Artesian Resources (ARTNA) Balance Sheet: Assets & Liabilities

Artesian Resources (ARTNA) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Artesian Resources reported total assets of $851.23M and total liabilities of $601.31M. Shareholders' equity was $249.92M, up 4.5% from $239.19M a year earlier. Total debt stood at $182.64M against $52.00K in cash and short-term investments, a net debt position of $182.59M. That puts debt-to-equity at 0.73, compared with 0.75 a year earlier.

Artesian Resources Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Artesian Resources Corporation (ARTNA) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	0.05	1.15	2.51	1.31	0.09	0.03	0.60	0.29	0.95
Cash & Short-Term Investments	0.05	1.15	2.51	1.31	0.09	0.03	0.60	0.29	0.95
Accounts Receivable	12.17	13.82	12.83	16.73	7.31	11.96	8.14	10.37	12.68
Inventory	3.72	4.28	5.98	4.70	1.93	1.54	1.26	1.46	1.52
Other Current Assets	5.48	5.28	5.57	5.06	2.65	4.10	4.20	3.99	3.84
Total Current Assets	21.42	24.53	30.62	27.80	18.66	17.62	14.21	16.12	18.99
Non-Current Assets
Property, Plant & Equipment (Net)	801.69	751.20	718.48	672.24	594.63	563.82	535.01	502.53	464.38
Long-Term Investments	9.49	6.43	8.38	10.34	4.85	4.37	3.97	3.61	3.36
Goodwill	1.94	1.94	1.94	1.94	0.00	0.62	0.00	0.00	0.00
Other Non-Current Assets	16.69	14.53	8.50	7.47	6.57	-43.53	7.18	-43.87	-42.87
Total Non-Current Assets	829.81	774.10	736.22	692.50	606.05	575.60	546.88	513.71	475.65
Total Assets	851.23	798.62	766.83	720.30	624.72	593.22	561.09	529.83	494.64
Current Liabilities
Accounts Payable	14.02	11.23	9.70	10.93	10.21	6.34	8.18	8.19	8.85
Short-Term Debt	7.95	2.21	408.71	22.22	28.32	28.68	9.24	17.78	11.26
Current Portion of Long-Term Debt	2.13	2.17	2.24	2.00	1.59	-	-	-	-
Accrued Liabilities	5.52	6.27	5.79	5.24	4.96	-	-	-	-
Deferred Revenue	3.47	3.35	2.98	0.00	2.27	2.06	0.00	1.04	0.97
Other Current Liabilities	8.28	8.31	4.68	10.91	1.45	6.41	7.84	11.76	7.38
Total Current Liabilities	33.72	25.59	22.41	44.07	47.21	43.72	25.60	37.73	28.46
Non-Current Liabilities
Long-Term Debt	174.68	176.91	178.31	176.09	143.26	142.77	144.61	115.86	105.59
Deferred Tax Liabilities	54.76	52.67	58.80	55.50	53.59	50.79	53.47	55.56	54.66
Other Non-Current Liabilities	337.75	304.25	61.60	256.72	176.66	186.52	177.15	222.99	213.95
Total Non-Current Liabilities	567.59	533.84	266.09	488.30	399.50	380.07	375.22	338.85	319.53
Total Liabilities	601.31	559.43	536.44	532.37	446.71	423.79	400.82	376.58	348.00
Stockholders' Equity
Common Stock	10.32	10.30	10.29	9.50	9.41	9.36	9.29	9.25	9.22
Retained Earnings	95.11	84.97	76.74	71.29	63.61	56.61	49.17	43.36	37.90
Accumulated Other Comprehensive Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-126.85	-117.56
Additional Paid-in Capital	144.49	143.92	143.37	107.14	104.99	103.46	101.81	227.49	217.08
Shares Outstanding	10.29	10.30	10.29	9.50	9.41	-	-	-	-
Total Stockholders' Equity	249.92	239.19	230.40	187.93	178.01	169.43	160.27	153.25	146.64
Total Liabilities & Equity	851.23	798.62	766.83	720.30	624.72	593.22	561.09	529.83	494.64

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Artesian Resources Balance Sheet

How much debt does Artesian Resources have?

Artesian Resources had total debt of $182.64M as of Dec 31, 2025, against $52.00K in cash and short-term investments. Its debt-to-equity ratio was 0.73. Total debt was $179.12M a year earlier.

What are Artesian Resources's total assets?

Artesian Resources reported total assets of $851.23M as of Dec 31, 2025, up 6.6% from $798.62M a year earlier. Total liabilities were $601.31M.

What is Artesian Resources's shareholders' equity?

Artesian Resources's shareholders' equity was $249.92M as of Dec 31, 2025, or about $24.30 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition