Artesian Resources Corporation
Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services on the Delmarva Peninsula. 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. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides designing, installing, maintaining, and repairing services for storm water management systems. As of December 31, 2019, it served approximately 87,800 metered water customers in Delaware, 2,500 metered water customers in Maryland, and 40 customers in Pennsylvania through 1,331 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware. Show More...
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Website http://www.artesianresources.com
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Sector Utilities
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Industry Utilities-Regulated Water
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Last Quote 34.49 USD
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Last Updated 30-05-2025
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share USD 1.0 0.83 1.13 0.94 1.07 1.26 1.41 1.51 1.54 1.6 1.65 Dividends USD 0.75 0.76 0.79 0.82 0.85 0.87 0.9 0.93 0.95 0.98 0.99 Payout Ratio % * 75.3 94.8 70.0 84.2 84.1 66.7 67.7 65.7 58.5 61.4 60.1 Shares Mil 8.0 8.0 9.0 9.0 9.0 9.0 9.0 9.0 9.0 9.0 9.0 Book Value Per Share * USD 12.46 12.87 13.57 13.53 13.82 14.26 14.89 15.69 16.22 16.89 17.44 Free Cash Flow Per Share * USD -0.2 0.32 0.05 -0.4 0.34 0.36 -0.33 -1.78 -2.17 Return on Assets % 2.09 1.8 2.56 2.09 2.3 2.65 2.94 2.96 2.79 2.74 2.8 Financial Leverage (Average) 3.9 3.35 3.31 3.31 3.36 3.26 3.24 3.37 3.46 3.5 3.48 Return on Equity % 8.18 6.48 8.52 6.92 7.68 8.77 9.55 9.79 9.52 9.52 9.71 Return on Invested Capital % 5.44 4.95 5.99 5.28 5.7 6.23 6.83 7.03 6.88 6.7 6.83 Interest Coverage 1.96 1.88 3.34 2.97 3.15 3.73 4.2 4.44 4.08 3.86 3.88 Current Ratio 0.34 0.54 0.54 0.52 0.55 0.62 0.76 0.67 0.43 0.56 0.45 Quick Ratio 0.21 0.36 0.37 0.33 0.39 0.41 0.5 0.48 0.28 0.34 0.3 Debt/Equity 1.1 0.94 0.9 0.86 0.84 0.78 0.74 0.72 0.76 0.9 0.89