlation against competitors.

For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.

Latest Artesian Resources' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Artesian Resources over the last few years. Gross profit is a required income statement account that reflects total revenue of Artesian Resources minus its cost of goods sold. It is profit before Artesian Resources operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Artesian Resources' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Artesian Resources' overall financial position and show how it may be relating to other accounts over time.

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Last Reported 48.27 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Artesian Gross Profit Regression Statistics

	Arithmetic Mean	38,692,006
	Geometric Mean	38,022,036
	Coefficient Of Variation	18.15
	Mean Deviation	5,239,860
	Median	39,202,000
	Standard Deviation	7,021,035
	Sample Variance	49.3T
	Range	25.7M
	R-Value	0.86
	Mean Square Error	14.2T
	R-Squared	0.73
	Significance	0.000047
	Slope	1,343,799
	Total Sum of Squares	690.1T

Artesian Gross Profit History

	2024	38.6 M
	2023	48.2 M
	2022	48.3 M
	2021	45.5 M
	2020	44.5 M
	2019	41.1 M
	2018	39.2 M

Other Fundumenentals of Artesian Resources

Gross Profit Margin

Artesian Resources Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Property Plant Equipment	Good Will	Intangible Assets	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.77	0.74	0.96	0.76	0.83	0.84	1.0	0.67	0.11	0.8	0.93	0.99	0.39	-0.69	0.62	0.72	0.81	0.18	0.57	0.71	-0.16	0.31
Total Stockholder Equity	0.77		0.81	0.75	0.93	0.61	0.67	0.77	0.92	-0.24	0.64	0.78	0.79	0.68	-0.94	0.51	0.64	0.86	0.16	0.31	0.79	0.25	0.74
Current Deferred Revenue	0.74	0.81		0.77	0.59	0.41	0.62	0.72	0.63	-0.1	0.93	0.76	0.71	0.27	-0.66	0.26	0.29	0.51	0.08	0.27	0.4	0.01	0.29
Net Debt	0.96	0.75	0.77		0.74	0.73	0.78	0.96	0.64	0.25	0.79	0.96	0.94	0.37	-0.61	0.68	0.69	0.71	0.32	0.62	0.72	-0.25	0.27
Retained Earnings	0.76	0.93	0.59	0.74		0.75	0.63	0.77	0.9	-0.08	0.42	0.76	0.79	0.73	-0.91	0.64	0.77	0.92	0.2	0.49	0.93	0.13	0.75
Accounts Payable	0.83	0.61	0.41	0.73	0.75		0.65	0.85	0.57	0.14	0.46	0.67	0.83	0.33	-0.67	0.48	0.64	0.79	-0.04	0.67	0.69	-0.23	0.27
Net Receivables	0.84	0.67	0.62	0.78	0.63	0.65		0.84	0.74	-0.02	0.68	0.79	0.84	0.57	-0.6	0.49	0.65	0.71	0.12	0.32	0.61	0.09	0.36
Total Liab	1.0	0.77	0.72	0.96	0.77	0.85	0.84		0.67	0.14	0.77	0.93	0.99	0.41	-0.69	0.64	0.73	0.82	0.19	0.6	0.74	-0.17	0.31
Total Current Assets	0.67	0.92	0.63	0.64	0.9	0.57	0.74	0.67		-0.29	0.44	0.71	0.7	0.86	-0.87	0.55	0.71	0.84	0.2	0.19	0.84	0.41	0.84
Short Term Debt	0.11	-0.24	-0.1	0.25	-0.08	0.14	-0.02	0.14	-0.29		0.01	0.04	0.06	-0.44	0.28	0.1	-0.11	-0.18	0.11	0.73	-0.03	-0.9	-0.51
Common Stock	0.8	0.64	0.93	0.79	0.42	0.46	0.68	0.77	0.44	0.01		0.75	0.76	0.06	-0.5	0.22	0.25	0.45	0.03	0.32	0.26	-0.15	0.04
Long Term Debt	0.93	0.78	0.76	0.96	0.76	0.67	0.79	0.93	0.71	0.04	0.75		0.93	0.52	-0.62	0.77	0.8	0.74	0.43	0.41	0.77	-0.02	0.41
Property Plant Equipment	0.99	0.79	0.71	0.94	0.79	0.83	0.84	0.99	0.7	0.06	0.76	0.93		0.45	-0.73	0.66	0.77	0.87	0.2	0.53	0.77	-0.09	0.39
Good Will	0.39	0.68	0.27	0.37	0.73	0.33	0.57	0.41	0.86	-0.44	0.06	0.52	0.45		-0.64	0.58	0.75	0.69	0.3	-0.07	0.8	0.62	0.89
Intangible Assets	-0.69	-0.94	-0.66	-0.61	-0.91	-0.67	-0.6	-0.69	-0.87	0.28	-0.5	-0.62	-0.73	-0.64		-0.39	-0.57	-0.9	0.0	-0.32	-0.75	-0.27	-0.73
Net Tangible Assets	0.62	0.51	0.26	0.68	0.64	0.48	0.49	0.64	0.55	0.1	0.22	0.77	0.66	0.58	-0.39		0.9	0.65	0.79	0.26	0.83	0.09	0.51
Long Term Debt Total	0.72	0.64	0.29	0.69	0.77	0.64	0.65	0.73	0.71	-0.11	0.25	0.8	0.77	0.75	-0.57	0.9		0.83	0.49	0.26	0.93	0.24	0.66
Capital Surpluse	0.81	0.86	0.51	0.71	0.92	0.79	0.71	0.82	0.84	-0.18	0.45	0.74	0.87	0.69	-0.9	0.65	0.83		0.17	0.38	0.89	0.22	0.72
Deferred Long Term Liab	0.18	0.16	0.08	0.32	0.2	-0.04	0.12	0.19	0.2	0.11	0.03	0.43	0.2	0.3	0.0	0.79	0.49	0.17		-0.12	0.41	0.14	0.28
Short Long Term Debt	0.57	0.31	0.27	0.62	0.49	0.67	0.32	0.6	0.19	0.73	0.32	0.41	0.53	-0.07	-0.32	0.26	0.26	0.38	-0.12		0.42	-0.78	-0.13
Net Invested Capital	0.71	0.79	0.4	0.72	0.93	0.69	0.61	0.74	0.84	-0.03	0.26	0.77	0.77	0.8	-0.75	0.83	0.93	0.89	0.41	0.42		0.16	0.77
Net Working Capital	-0.16	0.25	0.01	-0.25	0.13	-0.23	0.09	-0.17	0.41	-0.9	-0.15	-0.02	-0.09	0.62	-0.27	0.09	0.24	0.22	0.14	-0.78	0.16		0.68
Capital Stock	0.31	0.74	0.29	0.27	0.75	0.27	0.36	0.31	0.84	-0.51	0.04	0.41	0.39	0.89	-0.73	0.51	0.66	0.72	0.28	-0.13	0.77	0.68

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About Artesian Resources Financial Statements

Artesian Resources stakeholders use historical fundamental indicators, such as Artesian Resources' Gross Profit, to determine how well the company is positioned to perform in the future. Although Artesian Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Artesian Resources' assets and liabilities are reflected in the revenues and expenses on Artesian Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Artesian Resources. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	48.2 M	38.6 M
Gross Profit Margin	0.49	0.58

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When determining whether Artesian Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Artesian Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Artesian Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Artesian Resources Stock:

How To Invest In Artesian

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Is Artesian Stock a good investment?

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What is Artesian Resources' Net Worth?

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Largest Water Utilities Companies

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Largest Utilities - Regulated Water Companies

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Check out the analysis of Artesian Resources Correlation against competitors.

For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.

You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Is Water Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Artesian Resources. If investors know Artesian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Artesian Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.347

Dividend Share

1.17

Earnings Share

1.95

Revenue Per Share

10.266

Quarterly Revenue Growth

0.097

The market value of Artesian Resources is measured differently than its book value, which is the value of Artesian that is recorded on the company's balance sheet. Investors also form their own opinion of Artesian Resources' value that differs from its market value or its book value, called intrinsic value, which is Artesian Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Artesian Resources' market value can be influenced by many factors that don't directly affect Artesian Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Artesian Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Artesian Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Artesian Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Artesian Gross Profit from 2010 to 2024

Latest Artesian Resources' Gross Profit Growth Pattern

Artesian Gross Profit Regression Statistics

Artesian Gross Profit History

Other Fundumenentals of Artesian Resources

Artesian Resources Gross Profit component correlations

About Artesian Resources Financial Statements

Also Currently Popular

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