Artesian Resources Balance Sheet - Annual (NASDAQ:ARTNA)

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$36.54 $0.55 (1.48%) ARTNA stock closing price Aug 15, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Artesian Resources stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Artesian Resources stock analysis. A company releases its balance sheet every year along with its annual results. The balance sheet shows total liabilities of $347.99M and shareholders equity of $146.64M. Artesian Resources revenue and Artesian Resources operating cash flow are important in understanding the financial capacity of the company.

View latest 10 year balance sheet data to check Artesian Resources financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash---------2.89M
Marketable Securities----------
Receivables12.67M9.34M9.31M11.44M8.12M8.72M8.63M8.7M9.02M7.82M
Inventory1.51M1.56M1.71M1.89M1.48M1.35M1.48M1.24M1.22M1.14M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets3.83M3.49M3.2M3.06M3.22M2.78M2.82M3.9M2.52M1.61M
Total Current Assets
18.98M14.63M14.44M16.64M13.25M13.48M13.25M14.03M13.24M13.47M
Property Plant & Equipment582.01M539.67M514.84M496.22M472.92M454.42M435.03M419.49M403.04M386.46M
Accumulated Depreciation117.63M110.29M105.28M98.4M89.82M83.78M77.42M69.62M64.9M58.78M
Net Property Plant & Equipment
464.38M429.38M409.56M397.82M383.1M370.64M357.61M349.86M338.14M327.67M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges11.27M6.95M7.62M7.74M7.47M7.58M7.87M7.63M7.51M7.55M
Intangibles----------
Deposits & Other Assets----------
Total Assets
494.63M450.97M431.62M422.21M403.83M391.71M378.73M371.52M358.89M348.7M
Notes Payable9.61M7.13M10.48M18.49M10.33M10.71M11.74M29.07M25.12M20.28M
Accounts Payable9.15M5.56M5.46M3.92M4.88M4.24M3.14M4.14M4.72M5.34M
Current Portion Long-Term Debt1.34M1.31M1.28M1.24M1.13M1.11M1.71M1.54M1.53M1.51M
Current Portion Capital Leases----------
Accrued Expenses4.69M2.3M2.28M2.94M4.76M4.56M3.47M3.31M2.04M4.11M
Income Taxes Payable----------
Other Current Liabilities3.65M3M2.88M2.77M3.61M3.45M3.8M3.35M2.66M2.75M
Total Current Liabilities
28.46M19.32M23.21M30.19M25.56M24.93M24.66M41.88M36.52M34.37M
Mortgages----------
Deferred Taxes/Income54.66M68.99M62.71M57.62M50.34M46.5M42.37M38.22M34.76M30.23M
Convertible Debt----------
Long-Term Debt105.58M102.33M103.64M104.95M105.51M106.25M106.53M105.06M106.02M107.55M
Non-Current Capital Leases----------
Other Long-Term Liabilities159.28M121.29M109.71M103.83M100.58M95.83M92.16M91.21M90.41M88.74M
Total Liabilities
347.99M311.95M299.29M296.6M281.99M273.53M265.74M276.38M267.72M260.91M
Minority Interest----------
Preferred Stock----------
Common Stock Net9.21M9.12M9.05M8.91M8.83M8.71M8.61M7.63M7.5M7.4M
Capital Surplus99.52M97.48M95.63M92.54M90.84M88.39M86.31M69.98M68.09M66.69M
Retained Earnings37.9M32.41M27.64M24.14M22.16M21.07M18.07M17.52M15.57M13.69M
Treasury Stock----------
Other Liabilities----------
Shareholders Equity146.64M139.02M132.33M125.6M121.83M118.18M112.99M95.14M91.17M87.79M
Total Liabilities & Shareholders Equity494.63M450.97M431.62M422.21M403.83M391.71M378.73M371.52M358.89M348.7M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Artesian Resources stock price by looking at Artesian Resources historical stock prices. One can compare PE with industry average by looking at the Artesian Resources PE ratio chart. The common balance sheet items are:

  • Assets: ARTNA total assets, which was at $494.63M for 2017 is a balance sheet item representing value of what Artesian Resources owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Artesian Resources is $347.99M. Shareholders' equity comes under liabilities as it is money the company owes the holders of ARTNA stock.

Artesian Resources Balance Sheet - Key Ratios

Current ratio
0.41
Debt to equity ratio
0.86
Asset turnover ratio
0.16
Receivables turnover
7.66
Price to book ratio
2.35