Artesian Cost Of Revenue from 2010 to 2024

ARTNA Stock  USD 34.82  0.49  1.43%   
Artesian Resources' Cost Of Revenue is increasing over the years with slightly volatile fluctuation. Cost Of Revenue is expected to dwindle to about 35.5 M. From 2010 to 2024 Artesian Resources Cost Of Revenue quarterly data regression line had arithmetic mean of  40,031,613 and r-squared of  0.50. View All Fundamentals
 
Cost Of Revenue  
First Reported
1999-12-31
Previous Quarter
16.7 M
Current Value
16.6 M
Quarterly Volatility
3.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Artesian Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Artesian Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.5 M, Interest Expense of 6.6 M or Selling General Administrative of 68.2 M, as well as many indicators such as Price To Sales Ratio of 2.26, Dividend Yield of 0.0386 or PTB Ratio of 1.42. Artesian financial statements analysis is a perfect complement when working with Artesian Resources Valuation or Volatility modules.
  
Check out the analysis of Artesian Resources Correlation against competitors.
For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.

Latest Artesian Resources' Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Artesian Resources over the last few years. Cost of Revenue is found on Artesian Resources income statement and represents the costs associated with goods and services Artesian Resources provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Artesian Resources' Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Artesian Resources' overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Artesian Cost Of Revenue Regression Statistics

Arithmetic Mean40,031,613
Geometric Mean38,539,793
Coefficient Of Variation25.47
Mean Deviation6,401,962
Median38,453,000
Standard Deviation10,194,656
Sample Variance103.9T
Range49.2M
R-Value0.71
Mean Square Error55.4T
R-Squared0.50
Significance0
Slope1,619,587
Total Sum of Squares1455T

Artesian Cost Of Revenue History

202435.5 M
202363.9 M
202250.6 M
202145.4 M
202043.6 M
201942.5 M
201841.2 M

About Artesian Resources Financial Statements

Artesian Resources stakeholders use historical fundamental indicators, such as Artesian Resources' Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Artesian Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Artesian Resources' assets and liabilities are reflected in the revenues and expenses on Artesian Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Artesian Resources. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue63.9 M35.5 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Artesian Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Artesian Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Artesian Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Artesian Resources Stock:
Check out the analysis of Artesian Resources Correlation against competitors.
For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Water Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Artesian Resources. If investors know Artesian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Artesian Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.347
Dividend Share
1.17
Earnings Share
1.95
Revenue Per Share
10.266
Quarterly Revenue Growth
0.097
The market value of Artesian Resources is measured differently than its book value, which is the value of Artesian that is recorded on the company's balance sheet. Investors also form their own opinion of Artesian Resources' value that differs from its market value or its book value, called intrinsic value, which is Artesian Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Artesian Resources' market value can be influenced by many factors that don't directly affect Artesian Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Artesian Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Artesian Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Artesian Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.