Artesian Resources Corporation - Class A Non-Voting (ARTNA): Price and Financial Metrics

ARTNA POWR Grades

• ARTNA scores best on the Stability dimension, with a Stability rank ahead of 74.22% of US stocks.
• ARTNA's strongest trending metric is Quality; it's been moving down over the last 177 days.
• ARTNA ranks lowest in Growth; there it ranks in the 9th percentile.

ARTNA Stock Summary

• Of note is the ratio of ARTESIAN RESOURCES CORP's sales and general administrative expense to its total operating expenses; just 0.15% of US stocks have a lower such ratio.
• For ARTNA, its debt to operating expenses ratio is greater than that reported by 95% of US equities we're observing.
• ARTNA's price/sales ratio is 4.21; that's higher than the P/S ratio of 77.99% of US stocks.
• Stocks that are quantitatively similar to ARTNA, based on their financial statements, market capitalization, and price volatility, are MSEX, NJR, SR, MTN, and ES.
• ARTNA's SEC filings can be seen here. And to visit ARTESIAN RESOURCES CORP's official web site, go to www.artesianresources.com.

ARTNA Valuation Summary

• In comparison to the median Utilities stock, ARTNA's price/sales ratio is 158.82% higher, now standing at 4.4.
• ARTNA's price/sales ratio has moved up 1.6 over the prior 243 months.

Below are key valuation metrics over time for ARTNA.

ARTNA Growth Metrics

The year over year cash and equivalents growth rate now stands at 91.97%.
• Its year over year price growth rate is now at 10.2%.
• The 2 year cash and equivalents growth rate now stands at 44.85%.

ARTNA's revenue has moved up $16,525,000 over the prior 67 months.

The table below shows ARTNA's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	96.355	37.349	18.733
2022-06-30	94.76	28.4	17.645
2022-03-31	92.311	29.813	17.104
2021-12-31	90.859	31.31	16.827
2021-09-30	90.036	25.071	16.881
2021-06-30	89.786	25.019	16.888

ARTNA's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• ARTNA has a Quality Grade of D, ranking ahead of 22.73% of graded US stocks.
• ARTNA's asset turnover comes in at 0.15 -- ranking 84th of 105 Utilities stocks.
• FE, SRE, and NEP are the stocks whose asset turnover ratios are most correlated with ARTNA.

The table below shows ARTNA's key quality metrics over time.