ARTNA: Artesian Resources Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Artesian Resources Corp (ARTNA).
$325.62M Market Cap.
ARTNA Market Cap. (MRY)
ARTNA Shares Outstanding (MRY)
ARTNA Assets (MRY)
Total Assets
$798.62M
Total Liabilities
$559.43M
Total Investments
$0
ARTNA Income (MRY)
Revenue
$107.95M
Net Income
$20.39M
Operating Expense
$13.63M
ARTNA Cash Flow (MRY)
CF Operations
$36.82M
CF Investing
-$45.32M
CF Financing
$7.14M
ARTNA Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $798,623,000 (4.15%) | $766,832,000 (6.54%) | $719,791,000 (15.22%) | $624,715,000 (5.31%) |
Assets Current | $24,528,000 (-19.89%) | $30,617,000 (10.12%) | $27,804,000 (48.97%) | $18,664,000 (5.93%) |
Assets Non-Current | $774,095,000 (5.15%) | $736,215,000 (6.39%) | $691,987,000 (14.18%) | $606,051,000 (5.29%) |
Goodwill & Intangible Assets | $1,939,000 (0.00%) | $1,939,000 (0.00%) | $1,939,000 (0%) | $0 (0%) |
Shareholders Equity | $239,189,000 (3.82%) | $230,397,000 (22.60%) | $187,930,000 (5.57%) | $178,010,000 (5.07%) |
Property Plant & Equipment Net | $751,203,000 (4.55%) | $718,483,000 (6.88%) | $672,238,000 (13.05%) | $594,633,000 (5.47%) |
Cash & Equivalents | $1,147,000 (-54.21%) | $2,505,000 (91.37%) | $1,309,000 (1322.83%) | $92,000 (228.57%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $4,278,000 (-28.50%) | $5,983,000 (27.24%) | $4,702,000 (143.25%) | $1,933,000 (25.93%) |
Trade & Non-Trade Receivables | $13,200,000 (-10.59%) | $14,764,000 (-2.21%) | $15,097,000 (59.81%) | $9,447,000 (-16.60%) |
Trade & Non-Trade Payables | $11,228,000 (15.79%) | $9,697,000 (-11.27%) | $10,929,000 (7.08%) | $10,206,000 (60.95%) |
Accumulated Retained Earnings (Deficit) | $84,969,000 (10.72%) | $76,743,000 (7.66%) | $71,286,000 (12.07%) | $63,607,000 (12.37%) |
Tax Assets | $2,812,000 (-30.88%) | $4,068,000 (6.55%) | $3,818,000 (-15.90%) | $4,540,000 (80.16%) |
Tax Liabilities | $53,174,000 (-9.58%) | $58,806,000 (6.93%) | $54,997,000 (2.63%) | $53,589,000 (5.03%) |
Total Debt | $179,111,000 (-1.07%) | $181,054,000 (-8.70%) | $198,305,000 (15.28%) | $172,023,000 (0.34%) |
Debt Current | $2,198,000 (-2.05%) | $2,244,000 (-89.90%) | $22,220,000 (-21.55%) | $28,324,000 (-1.22%) |
Debt Non-Current | $176,913,000 (-1.06%) | $178,810,000 (1.55%) | $176,085,000 (22.54%) | $143,699,000 (0.65%) |
Total Liabilities | $559,434,000 (4.29%) | $536,435,000 (0.86%) | $531,861,000 (19.06%) | $446,705,000 (5.41%) |
Liabilities Current | $25,593,000 (14.18%) | $22,414,000 (-49.14%) | $44,070,000 (-6.64%) | $47,206,000 (7.96%) |
Liabilities Non-Current | $533,841,000 (3.86%) | $514,021,000 (5.38%) | $487,791,000 (22.10%) | $399,499,000 (5.11%) |
ARTNA Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $107,952,000 (9.20%) | $98,861,000 (-0.04%) | $98,897,000 (8.85%) | $90,859,000 (3.08%) |
Cost of Revenue | $60,857,000 (7.27%) | $56,732,000 (0.42%) | $56,493,000 (10.89%) | $50,943,000 (3.93%) |
Selling General & Administrative Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $13,629,000 (2.20%) | $13,335,000 (5.67%) | $12,620,000 (6.18%) | $11,885,000 (6.66%) |
Interest Expense | $8,779,000 (-4.12%) | $9,156,000 (7.69%) | $8,502,000 (11.99%) | $7,592,000 (-0.35%) |
Income Tax Expense | $7,315,000 (15.23%) | $6,348,000 (8.00%) | $5,878,000 (2.46%) | $5,737,000 (0.93%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $20,394,000 (22.13%) | $16,699,000 (-7.22%) | $17,998,000 (6.96%) | $16,827,000 (0.06%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $20,394,000 (22.13%) | $16,699,000 (-7.22%) | $17,998,000 (6.96%) | $16,827,000 (0.06%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $20,394,000 (22.13%) | $16,699,000 (-7.22%) | $17,998,000 (6.96%) | $16,827,000 (0.06%) |
Weighted Average Shares | $10,294,000 (2.76%) | $10,018,000 (5.88%) | $9,462,000 (0.72%) | $9,394,000 (0.72%) |
Weighted Average Shares Diluted | $10,296,000 (2.73%) | $10,022,000 (5.71%) | $9,481,000 (0.58%) | $9,426,000 (0.61%) |
Earning Before Interest & Taxes (EBIT) | $36,488,000 (13.31%) | $32,203,000 (-0.54%) | $32,378,000 (7.37%) | $30,156,000 (0.12%) |
Gross Profit | $47,095,000 (11.79%) | $42,129,000 (-0.65%) | $42,404,000 (6.23%) | $39,916,000 (2.03%) |
Operating Income | $33,466,000 (16.23%) | $28,794,000 (-3.32%) | $29,784,000 (6.25%) | $28,031,000 (0.19%) |
ARTNA Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | -$45,319,000 (27.00%) | -$62,078,000 (-13.37%) | -$54,759,000 (-34.46%) | -$40,724,000 (-1.88%) |
Net Cash Flow from Financing | $7,138,000 (-77.28%) | $31,423,000 (-0.91%) | $31,711,000 (234.57%) | $9,478,000 (-50.24%) |
Net Cash Flow from Operations | $36,823,000 (15.61%) | $31,851,000 (31.26%) | $24,265,000 (-22.50%) | $31,310,000 (53.80%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$1,358,000 (-213.55%) | $1,196,000 (-1.73%) | $1,217,000 (1801.56%) | $64,000 (111.27%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | -$6,341,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$45,319,000 (27.00%) | -$62,078,000 (-28.21%) | -$48,418,000 (-18.89%) | -$40,724,000 (-18.97%) |
Issuance (Repayment) of Debt Securities | -$1,477,000 (91.11%) | -$16,610,000 (-170.65%) | $23,509,000 (1021.08%) | $2,097,000 (-88.09%) |
Issuance (Purchase) of Equity Shares | $347,000 (-99.06%) | $37,073,000 (1673.83%) | $2,090,000 (50.36%) | $1,390,000 (-9.68%) |
Payment of Dividends & Other Cash Distributions | -$12,168,000 (-8.24%) | -$11,242,000 (-8.94%) | -$10,319,000 (-5.02%) | -$9,826,000 (-4.80%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $219,000 (-13.78%) | $254,000 (67.11%) | $152,000 (-21.24%) | $193,000 (8.43%) |
Depreciation Amortization & Accretion | $13,629,000 (2.20%) | $13,335,000 (5.67%) | $12,620,000 (6.18%) | $11,885,000 (6.66%) |
ARTNA Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | 43.60% (2.35%) | 42.60% (-0.70%) | 42.90% (-2.28%) | 43.90% (-1.13%) |
Profit Margin | 18.90% (11.83%) | 16.90% (-7.14%) | 18.20% (-1.62%) | 18.50% (-3.14%) |
EBITDA Margin | 46.40% (0.65%) | 46.10% (1.32%) | 45.50% (-1.73%) | 46.30% (-1.07%) |
Return on Average Equity (ROAE) | 8.60% (13.16%) | 7.60% (-22.45%) | 9.80% (1.03%) | 9.70% (-4.90%) |
Return on Average Assets (ROAA) | 2.60% (18.18%) | 2.20% (-15.38%) | 2.60% (-3.70%) | 2.70% (-6.90%) |
Return on Sales (ROS) | 33.80% (3.68%) | 32.60% (-0.31%) | 32.70% (-1.51%) | 33.20% (-2.92%) |
Return on Invested Capital (ROIC) | 3.90% (8.33%) | 3.60% (-7.69%) | 3.90% (-4.88%) | 4.10% (-4.65%) |
Dividend Yield | 3.70% (37.04%) | 2.70% (42.11%) | 1.90% (-17.39%) | 2.30% (-14.81%) |
Price to Earnings Ratio (P/E) | 15.97 (-35.66%) | 24.82 (-19.50%) | 30.83 (19.12%) | 25.88 (25.65%) |
Price to Sales Ratio (P/S) | 3.02 (-28.21%) | 4.2 (-25.07%) | 5.61 (17.01%) | 4.79 (22.07%) |
Price to Book Ratio (P/B) | 1.36 (-26.39%) | 1.85 (-37.49%) | 2.96 (20.83%) | 2.45 (19.77%) |
Debt to Equity Ratio (D/E) | 2.34 (0.47%) | 2.33 (-17.74%) | 2.83 (12.79%) | 2.51 (0.32%) |
Earnings Per Share (EPS) | 1.98 (18.56%) | 1.67 (-12.11%) | 1.9 (6.15%) | 1.79 (-0.56%) |
Sales Per Share (SPS) | 10.49 (6.27%) | 9.87 (-5.59%) | 10.45 (8.06%) | 9.67 (2.35%) |
Free Cash Flow Per Share (FCFPS) | -0.82 (72.65%) | -3.02 (-18.17%) | -2.55 (-154.79%) | -1 (32.62%) |
Book Value Per Share (BVPS) | 23.24 (1.03%) | 23 (15.79%) | 19.86 (4.82%) | 18.95 (4.32%) |
Tangible Assets Book Value Per Share (TABVPS) | 77.39 (1.36%) | 76.35 (0.64%) | 75.87 (14.08%) | 66.5 (4.56%) |
Enterprise Value Over EBIT (EV/EBIT) | 14 (-26.32%) | 19 (-17.39%) | 23 (15.00%) | 20 (17.65%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 9.95 (-24.89%) | 13.24 (-19.66%) | 16.49 (13.91%) | 14.47 (16.02%) |
Asset Turnover | 0.14 (3.79%) | 0.13 (-8.33%) | 0.14 (-2.70%) | 0.15 (-2.63%) |
Current Ratio | 0.96 (-29.87%) | 1.37 (116.48%) | 0.63 (59.75%) | 0.4 (-1.99%) |
Dividends | $1.18 (4.05%) | $1.14 (4.03%) | $1.09 (4.30%) | $1.05 (4.08%) |
Free Cash Flow (FCF) | -$8,496,000 (71.89%) | -$30,227,000 (-25.15%) | -$24,153,000 (-156.56%) | -$9,414,000 (32.14%) |
Enterprise Value (EV) | $498,551,021 (-17.34%) | $603,161,526 (-18.70%) | $741,900,018 (21.92%) | $608,513,369 (18.21%) |
Earnings Before Tax (EBT) | $27,709,000 (20.23%) | $23,047,000 (-3.47%) | $23,876,000 (5.81%) | $22,564,000 (0.28%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $50,117,000 (10.06%) | $45,538,000 (1.20%) | $44,998,000 (7.03%) | $42,041,000 (1.89%) |
Invested Capital | $949,055,000 (3.04%) | $921,028,000 (5.77%) | $870,778,000 (16.19%) | $749,440,000 (3.96%) |
Working Capital | -$1,065,000 (-112.98%) | $8,203,000 (150.43%) | -$16,266,000 (43.01%) | -$28,542,000 (-9.34%) |
Tangible Asset Value | $796,684,000 (4.16%) | $764,893,000 (6.55%) | $717,852,000 (14.91%) | $624,715,000 (5.31%) |
Market Capitalization | $325,621,021 (-23.56%) | $425,981,526 (-23.38%) | $555,982,018 (27.58%) | $435,793,369 (25.82%) |
Average Equity | $235,976,250 (7.70%) | $219,100,500 (18.87%) | $184,316,500 (5.87%) | $174,095,500 (5.43%) |
Average Assets | $788,296,250 (4.95%) | $751,138,000 (9.28%) | $687,357,750 (12.25%) | $612,371,000 (5.48%) |
Invested Capital Average | $936,042,750 (3.77%) | $902,005,750 (8.58%) | $830,691,250 (12.92%) | $735,662,500 (4.19%) |
Shares | 10,297,945 (0.20%) | 10,276,997 (8.28%) | 9,490,987 (0.90%) | 9,406,289 (0.70%) |