ARTNA

Artesian Resources Corporation

$33.84

-0.38

(-1.11%)

Exchange:	NASDAQ
Market Cap:	349.589M
Shares Outstanding:	2.333M

Overview

Earnings

Financials

Valuation

Chart

About The Company

Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2021, it served approximately 91,700 customers in Delaware, 2,500 customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.

Click to read more…

Revenue Segmentation

Error loading geo segmentation data: No data found for the specified symbol.

EPS

View full analyst estimates

Earnings Call

No transcript or summary available for this symbol.

Income Statement

Balance Sheet

Cash Flow Statement

Analyst Estimates

Income Statement

(* All numbers are in thousands)

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
? Revenue	77,024	79,089	82,235	80,411	83,595	88,141	90,859	98,897	98,861	107,952
? Cost Of Revenue	38,453	38,260	41,054	41,209	42,504	43,615	45,356	50,622	50,633	54,539
? Gross Profit	38,571	40,829	41,181	39,202	41,091	44,526	45,503	48,275	48,228	53,413
? Research And Development Expenses	0	0	0	0	0	0	0	0	0	0
? General And Administrative Expenses	0	0	0	0	0	0	0	0	0	0
? Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0
? Operating Expenses	13,205	13,679	14,286	15,256	15,985	16,547	17,472	18,491	25,782	27,262
? Net Interest Income	0	0	0	0	0	0	0	0	0	0
? Interest Income	0	0	0	0	7,024	7,619	7,592	8,502	0	0
? Interest Expense	6,998	6,644	6,177	6,252	7,024	7,619	7,592	8,502	9,156	8,779
? Depreciation And Amortization	8,837	9,188	9,555	10,288	10,803	11,143	11,885	12,620	13,335	13,629
? EBITDA	34,203	36,338	36,450	34,234	35,909	39,122	39,916	42,404	42,129	50,117
? EBIT
? Operating Income	17,582	18,819	19,600	18,955	19,925	22,295	22,294	23,906	22,446	26,151
? Income Before Tax	19,089	21,285	21,278	19,269	20,106	22,501	22,564	23,876	23,047	20,394
? Income Tax Expense	7,784	8,331	7,295	4,991	5,181	5,684	5,737	5,878	6,348	0
? Net Income From Continuing Operations
? Net Income	11,305	12,954	13,983	14,278	14,925	16,817	16,827	17,998	16,699	20,394
? EPS (Earnings Per Share)	1.260	1.420	1.520	1.550	1.610	1.800	1.790	1.900	1.670	1.980
? EPS Diluted	1.260	1.410	1.510	1.540	1.600	1.800	1.790	1.900	1.670	1.980
? Weighted Average Shares Outstanding	8,960	9,098	9,175	9,239	9,277	9,327	9,394	9,462	10,018	10,294
? Weighted Average Shares Outstanding Diluted	9,005	9,161	9,242	9,293	9,326	9,369	9,426	9,481	10,022	10,296
	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD

Balance Sheet

(* All numbers are in thousands)

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
? Cash And Cash Equivalents	209	226	952	293	596	28	92	1,309	2,505	1,147
? Short Term Investments	0	0	0	0	0	0	0	0	0	0
? Cash And Short Term Investments	209	226	952	293	596	28	92	1,309	2,505	1,147
? Net Receivables	9,313	9,349	12,677	10,372	8,143	11,957	8,863	16,729	16,562.999	11,339
? Accounts Receivables
? Inventory	1,713	1,564	1,519	1,459	1,264	1,535	1,933	4,702	5,983	0
? Total Current Assets	14,444	14,635	18,985	16,118	14,207	17,619	19,160	27,804	30,617	24,528
? Property Plant Equipment Net	409,562	429,383	464,384	502,527	535,013	563,817	594,633	672,238	718,483	4,017
? Goodwill	0	0	0	0	0	623	0	1,939	1,939	1,939
? Intangible Assets	0	0	0	0	0	0	0	0	0	0
? Long Term Investments	3,023	3,198	3,358	3,610	3,968	4,374	4,850	10,342	0	0
? Total Non Current Assets	417,182	436,341	475,654	513,712	546,161	575,599	606,051	691,987	736,215	774,095
? Total Assets	431,626	450,976	494,639	529,830	560,368	593,218	625,211	719,791	766,832	798,623
? Account Payables	4,914	5,532	8,853	8,186.999	8,176	6,341	10,206	10,929	9,697	11,228
? Short Term Debt	12,322	8,478	11,258	17,784	9,221	28,675	28,324	19,726	2,253	2,198
? Deferred Revenue	704	864	969	1,044	1,970	2,060	2,273	2,489	2,983	3,347
? Total Current Liabilities	23,218	19,328	28,461	37,731	25,599	43,724	47,702	44,069	22,414	25,593
? Long Term Debt	103,647	102,331	105,587	115,862	144,606	142,765	143,699	176,085	178,810	808
? Deferred Revenue Non Current	1,113	1,022	23,201	22,813	22,246	21,681	21,260	54,552	0	0
? Deferred Tax Liabilities Non Current	62,718	68,997	54,663	55,562	52,749	50,786	53,589	54,991	58,804	52,674
? Total Non Current Liabilities	276,077	292,625	319,534	338,848	374,501	380,068	399,499	487,791	514,021	533,841
? Total Liabilities	299,295	311,953	347,995	376,579	400,100	423,792	447,201	531,860	536,435	559,434
? Treasury Stock
? Preferred Stock	0	0	0	0	0	0	0	0	0	0
? Common Stock	9,058	9,127	9,215	9,250	9,292	9,357	9,414	9,503	10,285	10,300
? Retained Earnings	27,642	32,416	37,903	43,362	49,165	56,606	63,607	71,286	76,743	84,969
? Additional Paid In Capital
? Total Stockholders Equity	132,331	139,023	146,644	153,251	160,268	169,426	178,010	187,931	230,397	239,189
? Total Equity	132,331	139,023	146,644	153,251	160,268	169,426	178,010	187,931	230,397	239,189
? Minority Interest	0	0	0	0	0	0	0	0	0	0
? Total Liabilities And Total Equity	431,626	450,976	494,639	529,830	560,368	593,218	625,211	719,791	766,832	798,623
? Total Investments	3,023	3,198	3,358	3,610	3,968	4,374	4,850	10,342	8,378	0
? Total Debt	115,423	110,777	116,541	133,529	153,812	171,335	171,993	198,262	181,063	2,571
? Net Debt	115,214	110,551	115,589	133,236	153,216	171,307	171,901	196,953	178,558	1,424
	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD

Cash Flow Statement

(* All numbers are in thousands)

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
? Net Income	11,305	12,954	13,983	14,278	14,925	16,817	16,827	17,998	16,699	16,699
? Depreciation And Amortization	8,837	9,188	9,555	10,288	10,803	11,143	11,885	12,620	13,335	13,335
? Deferred Income Tax	5,097	5,464	8,206	899	-2,813	-1,963	2,803	2,282	3,813	0
? Stock Based Compensation	183	92	423	192	181	178	193	152	254	254
? Change In Working Capital	3,026	2,227	3,839	3,911	-3,340	-5,036	158	-7,893	-1,454	0
? Accounts Receivables	-867	-292	-187	-87	-94	-2,324	94	-3,779	292	991
? Inventory	177	149	45	60	195	-271	-398	-2,769	0	1,705
? Accounts Payables	1,131	618	3,321	-666	-11	-1,835	3,547	-3,989	284	284
? Net Cash Provided By Operating Activities	28,285	29,779	35,779	29,141	18,870	20,358	31,310	24,265	31,851	31,851
? Investments In Property Plant And Equipment	-20,694	-28,251	-41,094	-49,053	-40,677	-34,277	-40,814	-48,483	-62,177	0
? Acquisitions Net	48	96	87	49	51	-5,741	90	-6,341	0	0
? Purchases Of Investments	0	0	0	0	0	0	0	0	0	0
? Sales Maturities Of Investments	0	0	0	0	0	0	0	0	0	0
? Net Cash Provided By Investing Activities	0	0	0	0	0	0	0	0	0	0
? Net Debt Issuance	0	0	0	0	0	0	0	0	0	0
? Long Term Net Debt Issuance	0	0	0	0	0	0	0	0	0	0
? Short Term Net Debt Issuance	0	0	0	0	0	0	0	0	0	0
? Net Stock Issuance	0	0	0	0	0	0	0	0	0	0
? Net Dividends Paid	-7,811	-8,180	-8,496	-8,819	-9,122	-9,376	-9,826	-10,319	-11,242	-11,242
? Common Dividends Paid
? Preferred Dividends Paid	0	0	0	0	0	0	0	0	0	0
? Net Cash Provided By Financing Activities	-7,673	-1,607	5,954	19,204	22,059	19,046	9,478	31,711	31,423	31,423
? Effect Of Forex Changes On Cash	0	0	0	0	0	0	0	0	0	0
? Net Change In Cash	-34	17	726	-659	303	-568	64	1,217	1,196	1,196
? Cash At End Of Period	209	226	952	293	596	28	92	1,309	2,505	2,505
? Cash At Beginning Of Period	243	209	226	952	293	596	28	92	1,309	1,309
? Operating Cash Flow	28,285	29,779	35,779	29,141	18,870	20,358	31,310	24,265	31,851	31,851
? Capital Expenditure	-20,694	-28,251	-41,094	-49,053	-40,677	-34,277	-40,814	-48,483	-62,177	0
? Free Cash Flow	7,591	1,528	-5,315	-19,912	-21,807	-13,919	-9,504	-24,218	-30,326	31,851
	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD

Analyst Estimates

(* All numbers are in thousands)

Fiscal Year	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Estimated Revenue (Low)	82,290	81,880	85,630	85,790	91,000	96,000	101,000	106,000	112,000	115,000
Estimated Revenue (High)	82,290	81,880	85,630	85,790	91,000	96,000	101,000	106,000	112,000	115,000
Estimated Revenue (Avg)	82,290	81,880	85,630	85,790	91,000	96,000	101,000	106,000	112,000	115,000
Estimated Ebitda (Low)	36,423.688	36,242.212	37,902.059	37,972.879	40,278.960	27,414.202	29,889.638	46,689.624	49,332.433	50,653.838
Estimated Ebitda (High)	36,423.688	36,242.212	37,902.059	37,972.879	40,278.960	41,121.303	44,834.456	46,689.624	49,332.433	50,653.838
Estimated Ebitda (Avg)	36,423.688	36,242.212	37,902.059	37,972.879	40,278.960	34,267.753	37,362.047	46,689.624	49,332.433	50,653.838
Estimated Net Income (Low)	14,331.461	15,634.321	16,035.201	17,839.161	17,738.941	12,754.006	13,600.489	19,768.321	20,592.002	21,518.642
Estimated Net Income (High)	14,331.461	15,634.321	16,035.201	17,839.161	17,738.941	19,131.011	20,400.736	19,768.321	20,592.002	21,518.642
Estimated Net Income (Avg)	14,331.461	15,634.321	16,035.201	17,839.161	17,738.941	15,942.509	17,000.613	19,768.321	20,592.002	21,518.642
Estimated SGA Expense (Low)	0	0	0	0	0	0	0	0	0	0
Estimated SGA Expense (High)	0	0	0	0	0	0	0	0	0	0
Estimated SGA Expense (Avg)	0	0	0	0	0	0	0	0	0	0
Estimated EPS (Avg)	1.430	1.560	1.600	1.780	1.770	1.930	1.630	1.920	2	2.090
Estimated EPS (High)	1.430	1.560	1.600	1.780	1.770	1.930	1.630	1.920	2	2.090
Estimated EPS (Low)	1.430	1.560	1.600	1.780	1.770	1.930	1.630	1.920	2	2.090
Number of Analysts (Estimated Revenue)	1	1	1	1	1	1	1	1	1	1
Number of Analysts (Estimated EPS)	1	1	1	1	1	1	1	1	1	1

Subscribe

Log in

Current Key Metrics

?	Revenue (TTM) :	107.952M	?	P/S (TTM) :	3.14
?	Net Income (TTM) :	20.394M	?	P/E (TTM) :	15.98
?	Enterprise Value (TTM) :	518.222M	?	EV/FCF (TTM) :	-42.37
?	Dividend Yield (TTM) :	0.04	?	Payout Ratio (TTM) :	0.57
?	ROE (TTM) :	0.09	?	ROIC (TTM) :	0.03
?	Net Debt (TTM) :	177.972M	?	Debt/Equity (TTM) :	0.74
?	P/B (TTM) :	1.42	?	Current Ratio (TTM) :	0.98

Forward P/E Ratios

?

Forward P/E calculated based on:

Forward P/E 1Y	Forward P/E 2Y	Forward P/E 3Y	Forward P/E 4Y	Forward P/E 5Y
23.93	21.94	21.39	19.22	19.33

SWOT Analysis

No SWOT analysis available for this stock.

ARTNA

-1.11

0.95

-0.47

9.41

8.25

-7.03

-2.39

Trading Metrics:

Open:	34.38	Previous Close:	34.22
Day Low:	33.7	Day High:	34.38
Year Low:	29.45	Year High:	41.29
Price Avg 50:	34.13	Price Avg 200:	33.58
Volume:	19203	Average Volume:	36843

ARTNA

Artesian Resources Corporation

About The Company

Revenue Segmentation

EPS

Earnings Call

Income Statement

Balance Sheet

Cash Flow Statement

Analyst Estimates

Current Key Metrics

Forward P/E Ratios

SWOT Analysis

Relevant news

Leave a Reply Cancel reply