Artesian Resources Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $52.0K | $1.1M | $2.5M | $1.3M | $92.0K | $28.0K | $596.0K | $293.0K |
| Accounts Receivable | $9.5M | $11.3M | $12.8M | $13.5M | $8.4M | $10.2M | $6.9M | $8.2M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $21.4M | $24.5M | $30.6M | $27.8M | $18.7M | $17.6M | $14.2M | $16.1M |
| Property, Plant & Equipment | $3.5M | $3.6M | $3.7M | $3.7M | $3.8M | $3.8M | $3.8M | $3.8M |
| Goodwill | $1.9M | $1.9M | $1.9M | $1.9M | $0 | $0 | $0 | $0 |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $851.2M | $798.6M | $766.8M | $719.8M | $624.7M | $593.2M | $560.4M | $529.8M |
| Liabilities | ||||||||
| Accounts Payable | $14.0M | $11.2M | $9.7M | $10.9M | $10.2M | $6.3M | $8.2M | $8.2M |
| Total Current Liabilities | $33.7M | $25.6M | $22.4M | $44.1M | $47.2M | $43.7M | $25.6M | $37.7M |
| Long-Term Debt | $174.3M | $176.5M | $178.3M | $175.6M | $143.3M | $142.3M | $144.2M | $115.9M |
| Total Liabilities | $601.3M | $559.4M | $536.4M | $531.9M | $446.7M | $423.8M | $400.1M | $376.6M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $95.1M | $85.0M | $76.7M | $71.3M | $63.6M | $56.6M | $49.2M | $43.4M |
| Total Stockholders' Equity | $249.9M | $239.2M | $230.4M | $187.9M | $178.0M | $169.4M | $160.3M | $153.3M |