Artesian Short Term Debt vs Deferred Long Term Liab Analysis

ARTNA Stock  USD 34.04  0.28  0.82%   
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 Short Term Debt and its Deferred Long Term Liab 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.

Short Term Debt vs Deferred Long Term Liab

Short Term Debt vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Artesian Resources Short Term Debt account and Deferred Long Term Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Artesian Resources' Short Term Debt and Deferred Long Term Liab is 0.11. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Deferred Long Term Liab 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' Short Term Debt and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Artesian Resources are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Short Term Debt i.e., Artesian Resources' Short Term Debt and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Debt

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred 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 39.1 M, whereas Tax Provision is forecasted to decline to about 5.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense7.6M8.5M9.2M6.6M
Depreciation And Amortization11.9M12.6M13.3M7.5M

Artesian Resources fundamental ratios Correlations

0.94-0.530.520.771.00.740.960.760.830.351.0-0.410.350.840.820.820.810.480.660.211.00.750.670.110.8
0.94-0.610.580.740.940.820.990.690.660.260.94-0.320.260.790.850.850.780.430.650.150.940.720.620.210.84
-0.53-0.61-0.08-0.56-0.54-0.82-0.55-0.33-0.18-0.06-0.530.25-0.06-0.41-0.78-0.8-0.52-0.17-0.28-0.44-0.49-0.39-0.350.06-0.8
0.520.58-0.080.320.520.30.630.470.57-0.170.53-0.49-0.170.350.280.320.390.060.47-0.120.560.410.270.80.3
0.770.74-0.560.320.770.810.750.930.610.710.77-0.110.710.670.640.70.990.80.850.20.770.960.92-0.240.64
1.00.94-0.540.520.770.750.960.750.820.331.0-0.420.330.830.830.820.80.460.650.221.00.750.660.120.81
0.740.82-0.820.30.810.750.770.590.410.340.74-0.210.340.620.910.950.790.420.520.50.720.670.63-0.10.93
0.960.99-0.550.630.750.960.770.740.730.270.96-0.360.270.780.80.80.80.450.690.090.960.750.640.250.79
0.760.69-0.330.470.930.750.590.740.750.690.76-0.210.690.630.430.490.950.80.92-0.070.770.970.9-0.080.42
0.830.66-0.180.570.610.820.410.730.750.330.83-0.570.330.650.470.490.670.40.590.060.850.690.570.140.46
0.350.26-0.06-0.170.710.330.340.270.690.330.340.341.00.490.150.170.70.930.68-0.030.350.750.86-0.660.12
1.00.94-0.530.530.771.00.740.960.760.830.34-0.410.340.840.820.820.810.470.650.211.00.750.660.120.8
-0.41-0.320.25-0.49-0.11-0.42-0.21-0.36-0.21-0.570.34-0.410.34-0.21-0.31-0.35-0.170.28-0.01-0.2-0.42-0.090.05-0.4-0.33
0.350.26-0.06-0.170.710.330.340.270.690.331.00.340.340.490.150.170.70.930.68-0.030.350.750.86-0.660.12
0.840.79-0.410.350.670.830.620.780.630.650.490.84-0.210.490.70.680.710.60.570.310.840.660.74-0.020.68
0.820.85-0.780.280.640.830.910.80.430.470.150.82-0.310.150.70.990.630.230.340.590.790.50.45-0.011.0
0.820.85-0.80.320.70.820.950.80.490.490.170.82-0.350.170.680.990.680.250.360.610.790.540.50.00.99
0.810.78-0.520.390.990.80.790.80.950.670.70.81-0.170.70.710.630.680.80.870.140.810.970.93-0.180.63
0.480.43-0.170.060.80.460.420.450.80.40.930.470.280.930.60.230.250.80.83-0.070.490.870.94-0.440.2
0.660.65-0.280.470.850.650.520.690.920.590.680.65-0.010.680.570.340.360.870.83-0.260.680.940.88-0.010.32
0.210.15-0.44-0.120.20.220.50.09-0.070.06-0.030.21-0.2-0.030.310.590.610.14-0.07-0.260.170.00.09-0.220.6
1.00.94-0.490.560.771.00.720.960.770.850.351.0-0.420.350.840.790.790.810.490.680.170.770.670.140.77
0.750.72-0.390.410.960.750.670.750.970.690.750.75-0.090.750.660.50.540.970.870.940.00.770.95-0.160.48
0.670.62-0.350.270.920.660.630.640.90.570.860.660.050.860.740.450.50.930.940.880.090.670.95-0.290.44
0.110.210.060.8-0.240.12-0.10.25-0.080.14-0.660.12-0.4-0.66-0.02-0.010.0-0.18-0.44-0.01-0.220.14-0.16-0.290.01
0.80.84-0.80.30.640.810.930.790.420.460.120.8-0.330.120.681.00.990.630.20.320.60.770.480.440.01
Click cells to compare fundamentals

Artesian Resources Account Relationship Matchups

Artesian Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets560.4M593.2M625.2M719.8M766.8M384.9M
Short Long Term Debt Total153.8M171.3M172.0M198.3M181.1M119.2M
Other Current Liab6.2M6.5M6.4M8.5M7.5M7.6M
Total Current Liabilities25.6M43.7M47.7M44.1M22.4M26.6M
Total Stockholder Equity160.3M169.4M178.0M187.9M230.4M241.9M
Property Plant And Equipment Net535.0M563.8M594.6M672.2M718.5M361.6M
Current Deferred Revenue2.0M2.1M2.3M2.5M3.0M3.1M
Net Debt153.2M171.3M171.9M197.0M178.6M115.6M
Retained Earnings49.2M56.6M63.6M71.3M76.7M80.6M
Accounts Payable8.2M6.3M10.2M10.9M9.7M5.3M
Cash596K28K92K1.3M2.5M2.6M
Non Current Assets Total546.2M575.6M606.1M692.0M736.2M370.5M
Non Currrent Assets Other(41.1M)(43.5M)(41.7M)(47.1M)15.8M16.6M
Cash And Short Term Investments596K28K92K1.3M2.5M2.6M
Net Receivables8.1M12.0M8.9M16.7M16.6M9.0M
Common Stock Total Equity9.3M9.4M9.4M9.5M10.9M6.8M
Common Stock Shares Outstanding9.3M9.4M9.4M9.5M10.0M7.8M
Liabilities And Stockholders Equity560.4M593.2M625.2M719.8M766.8M384.9M
Non Current Liabilities Total374.5M380.1M399.5M487.8M514.0M539.7M
Inventory1.3M1.5M1.9M4.7M6.0M6.3M
Other Current Assets2.3M4.1M5.0M5.1M5.6M5.8M
Other Stockholder Equity101.8M103.5M105.0M107.1M143.4M118.8M
Total Liab400.1M423.8M447.2M531.9M536.4M278.2M
Property Plant And Equipment Gross535.0M563.8M754.9M846.2M904.7M949.9M
Total Current Assets14.2M17.6M19.2M27.8M30.6M32.1M
Short Term Debt9.2M28.7M28.3M19.7M2.3M2.1M
Common Stock9.3M9.4M9.4M9.5M10.3M6.9M
Other Liab229.9M237.3M256.2M311.7M358.5M376.4M
Other Assets11.1M575.6M15.6M17.8M20.5M36.4M
Long Term Debt144.2M142.3M143.3M175.6M178.3M119.8M
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 Other177.6M186.9M202.7M257.2M247.9M162.3M

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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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.