Artesian Resources Corporation
Artesian Resources Corporation 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 inf… Read more
Artesian Resources Corporation (ARTNA) - Total Assets
Latest total assets as of September 2025: $833.91 Million USD
Based on the latest financial reports, Artesian Resources Corporation (ARTNA) holds total assets worth $833.91 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Artesian Resources Corporation - Total Assets Trend (1995–2024)
This chart illustrates how Artesian Resources Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Artesian Resources Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Artesian Resources Corporation's total assets of $833.91 Million consist of 3.1% current assets and 96.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $13.82 Million | 1.7% |
| Inventory | $4.28 Million | 0.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $1.94 Million | 0.2% |
Asset Composition Trend (1995–2024)
This chart illustrates how Artesian Resources Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Artesian Resources Corporation's current assets represent 3.1% of total assets in 2024, a decrease from 5.1% in 1995.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, up from 0.1% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1995.
- Asset Diversification: The largest asset category is accounts receivable at 1.7% of total assets.
Artesian Resources Corporation Competitors by Total Assets
Key competitors of Artesian Resources Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Chengdu Xingrong Investment Co Ltd
SHE:000598
|
China | CN¥49.37 Billion |
|
Bohai Water Industry Co Ltd
SHE:000605
|
China | CN¥7.89 Billion |
|
Zhongshan Public Utilities Group Co Ltd
SHE:000685
|
China | CN¥35.67 Billion |
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
China | CN¥7.75 Billion |
|
Kangda International Environmental Company Limited
STU:27K
|
Germany | €19.06 Billion |
|
Luzhou Xinglu Water (Group) Co., Ltd.
F:2LX
|
Germany | €7.29 Billion |
|
Yunnan Water Investment Co. Limited
F:2WI
|
Germany | €44.47 Billion |
|
Gansu Dayu Water saving Group
SHE:300021
|
China | CN¥9.19 Billion |
Artesian Resources Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Artesian Resources Corporation generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Artesian Resources Corporation generates $ 2.55 in net profit.
Artesian Resources Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.68 | 1.22 | 0.40 |
| Quick Ratio | 0.54 | 1.07 | 0.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.39 Million | $ 6.30 Million | $ -26.11 Million |
Artesian Resources Corporation - Advanced Valuation Insights
This section examines the relationship between Artesian Resources Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.34 |
| Latest Market Cap to Assets Ratio | 0.37 |
| Asset Growth Rate (YoY) | 4.1% |
| Total Assets | $798.62 Million |
| Market Capitalization | $295.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Artesian Resources Corporation's assets below their book value (0.37 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Artesian Resources Corporation's assets grew by 4.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Artesian Resources Corporation (1995–2024)
The table below shows the annual total assets of Artesian Resources Corporation from 1995 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $798.62 Million | +4.15% |
| 2023-12-31 | $766.83 Million | +6.46% |
| 2022-12-31 | $720.30 Million | +15.19% |
| 2021-12-31 | $625.31 Million | +5.41% |
| 2020-12-31 | $593.22 Million | +5.73% |
| 2019-12-31 | $561.09 Million | +5.90% |
| 2018-12-31 | $529.83 Million | +7.11% |
| 2017-12-31 | $494.64 Million | +9.68% |
| 2016-12-31 | $450.98 Million | +4.48% |
| 2015-12-31 | $431.63 Million | +2.23% |
| 2014-12-31 | $422.21 Million | +4.55% |
| 2013-12-31 | $403.83 Million | +3.09% |
| 2012-12-31 | $391.71 Million | +3.43% |
| 2011-12-31 | $378.74 Million | +1.94% |
| 2010-12-31 | $371.53 Million | +3.52% |
| 2009-12-31 | $358.89 Million | +2.92% |
| 2008-12-31 | $348.71 Million | +18.37% |
| 2007-12-31 | $294.59 Million | +9.37% |
| 2006-12-31 | $269.36 Million | +10.46% |
| 2005-12-31 | $243.85 Million | +7.25% |
| 2004-12-31 | $227.38 Million | +5.11% |
| 2003-12-31 | $216.32 Million | +18.16% |
| 2002-12-31 | $183.07 Million | +11.95% |
| 2001-12-31 | $163.53 Million | +13.25% |
| 2000-12-31 | $144.41 Million | +8.99% |
| 1999-12-31 | $132.50 Million | +10.97% |
| 1998-12-31 | $119.40 Million | +10.66% |
| 1997-12-31 | $107.90 Million | +8.22% |
| 1996-12-31 | $99.70 Million | +3.00% |
| 1995-12-31 | $96.80 Million | -- |