Artesian Resources Corporation (ARTNA) financial statements (2020 and earlier)

Company profile

Business Address 664 CHURCHMANS RD
NEWARK, DE 19702
State of Incorp. DE
Fiscal Year End December 31
SIC 4941 - Water Supply (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments0010000
Cash and cash equivalents0010000
Receivables810109855
Prepaid expense322221 
Deferred costs 000001
Prepaid expense and other current assets2
Deferred tax assets   111
Other undisclosed current assets3363495
Total current assets:15161915141713
Noncurrent Assets
Operating lease, right-of-use asset0
Property, plant and equipment4444444
Other noncurrent assets444455 
Prepaid expense and other noncurrent assets5
Deferred tax assets, net    5750
Other undisclosed noncurrent assets526506   (57)(50)
Total noncurrent assets:53451487999
Other undisclosed assets  468429408396381
TOTAL ASSETS:549530495451432422404
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1213148778
Accounts payable5896544
Accrued liabilities3431124
Employee-related liabilities    00 
Taxes payable1      
Interest and dividends payable412111 
Deferred revenue1
Debt33221212
Customer refund liability 3     
Deferred tax liabilities   111
Customer advances and deposits1111
Contract with customer, liability1
Other liabilities4332223
Other undisclosed current liabilities 16107101812
Total current liabilities:50382819233026
Noncurrent Liabilities
Long-term debt and lease obligation0    105106
Long-term debt, excluding current maturities     105106
Operating lease, liability0
Liabilities, other than long-term debt6628678736963
Customer advances or deposits8891011
Deferred revenue and credits11111
Pension and other postretirement defined benefit plans, liabilities0
Deferred revenue6
Contract with customer, liability7
Accumulated deferred investment tax credit01
Asset retirement obligations   1111
Deferred tax liabilities, net555468625750
Liability for uncertainty in income taxes     0 
Liability, pension and other postretirement and postemployment benefits  23000
Other undisclosed noncurrent liabilities7623   (105)(106)
Total noncurrent liabilities:82858678736963
Total liabilities:13312311498969989
Stockholders' equity
Stockholders' equity attributable to parent157153147139132126122
Common stock9999999
Additional paid in capital10210110097969391
Retained earnings46433832282422
Total stockholders' equity:157153147139132126122
Other undisclosed liabilities and equity259254234214203197193
TOTAL LIABILITIES AND EQUITY:549530495451432422404

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Gross profit:82808279777269
Operating expenses(62)(61)(63)(60)(59)(56)(55)
Other operating income, net     11
Other undisclosed operating loss     (1)(1)
Operating income:20192019181614
Nonoperating income2211111
Public utilities, allowance for funds used during construction, additions1100000
Other nonoperating income1101011
Interest and debt expense(7)(6)(6)(7)(7)(7)(7)
Other undisclosed income from continuing operations before equity method investments, income taxes7667777
Income from continuing operations before equity method investments, income taxes:22212020181715
Other undisclosed income (loss) from continuing operations before income taxes(1)(1)121(1)(1)
Income from continuing operations before income taxes:20192121191614
Income tax expense(5)(5)(7)(8)(8)(6)(6)
Net income:1514141311108
Other undisclosed net income (loss) attributable to parent(1)(0)  0 (0)
Net income available to common stockholders, diluted:1514141311108

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:1514141311108
Comprehensive income, net of tax, attributable to parent:1514141311108

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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