ARTNA - Intrinsic Value and Financial Analysis - Artesian Resources Corporation

Artesian Resources Corporation ARTNA

Utilities - Regulated Water - NASDAQ - US

Watchlist

$ 34.09

1.28 %

$ 351 M

Market Cap

17.48

P/E

BALANCE SHEET

767 M ASSETS

Growth Rates

1Year 6.54%

3Years 8.93%

5Years 7.67%

7Years 7.88%

10Years 6.62%

536 M LIABILITIES

Growth Rates

1Year 0.86%

3Years 8.17%

5Years 7.33%

7Years 8.05%

10Years 6.64%

230 M EQUITY

Growth Rates

1Year 22.60%

3Years 10.79%

5Years 8.50%

7Years 7.48%

10Years 6.58%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition Artesian Resources Corporation

767 M ASSETS
536 M LIABILITIES

Current Assets	30.6 M
Cash & Short-Term Investments	2.5 M
Receivables	16.6 M
Other Current Assets	11.5 M
Non-Current Assets	736 M
Long-Term Investments	0
PP&E	718 M
Other Non-Current Assets	17.7 M

Current Liabilities	22.4 M
Accounts Payable	9.7 M
Short-Term Debt	2.26 M
Other Current Liabilities	10.5 M
Non-Current Liabilities	514 M
Long-Term Debt	179 M
Other Non-Current Liabilities	335 M

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996	Dec-1995
ASSETS
Cash & Cash Equivalents	2.5	1.3	92 K	28 K	0.6	0.3	1.0	0.2	0.2	0.2	0.4	0.6	0.3	0.2	0.5	2.9	2.5	1.4	1.4	1.2	1.1	0.9	1.1	0.4	100 K	100 K	100 K	100 K	100 K
Short Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Receivables	16.6	16.7	8.9	12.0	8.1	10.4	12.7	9.3	9.3	11.4	6.7	8.7	8.6	8.7	9.0	7.8	8.7	6.1	6.7	6.2	5.2	9.3	4.8	4.1	4.3	4.0	4.0	3.6	3.4
Inventory	6.0	4.7	1.9	1.5	1.3	1.5	1.5	1.6	1.7	1.9	1.5	1.4	1.5	1.2	1.2	1.1	1.2	1.1	1.0	0.9	0.8	0.7	0.6	0.7	0.7	0.6	0.6	0.6	0.6
Other Current Assets	5.6	5.1	5.0	4.1	4.2	4.0	3.8	3.5	3.2	3.1	4.7	2.8	2.8	3.9	2.5	1.6	1.9	1.7	1.4	1.3	2.1	1.1	1.0	1.2	0.8	0.9	1.1	1.1	0.8
Total Current Assets	30.6	27.8	19.2	17.6	14.2	16.1	19.0	14.6	14.4	16.6	13.3	13.5	13.2	14.0	13.2	13.5	14.3	10.2	10.4	9.7	9.2	11.9	7.5	6.4	6.0	5.6	5.8	5.4	4.9
PP&E	718.5	672.2	594.6	563.8	535.0	502.5	464.4	429.4	409.6	397.8	383.1	370.6	357.6	349.9	338.1	327.7	274.4	253.5	227.6	212.2	187.9	167.6	152.7	134.3	122.8	110.1	98.0	89.9	86.2
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Goodwill	1.9	1.9	0	0.6	0	0	0	0	0	0	0	0	0	0.4	0.4	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0	10.3	4.8	4.4	4.0	3.6	3.4	3.2	3.0	0	2.7	2.5	0	6.0	1.8	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	15.8	(47.1)	(41.7)	(43.5)	(41.1)	(43.9)	(42.9)	(61.5)	6.8	6.9	6.6	6.8	7.1	0.7	4.8	7.2	5.5	5.3	5.9	5.6	19.2	(4.5)	3.4	(0.5)	0.9	3.7	4.1	4.4	5.7
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	766.8	719.8	625.2	593.2	560.4	529.8	494.6	451.0	431.6	422.2	403.8	391.7	378.7	371.5	358.9	348.7	294.6	269.4	243.9	227.4	216.3	183.1	163.5	144.4	132.5	119.4	107.9	99.7	96.8
LIABILITIES
Accounts Payable	9.7	10.9	10.2	6.3	8.2	8.2	8.9	5.5	4.9	3.8	4.1	3.5	2.8	3.4	3.7	4.6	3.2	2.8	2.8	2.2	4.0	3.1	4.7	3.2	4.0	3.1	2.6	2.9	3.4
Short Term Debt	2.3	19.7	28.3	28.7	9.2	17.8	11.3	8.5	12.3	19.9	12.2	12.6	13.8	30.6	26.7	21.8	1.2	0.3	2.1	10.3	12.8	3.6	17.4	3.1	8.8	7.8	1.2	0.4	16.5
Other Current Liabilities	7.5	8.5	6.4	6.5	5.9	11.8	7.4	4.5	4.5	5.8	8.4	8.6	7.1	7.9	6.2	8.0	7.4	16.0	7.4	6.0	2.9	2.7	3.3	3.2	3.2	3.2	2.4	2.4	1.9
Total Current Liabilities	22.4	44.1	47.7	43.7	25.6	37.7	28.5	19.3	23.2	30.2	25.6	24.9	24.7	41.9	36.5	34.4	11.8	19.1	12.2	18.4	19.7	9.5	25.5	9.5	16.5	14.1	6.2	5.7	21.8
Long Term Debt	178.8	176.1	143.7	142.8	144.6	115.9	105.6	102.3	103.6	105.0	105.5	106.3	106.5	104.5	105.3	107.6	91.8	92.1	92.4	82.4	80.6	64.0	0	0	34.5	32.1	32.1	26.3	17.6
Deferred Tax Income	58.8	55.0	53.6	50.8	52.7	55.6	54.7	69.0	62.7	57.6	50.3	46.5	42.4	38.2	34.8	30.2	25.9	22.3	18.6	15.6	12.6	8.9	6.6	5.2	3.8	2.5	1.2	1.0	1.1
Other Liabilities	276.4	311.7	255.8	237.3	229.9	223.0	213.9	121.3	108.9	103.8	100.6	95.8	92.2	90.7	89.7	88.7	79.9	74.1	(111.0)	(97.9)	(93.2)	(72.9)	97.9	102.1	(38.3)	42.7	(33.3)	40.9	0
Total Liabilities	536.4	531.9	447.2	423.8	400.1	376.6	348.0	312.0	299.3	296.6	282.0	273.5	265.7	276.4	267.7	260.9	209.5	207.6	186.0	172.4	163.6	131.8	128.9	111.3	99.7	91.0	80.7	73.1	80.2
EQUITY
Common Stock	10.3	9.5	9.4	9.4	9.3	9.2	9.2	9.1	9.1	8.9	8.8	8.7	8.6	7.6	7.5	7.4	7.3	6.1	4.0	4.0	3.9	2.6	2.0	2.0	2.0	1.8	1.8	1.7	1.0
Retained Earnings	76.7	71.3	63.6	56.6	49.2	43.4	37.9	32.4	27.6	24.1	22.2	21.1	18.1	17.5	15.6	13.7	12.5	10.7	10.3	8.8	7.6	8.3	7.0	6.1	5.9	7.8	6.9	6.6	6.3
Other Accumulative Comprehensive Income/Loss	0	0	0	0	0	(126.8)	(117.6)	(110.3)	(105.3)	(98.4)	(89.7)	(83.8)	(0.4)	(0.4)	(64.9)	(58.8)	(53.1)	(48.1)	(43.3)	(39.3)	(35.9)	(34.3)	(31.5)	(29.3)	(26.7)	0.3	0.3	(1.5)	(2.1)
Total Equity	230.4	187.9	178.0	169.4	160.3	153.3	146.6	139.0	132.3	125.6	121.8	118.2	113.0	95.1	91.2	87.8	85.1	61.8	57.8	54.9	52.7	51.3	34.6	33.1	32.8	28.4	27.2	26.6	16.6
Total Liabilities and Equity	766.8	719.8	625.2	593.2	560.4	529.8	494.6	451.0	431.6	422.2	403.8	391.7	378.7	371.5	358.9	348.7	294.6	269.4	243.9	227.4	216.3	183.1	163.5	144.4	132.5	119.4	107.9	99.7	96.8
SHARES OUTSTANDING
Common Shares Outstanding	10.0	9.5	9.4	9.3	9.3	9.2	9.2	9.1	9.0	8.9	8.8	8.7	8.1	7.6	7.5	7.4	6.8	6.1	6.0	5.9	5.8	5.3	4.6	4.5	4.4	4.0	4.0	3.4	2.3

Balance Sheet

Premium Plan

Unlimited Plan