Artesian Current Deferred Revenue vs Ebit Per Revenue Analysis

ARTNA Stock  USD 31.00  0.21  0.68%   
Artesian Resources financial indicator trend analysis is way more than just evaluating Artesian Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Artesian Resources is a good investment. Please check the relationship between Artesian Resources Current Deferred Revenue and its Ebit Per Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artesian Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.

Current Deferred Revenue vs Ebit Per Revenue

Current Deferred Revenue vs Ebit Per Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Artesian Resources Current Deferred Revenue account and Ebit Per Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Artesian Resources' Current Deferred Revenue and Ebit Per Revenue is 0.47. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of Artesian Resources, assuming nothing else is changed. The correlation between historical values of Artesian Resources' Current Deferred Revenue and Ebit Per Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Artesian Resources are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Current Deferred Revenue i.e., Artesian Resources' Current Deferred Revenue and Ebit Per Revenue go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Ebit Per Revenue

Most indicators from Artesian Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Artesian Resources current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artesian Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.At present, Artesian Resources' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 44.9 M, whereas Tax Provision is forecasted to decline to about 5.1 M.
 2022 2023 2024 2025 (projected)
Interest Expense8.5M9.2M10.5M6.6M
Depreciation And Amortization12.6M13.3M15.3M16.1M

Artesian Resources fundamental ratios Correlations

0.75-0.390.280.991.00.740.770.970.880.81.00.020.80.920.540.661.00.870.920.121.00.990.95-0.330.6
0.75-0.520.470.720.750.80.990.70.590.40.75-0.150.40.630.840.870.760.520.670.170.750.710.640.020.87
-0.39-0.52-0.08-0.43-0.4-0.79-0.47-0.25-0.15-0.02-0.390.26-0.02-0.29-0.75-0.72-0.41-0.1-0.21-0.43-0.37-0.3-0.260.03-0.72
0.280.47-0.080.190.280.270.520.340.39-0.20.28-0.5-0.20.140.280.250.26-0.020.33-0.130.310.270.140.790.24
0.990.72-0.430.190.990.770.730.950.840.820.990.070.820.910.560.680.990.870.90.180.980.970.95-0.390.62
1.00.75-0.40.280.990.750.770.970.880.791.00.010.790.910.550.671.00.860.920.121.00.980.95-0.320.61
0.740.8-0.790.270.770.750.750.60.490.380.75-0.150.380.630.910.920.760.450.540.50.730.660.61-0.170.9
0.770.99-0.470.520.730.770.750.740.650.410.77-0.190.410.640.790.830.780.530.70.120.780.740.650.050.82
0.970.7-0.250.340.950.970.60.740.930.790.97-0.020.790.870.40.530.970.860.95-0.040.980.980.93-0.250.46
0.880.59-0.150.390.840.880.490.650.930.70.88-0.220.70.770.350.460.870.740.820.020.890.890.83-0.210.39
0.80.4-0.02-0.20.820.790.380.410.790.70.80.431.00.870.170.310.80.960.780.010.80.840.91-0.710.26
1.00.75-0.390.280.991.00.750.770.970.880.80.010.80.910.550.661.00.860.920.121.00.980.95-0.320.6
0.02-0.150.26-0.50.070.01-0.15-0.19-0.02-0.220.430.010.430.16-0.26-0.20.010.380.14-0.160.00.090.2-0.45-0.19
0.80.4-0.02-0.20.820.790.380.410.790.71.00.80.430.870.170.310.80.960.780.010.80.840.91-0.710.26
0.920.63-0.290.140.910.910.630.640.870.770.870.910.160.870.440.560.920.920.850.190.910.910.97-0.410.5
0.540.84-0.750.280.560.550.910.790.40.350.170.55-0.260.170.440.980.570.230.320.610.530.450.4-0.050.99
0.660.87-0.720.250.680.670.920.830.530.460.310.66-0.20.310.560.980.680.370.440.590.640.570.53-0.140.99
1.00.76-0.410.260.991.00.760.780.970.870.81.00.010.80.920.570.680.870.910.141.00.980.95-0.340.62
0.870.52-0.1-0.020.870.860.450.530.860.740.960.860.380.960.920.230.370.870.88-0.030.870.910.96-0.540.31
0.920.67-0.210.330.90.920.540.70.950.820.780.920.140.780.850.320.440.910.88-0.20.920.960.92-0.20.39
0.120.17-0.43-0.130.180.120.50.12-0.040.020.010.12-0.160.010.190.610.590.14-0.03-0.20.090.020.1-0.240.59
1.00.75-0.370.310.981.00.730.780.980.890.81.00.00.80.910.530.641.00.870.920.090.990.95-0.30.58
0.990.71-0.30.270.970.980.660.740.980.890.840.980.090.840.910.450.570.980.910.960.020.990.97-0.330.51
0.950.64-0.260.140.950.950.610.650.930.830.910.950.20.910.970.40.530.950.960.920.10.950.97-0.440.47
-0.330.020.030.79-0.39-0.32-0.170.05-0.25-0.21-0.71-0.32-0.45-0.71-0.41-0.05-0.14-0.34-0.54-0.2-0.24-0.3-0.33-0.44-0.12
0.60.87-0.720.240.620.610.90.820.460.390.260.6-0.190.260.50.990.990.620.310.390.590.580.510.47-0.12
Click cells to compare fundamentals

Artesian Resources Account Relationship Matchups

Artesian Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets593.2M625.2M719.8M766.8M881.9M925.9M
Short Long Term Debt Total171.3M172.0M198.3M181.1M208.2M119.2M
Other Current Liab6.5M6.4M8.5M7.5M8.6M7.6M
Total Current Liabilities43.7M47.7M44.1M22.4M25.8M26.6M
Total Stockholder Equity169.4M178.0M187.9M230.4M265.0M278.2M
Property Plant And Equipment Net563.8M594.6M672.2M718.5M826.3M867.6M
Current Deferred Revenue2.1M2.3M2.5M3.0M3.4M3.6M
Net Debt171.3M171.9M197.0M178.6M205.3M115.6M
Retained Earnings56.6M63.6M71.3M76.7M88.3M92.7M
Accounts Payable6.3M10.2M10.9M9.7M11.2M11.7M
Cash28K92K1.3M2.5M2.9M3.0M
Non Current Assets Total575.6M606.1M692.0M736.2M846.6M889.0M
Non Currrent Assets Other(43.5M)(41.7M)(47.1M)15.8M14.2M14.9M
Cash And Short Term Investments28K92K1.3M2.5M2.9M3.0M
Net Receivables12.0M8.9M16.7M16.6M19.0M20.0M
Common Stock Total Equity9.3M9.4M9.4M9.5M10.9M6.8M
Common Stock Shares Outstanding9.4M9.4M9.5M10.0M11.5M7.8M
Liabilities And Stockholders Equity593.2M625.2M719.8M766.8M881.9M925.9M
Non Current Liabilities Total380.1M399.5M487.8M514.0M591.1M620.7M
Inventory1.5M1.9M4.7M6.0M6.9M7.2M
Other Current Assets4.1M5.0M5.1M5.6M6.4M6.7M
Other Stockholder Equity103.5M105.0M107.1M143.4M164.9M118.8M
Total Liab423.8M447.2M531.9M536.4M616.9M647.7M
Property Plant And Equipment Gross563.8M754.9M846.2M904.7M1.0B1.1B
Total Current Assets17.6M19.2M27.8M30.6M35.2M37.0M
Short Term Debt28.7M28.3M19.7M2.3M2.6M2.5M
Common Stock9.4M9.4M9.5M10.3M11.8M6.9M
Other Liab229.9M237.3M256.2M311.7M358.5M376.4M
Other Assets11.1M575.6M15.6M17.8M20.5M36.4M
Long Term Debt142.3M143.3M175.6M178.3M205.1M119.8M
Property Plant Equipment530.7M559.6M590.4M668.0M768.2M396.5M
Good Will288K623K0.01.9M2.2M2.3M
Net Tangible Assets453.9M472.0M497.9M587.9M676.0M369.2M
Retained Earnings Total Equity49.2M56.6M63.6M71.3M82.0M42.8M
Long Term Debt Total144.2M142.3M143.3M175.6M202.0M140.2M
Capital Surpluse101.8M103.5M105.0M107.1M123.2M107.1M
Deferred Long Term Liab52.7M50.8M53.6M55.0M63.2M45.0M
Non Current Liabilities Other186.9M202.7M257.2M247.9M285.1M162.3M

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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Artesian Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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
1.96
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.