Artesian Resources Corporation (ARTNA)

Artesian Resources Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.71	1.15	2.51	1.31	0.09	0.03
Accounts Receivable	10.08	9.74	9.46	7.63	7.96	8.73
Other Receivables	0.84	1.56	4.36	6.56	3.72	3.23
Inventory	4.04	4.28	5.98	4.7	1.93	1.54
Prepaid Expenses	3.91	5.28	5.57	5.06	4.96	4.1
Other Current Assets	-	2.52	2.75	2.53	-	-
Total Current Assets	19.58	24.53	30.62	27.8	18.66	17.62
Property, Plant & Equipment	792.31	751.2	718.48	672.24	594.63	563.82
Regulatory Assets	13.1	14.43	7.29	7.27	6.32	6.47
Goodwill	1.94	1.94	1.94	1.94	-	0.62
Long-Term Deferred Charges	0.09	0.1	0.13	0.19	0.25	0.31
Other Long-Term Assets	6.89	6.43	8.38	10.34	4.85	4.37
Total Assets	833.91	798.62	766.83	719.79	624.72	593.22
Accounts Payable	12.21	11.23	9.7	10.93	10.21	6.34
Accrued Expenses	8.06	6.27	5.79	5.24	4.96	4.34
Short-Term Debt	0.34	0.03	0.01	20.22	26.73	26.92
Current Portion of Long-Term Debt	2.23	2.17	2.24	2	1.59	1.76
Current Unearned Revenue	0.62	0.71	0.54	0.44	0.29	0.3
Current Portion of Leases	0.01	0.01	0.01	0	0.01	0.02
Current Income Taxes Payable	0.63	0.5	0	0.01	-	0.24
Other Current Liabilities	4.88	4.68	4.13	5.24	3.43	3.81
Total Current Liabilities	28.97	25.59	22.41	44.07	47.21	43.72
Long-Term Debt	174.66	176.51	178.31	175.62	143.26	142.33
Long-Term Leases	0.4	0.4	0.5	0.47	0.44	0.43
Long-Term Unearned Revenue	298.79	272.41	247.93	224.31	176.66	160.26
Long-Term Deferred Tax Liabilities	80.67	52.67	58.8	76.19	74.7	72.34
Other Long-Term Liabilities	1.58	31.85	28.47	11.21	4.44	4.7
Total Liabilities	585.07	559.43	536.44	531.86	446.71	423.79
Common Stock	10.31	10.3	10.29	9.5	9.41	9.36
Additional Paid-In Capital	144.32	143.92	143.37	107.14	104.99	103.46
Retained Earnings	94.21	84.97	76.74	71.29	63.61	56.61
Shareholders' Equity	248.84	239.19	230.4	187.93	178.01	169.43
Total Liabilities & Equity	833.91	798.62	766.83	719.79	624.72	593.22
Total Debt	177.64	179.12	181.06	198.31	172.03	171.46
Net Cash (Debt)	-176.93	-177.97	-178.56	-197	-171.94	-171.43
Net Cash Per Share	-17.17	-17.29	-17.82	-20.78	-18.24	-18.30
Filing Date Shares Outstanding	10.31	10.3	10.29	9.5	9.42	9.36
Total Common Shares Outstanding	10.31	10.3	10.29	9.5	9.41	9.36
Working Capital	-9.4	-1.07	8.2	-16.27	-28.54	-26.11
Book Value Per Share	24.13	23.22	22.40	19.78	18.91	18.11
Tangible Book Value	246.9	237.25	228.46	185.99	178.01	168.8
Tangible Book Value Per Share	23.94	23.03	22.21	19.57	18.91	18.04
Machinery	987.37	855.96	830.51	767.46	695.57	649.64
Construction In Progress	-	39.72	23.72	34.21	18.48	21.47

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q