Artesian Resources Corporation
ARTNAUtilitiesNASDAQUtilities - Regulated Water
Scan Results
Daily timeframeHeadquartered within the utilities sector, Artesian Resources Corporation focuses on Utilities - Regulated Water services and products. Artesian Resources Corporation provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. Valued at $335.8M, ARTNA is a small-cap name in its sector. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection; and offers wastewater collection, treatment infrastructure, and wastewater services to customers.
Market Cap
$335.8M
Beta
0.32
P/E (TTM)
14.45
P/E (Fwd)
15.56
EPS (TTM)
$2.25
EPS (Fwd)
$2.09
ROE
9.4%
ROA
2.7%
Cash
$4.3M
Total Debt
$186.4M
Free CF
-$29.9M
52W Change
-5.3%
Annual Financials
Cash vs Debt
Artesian Resources Corporation carries $186.4M in total debt against $4.3M in cash reserves — debt is roughly 43.8x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$29.9M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of 9.4% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.7% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $90.9M (2021) to $112.9M (2025), reflecting a 24% increase over the period.
With a beta below 0.7, Artesian Resources Corporation typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. No single metric tells the full story. Reviewing ARTNA's risk profile alongside its fundamentals and technical indicators provides a more complete picture.