Artesian Historical Balance Sheet

ARTNA Stock  USD 34.57  0.08  0.23%   
Trend analysis of Artesian Resources balance sheet accounts such as Short Long Term Debt Total of 119.2 M, Other Current Liabilities of 7.6 M or Total Current Liabilities of 26.6 M provides information on Artesian Resources' total assets, liabilities, and equity, which is the actual value of Artesian Resources to its prevalent stockholders. By breaking down trends over time using Artesian Resources balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Artesian Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Artesian Resources is a good buy for the upcoming year.

Artesian Resources Inventory

6.28 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artesian Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.

About Artesian Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Artesian Resources at a specified time, usually calculated after every quarter, six months, or one year. Artesian Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Artesian Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Artesian currently owns. An asset can also be divided into two categories, current and non-current.

Artesian Resources Balance Sheet Chart

At present, Artesian Resources' Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 26.6 M, whereas Total Assets are forecasted to decline to about 384.9 M.

Total Assets

Total assets refers to the total amount of Artesian Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Artesian Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Artesian Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Artesian Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Artesian Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Artesian Resources current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artesian Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.At present, Artesian Resources' Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 26.6 M, whereas Total Assets are forecasted to decline to about 384.9 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total172.0M198.3M181.1M119.2M
Total Assets625.2M719.8M766.8M384.9M

Artesian Resources balance sheet Correlations

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0.520.58-0.080.320.520.30.630.470.57-0.170.53-0.49-0.170.350.280.320.390.060.47-0.120.560.410.270.80.3
0.770.74-0.560.320.770.810.750.930.610.710.77-0.110.710.670.640.70.990.80.850.20.770.960.92-0.240.64
1.00.94-0.540.520.770.750.960.750.820.331.0-0.420.330.830.830.820.80.460.650.221.00.750.660.120.81
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0.830.66-0.180.570.610.820.410.730.750.330.83-0.570.330.650.470.490.670.40.590.060.850.690.570.140.46
0.350.26-0.06-0.170.710.330.340.270.690.330.340.341.00.490.150.170.70.930.68-0.030.350.750.86-0.660.12
1.00.94-0.530.530.771.00.740.960.760.830.34-0.410.340.840.820.820.810.470.650.211.00.750.660.120.8
-0.41-0.320.25-0.49-0.11-0.42-0.21-0.36-0.21-0.570.34-0.410.34-0.21-0.31-0.35-0.170.28-0.01-0.2-0.42-0.090.05-0.4-0.33
0.350.26-0.06-0.170.710.330.340.270.690.331.00.340.340.490.150.170.70.930.68-0.030.350.750.86-0.660.12
0.840.79-0.410.350.670.830.620.780.630.650.490.84-0.210.490.70.680.710.60.570.310.840.660.74-0.020.68
0.820.85-0.780.280.640.830.910.80.430.470.150.82-0.310.150.70.990.630.230.340.590.790.50.45-0.011.0
0.820.85-0.80.320.70.820.950.80.490.490.170.82-0.350.170.680.990.680.250.360.610.790.540.50.00.99
0.810.78-0.520.390.990.80.790.80.950.670.70.81-0.170.70.710.630.680.80.870.140.810.970.93-0.180.63
0.480.43-0.170.060.80.460.420.450.80.40.930.470.280.930.60.230.250.80.83-0.070.490.870.94-0.440.2
0.660.65-0.280.470.850.650.520.690.920.590.680.65-0.010.680.570.340.360.870.83-0.260.680.940.88-0.010.32
0.210.15-0.44-0.120.20.220.50.09-0.070.06-0.030.21-0.2-0.030.310.590.610.14-0.07-0.260.170.00.09-0.220.6
1.00.94-0.490.560.771.00.720.960.770.850.351.0-0.420.350.840.790.790.810.490.680.170.770.670.140.77
0.750.72-0.390.410.960.750.670.750.970.690.750.75-0.090.750.660.50.540.970.870.940.00.770.95-0.160.48
0.670.62-0.350.270.920.660.630.640.90.570.860.660.050.860.740.450.50.930.940.880.090.670.95-0.290.44
0.110.210.060.8-0.240.12-0.10.25-0.080.14-0.660.12-0.4-0.66-0.02-0.010.0-0.18-0.44-0.01-0.220.14-0.16-0.290.01
0.80.84-0.80.30.640.810.930.790.420.460.120.8-0.330.120.681.00.990.630.20.320.60.770.480.440.01
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Artesian Resources Account Relationship Matchups

Artesian Resources balance sheet Accounts

201920202021202220232024 (projected)
Total Assets560.4M593.2M625.2M719.8M766.8M384.9M
Short Long Term Debt Total153.8M171.3M172.0M198.3M181.1M119.2M
Other Current Liab6.2M6.5M6.4M8.5M7.5M7.6M
Total Current Liabilities25.6M43.7M47.7M44.1M22.4M26.6M
Total Stockholder Equity160.3M169.4M178.0M187.9M230.4M241.9M
Property Plant And Equipment Net535.0M563.8M594.6M672.2M718.5M361.6M
Current Deferred Revenue2.0M2.1M2.3M2.5M3.0M3.1M
Net Debt153.2M171.3M171.9M197.0M178.6M115.6M
Retained Earnings49.2M56.6M63.6M71.3M76.7M80.6M
Accounts Payable8.2M6.3M10.2M10.9M9.7M5.3M
Cash596K28K92K1.3M2.5M2.6M
Non Current Assets Total546.2M575.6M606.1M692.0M736.2M370.5M
Non Currrent Assets Other(41.1M)(43.5M)(41.7M)(47.1M)15.8M16.6M
Cash And Short Term Investments596K28K92K1.3M2.5M2.6M
Net Receivables8.1M12.0M8.9M16.7M16.6M9.0M
Common Stock Total Equity9.3M9.4M9.4M9.5M10.9M6.8M
Common Stock Shares Outstanding9.3M9.4M9.4M9.5M10.0M7.8M
Liabilities And Stockholders Equity560.4M593.2M625.2M719.8M766.8M384.9M
Non Current Liabilities Total374.5M380.1M399.5M487.8M514.0M539.7M
Inventory1.3M1.5M1.9M4.7M6.0M6.3M
Other Current Assets2.3M4.1M5.0M5.1M5.6M5.8M
Other Stockholder Equity101.8M103.5M105.0M107.1M143.4M118.8M
Total Liab400.1M423.8M447.2M531.9M536.4M278.2M
Property Plant And Equipment Gross535.0M563.8M754.9M846.2M904.7M949.9M
Total Current Assets14.2M17.6M19.2M27.8M30.6M32.1M
Short Term Debt9.2M28.7M28.3M19.7M2.3M2.1M
Common Stock9.3M9.4M9.4M9.5M10.3M6.9M
Other Liab229.9M237.3M256.2M311.7M358.5M376.4M
Other Assets11.1M575.6M15.6M17.8M20.5M36.4M
Long Term Debt144.2M142.3M143.3M175.6M178.3M119.8M
Property Plant Equipment530.7M559.6M590.4M668.0M768.2M396.5M
Good Will288K623K0.01.9M2.2M2.3M
Net Tangible Assets453.9M472.0M497.9M587.9M676.0M369.2M
Retained Earnings Total Equity49.2M56.6M63.6M71.3M82.0M42.8M
Long Term Debt Total144.2M142.3M143.3M175.6M202.0M140.2M
Capital Surpluse101.8M103.5M105.0M107.1M123.2M107.1M
Deferred Long Term Liab52.7M50.8M53.6M55.0M63.2M45.0M
Non Current Liabilities Other177.6M186.9M202.7M257.2M247.9M162.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artesian Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.