Artesian Resources Corp (ARTNA)
38.18
+1.11
(+2.99%)
USD |
NASDAQ |
May 07, 16:00
38.18
0.00 (0.00%)
After-Hours: 19:59
Artesian Resources Debt to Equity Ratio: 0.7837 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.7837 |
| September 30, 2023 | 0.7977 |
| June 30, 2023 | 0.7843 |
| March 31, 2023 | 1.058 |
| December 31, 2022 | 1.053 |
| September 30, 2022 | 0.9878 |
| June 30, 2022 | 1.026 |
| March 31, 2022 | 0.9527 |
| December 31, 2021 | 0.9639 |
| September 30, 2021 | 0.99 |
| June 30, 2021 | 0.9956 |
| March 31, 2021 | 0.9676 |
| December 31, 2020 | 1.009 |
| September 30, 2020 | 1.014 |
| June 30, 2020 | 0.9816 |
| March 31, 2020 | 0.9487 |
| December 31, 2019 | 0.957 |
| September 30, 2019 | 0.9431 |
| June 30, 2019 | 0.9274 |
| March 31, 2019 | 0.8782 |
| December 31, 2018 | 0.8721 |
| September 30, 2018 | 0.8609 |
| June 30, 2018 | 0.8515 |
| March 31, 2018 | 0.8197 |
| December 31, 2017 | 0.7968 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.794 |
| June 30, 2017 | 0.7996 |
| March 31, 2017 | 0.801 |
| December 31, 2016 | 0.7971 |
| September 30, 2016 | 0.8008 |
| June 30, 2016 | 0.8121 |
| March 31, 2016 | 0.8387 |
| December 31, 2015 | 0.8764 |
| September 30, 2015 | 0.9159 |
| June 30, 2015 | 0.9375 |
| March 31, 2015 | 0.9671 |
| December 31, 2014 | 0.9938 |
| September 30, 2014 | 0.9866 |
| June 30, 2014 | 0.9571 |
| March 31, 2014 | 0.9414 |
| December 31, 2013 | 0.9662 |
| September 30, 2013 | 0.9757 |
| June 30, 2013 | 0.9712 |
| March 31, 2013 | 0.992 |
| December 31, 2012 | 1.006 |
| September 30, 2012 | 1.020 |
| June 30, 2012 | 1.018 |
| March 31, 2012 | 1.028 |
| December 31, 2011 | 1.065 |
| 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
0.7837
Minimum
Dec 2023
1.058
Maximum
Mar 2023
0.9548
Average
0.9676
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 | 0.24% |