Artesian Historical Income Statement
| ARTNA Stock | USD 34.74 0.17 0.49% |
Historical analysis of Artesian Resources income statement accounts such as Interest Expense of 6.6 M, Selling General Administrative of 68.2 M or Total Revenue of 63.5 M can show how well Artesian Resources performed in making a profits. Evaluating Artesian Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Artesian Resources's future profits or losses.
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 |
About Artesian Income Statement Analysis
Artesian Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Artesian Resources shareholders. The income statement also shows Artesian investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Artesian Resources Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Artesian Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Artesian Resources. It is also known as Artesian Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Artesian Resources' income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 21.7 M, whereas Depreciation And Amortization is forecasted to decline to about 7.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.6M | 8.5M | 9.2M | 6.6M | Depreciation And Amortization | 11.9M | 12.6M | 13.3M | 7.5M |
Artesian Resources income statement Correlations
Click cells to compare fundamentals
Artesian Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Artesian Resources income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 16.6M | 11.1M | 11.9M | 12.6M | 13.3M | 7.5M | |
| Interest Expense | 7.0M | 7.6M | 7.6M | 8.5M | 9.2M | 6.6M | |
| Selling General Administrative | 47.7M | 49.0M | 50.9M | 56.5M | 65.0M | 68.2M | |
| Total Revenue | 83.6M | 88.1M | 90.9M | 98.9M | 98.9M | 63.5M | |
| Gross Profit | 41.1M | 44.5M | 45.5M | 48.3M | 48.2M | 38.6M | |
| Other Operating Expenses | 58.5M | 60.2M | 62.8M | 69.1M | 76.4M | 44.9M | |
| Operating Income | 19.9M | 22.3M | 22.3M | 23.9M | 22.4M | 15.9M | |
| Ebit | 19.9M | 28.0M | 28.0M | 29.8M | 28.8M | 18.6M | |
| Ebitda | 36.5M | 39.1M | 39.9M | 42.4M | 42.1M | 26.1M | |
| Total Operating Expenses | 16.0M | 16.5M | 17.5M | 18.5M | 25.8M | 16.0M | |
| Income Before Tax | 20.1M | 22.5M | 22.6M | 23.9M | 23.0M | 14.0M | |
| Total Other Income Expense Net | 181K | 206K | 270K | (30K) | 601K | 443.3K | |
| Net Income | 14.9M | 16.8M | 16.8M | 18.0M | 16.7M | 9.0M | |
| Income Tax Expense | 5.2M | 5.7M | 5.7M | 5.9M | 6.3M | 4.9M | |
| Cost Of Revenue | 42.5M | 43.6M | 45.4M | 50.6M | 50.6M | 34.9M | |
| Net Income Applicable To Common Shares | 14.9M | 16.8M | 16.8M | 18.0M | 20.7M | 21.7M | |
| Net Income From Continuing Ops | 21.9M | 24.4M | 14.7M | 15.4M | 15.5M | 18.2M | |
| Tax Provision | 5.2M | 5.7M | 5.7M | 5.9M | 6.1M | 5.1M | |
| Net Interest Income | (7.0M) | (7.6M) | (7.6M) | (8.5M) | (9.3M) | (9.7M) | |
| Reconciled Depreciation | 10.8M | 11.1M | 11.9M | 12.6M | 13.2M | 12.5M |
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.