Artesian Intangibles To Total Assets from 2010 to 2024

ARTNA Stock  USD 34.33  0.41  1.21%   
Artesian Resources' Intangibles To Total Assets are increasing over the years with slightly volatile fluctuation. Overall, Intangibles To Total Assets are expected to go to 0 this year. Intangibles To Total Assets is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. View All Fundamentals
 
Intangibles To Total Assets  
First Reported
2010-12-31
Previous Quarter
0.00252859
Current Value
0.002655
Quarterly Volatility
0.00437573
 
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' Intangibles To Total Assets Growth Pattern

Below is the plot of the Intangibles To Total Assets of Artesian Resources over the last few years. It is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. Artesian Resources' Intangibles To Total Assets 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.
Intangibles To Total Assets10 Years Trend
Slightly volatile
   Intangibles To Total Assets   
       Timeline  

Artesian Intangibles To Total Assets Regression Statistics

Arithmetic Mean(0)
Geometric Mean0
Coefficient Of Variation(111.02)
Mean Deviation0
Median(0.01)
Standard Deviation0
Sample Variance0.000019
Range0.0105
R-Value0.48
Mean Square Error0.000016
R-Squared0.23
Significance0.07
Slope0.0005
Total Sum of Squares0.0003

Artesian Intangibles To Total Assets History

2024 0.002655
2023 0.002529
2022 0.002694
2021 -0.007757
2020 0.00105
2019 -0.007081
2018 -0.006814

About Artesian Resources Financial Statements

Artesian Resources stakeholders use historical fundamental indicators, such as Artesian Resources' Intangibles To Total Assets, 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

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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.