Artesian Resources Corp (ARTNA)
34.86
+0.50
(+1.44%)
USD |
NASDAQ |
Apr 19, 16:00
34.86
-0.01
(-0.03%)
After-Hours: 20:00
Artesian Resources Debt to Equity Ratio: 0.7836 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.7836 |
| September 30, 2023 | 0.7757 |
| June 30, 2023 | 0.7819 |
| March 31, 2023 | 1.057 |
| December 31, 2022 | 1.052 |
| September 30, 2022 | 0.9871 |
| June 30, 2022 | 1.024 |
| March 31, 2022 | 0.9519 |
| December 31, 2021 | 0.9637 |
| September 30, 2021 | 0.9876 |
| June 30, 2021 | 0.9927 |
| March 31, 2021 | 0.9675 |
| December 31, 2020 | 1.009 |
| September 30, 2020 | 0.9921 |
| June 30, 2020 | 0.9804 |
| March 31, 2020 | 0.9485 |
| December 31, 2019 | 0.9569 |
| September 30, 2019 | 0.9428 |
| June 30, 2019 | 0.9224 |
| March 31, 2019 | 0.8758 |
| December 31, 2018 | 0.8713 |
| September 30, 2018 | 0.8576 |
| June 30, 2018 | 0.8483 |
| March 31, 2018 | 0.8153 |
| December 31, 2017 | 0.7947 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.785 |
| June 30, 2017 | 0.7913 |
| March 31, 2017 | 0.7955 |
| December 31, 2016 | 0.7968 |
| September 30, 2016 | 0.7942 |
| June 30, 2016 | 0.8059 |
| March 31, 2016 | 0.8314 |
| December 31, 2015 | 0.8722 |
| September 30, 2015 | 0.91 |
| June 30, 2015 | 0.9333 |
| March 31, 2015 | 0.9602 |
| December 31, 2014 | 0.9927 |
| September 30, 2014 | 0.981 |
| June 30, 2014 | 0.95 |
| March 31, 2014 | 0.9317 |
| December 31, 2013 | 0.9601 |
| September 30, 2013 | 0.9751 |
| June 30, 2013 | 0.9639 |
| March 31, 2013 | 0.9879 |
| December 31, 2012 | 0.9992 |
| September 30, 2012 | 1.020 |
| June 30, 2012 | 1.018 |
| March 31, 2012 | 1.028 |
| December 31, 2011 | 1.062 |
| September 30, 2011 | 1.088 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.7757
Minimum
Sep 2023
1.057
Maximum
Mar 2023
0.9514
Average
0.9675
Median
Mar 2021
Debt to Equity Ratio Benchmarks
| Cadiz Inc | 0.9481 |
| Middlesex Water Co | 0.9613 |
| Pure Cycle Corp | 0.0573 |
| The York Water Co | 0.8139 |
| Global Water Resources Inc | 2.212 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 766.83M |
| Total Liabilities (Quarterly) | 536.44M |
| Shareholders Equity (Quarterly) | 230.40M |
| Current Ratio | 1.366 |
| Net Debt Paydown Yield | 0.23% |