Artesian Resources Corporation

Artesian Resources Corporationverified

ARTNA

Price:

$35.5

Market Cap:

$363.60M

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. I...[Read more]

Industry

Regulated Water

IPO Date

1994-04-28

Stock Exchange

NASDAQ

Ticker

ARTNA

The Current Ratio as of June 2024 (TTM) for Artesian Resources Corporation (ARTNA) is 1.42

According to Artesian Resources Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.42. This represents a change of 8.15% compared to the average of 1.31 of the last 4 quarters.

Artesian Resources Corporation (ARTNA) Historical Current Ratio (quarterly & annually)

How has ARTNA Current Ratio performed in the past?

The mean historical Current Ratio of Artesian Resources Corporation over the last ten years is 0.64. The current 1.42 Current Ratio has changed 22.15% with respect to the historical average. Over the past ten years (40 quarters), ARTNA's Current Ratio was at its highest in in the March 2024 quarter at 1.42. The Current Ratio was at its lowest in in the June 2019 quarter at 0.24.

Quarterly (TTM)
Annual

Average

0.64

Median

0.59

Minimum

0.40

Maximum

1.37

Artesian Resources Corporation (ARTNA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Artesian Resources Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 116.51%

Maximum Annual Current Ratio = 1.37

Minimum Annual Increase = -35.96%

Minimum Annual Current Ratio = 0.40

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.37116.51%
20220.6357.08%
20210.40-0.32%
20200.40-27.39%
20190.5529.92%
20180.43-35.96%
20170.67-11.90%
20160.7621.71%
20150.6212.82%
20140.556.35%

Artesian Resources Corporation (ARTNA) Average Current Ratio

How has ARTNA Current Ratio performed in the past?

The current Current Ratio of Artesian Resources Corporation (ARTNA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.80

5-year avg

0.67

10-year avg

0.64

Artesian Resources Corporation (ARTNA) Current Ratio vs. Peers

How is ARTNA’s Current Ratio compared to its peers?

Artesian Resources Corporation’s Current Ratio is greater than California Water Service Group (0.56), greater than SJW Group (0.55), greater than The York Water Company (0.98), greater than American States Water Company (1.15), greater than Middlesex Water Company (0.95), less than Global Water Resources, Inc. (1.83),

Build a custom stock screener for Artesian Resources Corporation (ARTNA) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Artesian Resources Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Artesian Resources Corporation (ARTNA) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Artesian Resources Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Artesian Resources Corporation's Current Ratio?

How is the Current Ratio calculated for Artesian Resources Corporation (ARTNA)?

What is the highest Current Ratio for Artesian Resources Corporation (ARTNA)?

What is the 3-year average Current Ratio for Artesian Resources Corporation (ARTNA)?

What is the 5-year average Current Ratio for Artesian Resources Corporation (ARTNA)?

How does the current Current Ratio for Artesian Resources Corporation (ARTNA) compare to its historical average?