Artesian Resources Corporation (ARTNA) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments0101000
Cash and cash equivalents0101000
Receivables1281010985
Prepaid expense2222221
Deferred costs0000000
Deferred tax assets   11
Other undisclosed current assets3336349
Total current assets:18141619151417
Noncurrent Assets
Operating lease, right-of-use asset00
Property, plant and equipment4444444
Other noncurrent assets5444455
Deferred tax assets, net    57
Other undisclosed noncurrent assets566538506   (57)
Total noncurrent assets:5765465148799
Other undisclosed assets   468429408396
TOTAL ASSETS:593560530495451432422
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11121314877
Accounts payable6889654
Accrued liabilities3343112
Employee-related liabilities     00
Taxes payable00     
Interest and dividends payable1112111
Deferred revenue2 
Debt2222121
Customer refund liability  3    
Deferred tax liabilities   11
Customer advances and deposits1111
Contract with customer, liability1
Other liabilities2233222
Other undisclosed current liabilities279161071018
Total current liabilities:44263828192330
Noncurrent Liabilities
Long-term debt and lease obligation00    105
Long-term debt, excluding current maturities      105
Operating lease, liability00
Liabilities, other than long-term debt55586286787369
Customer advances or deposits88910
Deferred revenue and credits1111
Deferred revenue55
Contract with customer, liability7
Accumulated deferred investment tax credit001
Asset retirement obligations    111
Deferred tax liabilities, net5554686257
Deferred income tax liabilities5052
Liability for uncertainty in income taxes      0
Liability, pension and other postretirement and postemployment benefits   23000
Other undisclosed noncurrent liabilities222223   (105)
Total noncurrent liabilities:77818586787369
Total liabilities:121106123114989699
Stockholders' equity
Stockholders' equity attributable to parent169160153147139132126
Common stock9999999
Additional paid in capital103102101100979693
Retained earnings57494338322824
Total stockholders' equity:169160153147139132126
Other undisclosed liabilities and equity303294254234214203197
TOTAL LIABILITIES AND EQUITY:593560530495451432422

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Gross profit:88848082797772
Operating expenses(66)(64)(61)(63)(60)(59)(56)
Other operating income, net      1
Other undisclosed operating loss      (1)
Operating income:22201920191816
Nonoperating income2221111
Public utilities, allowance for funds used during construction, additions1110000
Other nonoperating income1110101
Interest and debt expense(8)(7)(6)(6)(7)(7)(7)
Other undisclosed income from continuing operations before equity method investments, income taxes8766777
Income from continuing operations before equity method investments, income taxes:24222120201817
Other undisclosed income (loss) from continuing operations before income taxes(2)(2)(1)121(1)
Income from continuing operations before income taxes:23201921211916
Income tax expense(6)(5)(5)(7)(8)(8)(6)
Net income:17151414131110
Other undisclosed net income (loss) attributable to parent  (0)  0 
Net income available to common stockholders, diluted:17151414131110

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:17151414131110
Comprehensive income, net of tax, attributable to parent:17151414131110

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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