Artesian Payout Ratio vs Capex To Revenue Analysis

ARTNA Stock

USD 36.34 0.35 0.97%

Artesian Resources financial indicator trend analysis is way more than just evaluating Artesian Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Artesian Resources is a good investment. Please check the relationship between Artesian Resources Payout Ratio and its Capex To Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artesian Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.

Payout Ratio vs Capex To Revenue

Payout Ratio vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Artesian Resources Payout Ratio account and Capex To Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Artesian Resources' Payout Ratio and Capex To Revenue is -0.5. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Artesian Resources, assuming nothing else is changed. The correlation between historical values of Artesian Resources' Payout Ratio and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Artesian Resources are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Payout Ratio i.e., Artesian Resources' Payout Ratio and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.5

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Artesian Resources earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Artesian Resources dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Artesian Resources is paying out more in dividends than it makes in net income.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Most indicators from Artesian Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Artesian Resources current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artesian Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.At present, Artesian Resources' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 39.1 M, whereas Tax Provision is forecasted to decline to about 5.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	7.6M	8.5M	9.2M	6.6M
Depreciation And Amortization	11.9M	12.6M	13.3M	7.5M

Interest Expense Depreciation And Amortization

Artesian Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.94	-0.52	0.52	0.77	1.0	0.74	0.96	0.76	0.83	0.35	1.0	-0.45	0.35	0.9	0.82	0.81	0.81	0.48	0.46	0.21	1.0	0.75	0.67	0.14	0.8
Short Long Term Debt Total	0.94		-0.6	0.58	0.74	0.94	0.82	0.99	0.69	0.66	0.26	0.94	-0.34	0.26	0.85	0.85	0.85	0.78	0.43	0.41	0.15	0.94	0.72	0.62	0.24	0.84
Other Current Liab	-0.52	-0.6		-0.04	-0.55	-0.53	-0.82	-0.54	-0.31	-0.16	-0.07	-0.52	0.26	-0.07	-0.44	-0.78	-0.8	-0.51	-0.17	-0.24	-0.46	-0.48	-0.38	-0.35	0.1	-0.8
Total Current Liabilities	0.52	0.58	-0.04		0.32	0.52	0.3	0.63	0.47	0.57	-0.17	0.53	-0.48	-0.17	0.49	0.28	0.32	0.39	0.06	0.01	-0.12	0.56	0.41	0.27	0.82	0.3
Total Stockholder Equity	0.77	0.74	-0.55	0.32		0.77	0.81	0.75	0.93	0.61	0.71	0.77	-0.19	0.71	0.71	0.64	0.7	0.99	0.8	0.84	0.2	0.77	0.96	0.92	-0.22	0.64
Property Plant And Equipment Net	1.0	0.94	-0.53	0.52	0.77		0.75	0.96	0.75	0.82	0.33	1.0	-0.46	0.33	0.89	0.83	0.82	0.8	0.46	0.45	0.22	1.0	0.75	0.66	0.15	0.81
Current Deferred Revenue	0.74	0.82	-0.82	0.3	0.81	0.75		0.77	0.59	0.41	0.34	0.74	-0.25	0.34	0.65	0.91	0.95	0.79	0.42	0.48	0.5	0.72	0.67	0.63	-0.09	0.93
Net Debt	0.96	0.99	-0.54	0.63	0.75	0.96	0.77		0.74	0.73	0.27	0.96	-0.39	0.27	0.85	0.8	0.8	0.8	0.45	0.43	0.09	0.96	0.75	0.64	0.28	0.79
Retained Earnings	0.76	0.69	-0.31	0.47	0.93	0.75	0.59	0.74		0.75	0.69	0.76	-0.29	0.69	0.7	0.43	0.49	0.95	0.8	0.8	-0.07	0.77	0.97	0.9	-0.05	0.42
Accounts Payable	0.83	0.66	-0.16	0.57	0.61	0.82	0.41	0.73	0.75		0.33	0.83	-0.61	0.33	0.74	0.47	0.49	0.67	0.4	0.36	0.06	0.85	0.69	0.57	0.17	0.46
Cash	0.35	0.26	-0.07	-0.17	0.71	0.33	0.34	0.27	0.69	0.33		0.34	0.26	1.0	0.44	0.15	0.17	0.7	0.93	0.9	-0.03	0.35	0.75	0.86	-0.63	0.12
Non Current Assets Total	1.0	0.94	-0.52	0.53	0.77	1.0	0.74	0.96	0.76	0.83	0.34		-0.46	0.34	0.89	0.82	0.82	0.81	0.47	0.46	0.21	1.0	0.75	0.66	0.15	0.8
Non Currrent Assets Other	-0.45	-0.34	0.26	-0.48	-0.19	-0.46	-0.25	-0.39	-0.29	-0.61	0.26	-0.46		0.26	-0.3	-0.32	-0.37	-0.25	0.19	0.19	-0.19	-0.46	-0.17	-0.04	-0.37	-0.35
Cash And Short Term Investments	0.35	0.26	-0.07	-0.17	0.71	0.33	0.34	0.27	0.69	0.33	1.0	0.34	0.26		0.44	0.15	0.17	0.7	0.93	0.9	-0.03	0.35	0.75	0.86	-0.63	0.12
Net Receivables	0.9	0.85	-0.44	0.49	0.71	0.89	0.65	0.85	0.7	0.74	0.44	0.89	-0.3	0.44		0.72	0.71	0.75	0.59	0.48	0.26	0.9	0.73	0.75	0.14	0.7
Common Stock Total Equity	0.82	0.85	-0.78	0.28	0.64	0.83	0.91	0.8	0.43	0.47	0.15	0.82	-0.32	0.15	0.72		0.99	0.63	0.23	0.27	0.59	0.79	0.5	0.45	0.0	1.0
Common Stock Shares Outstanding	0.81	0.85	-0.8	0.32	0.7	0.82	0.95	0.8	0.49	0.49	0.17	0.82	-0.37	0.17	0.71	0.99		0.68	0.25	0.29	0.61	0.79	0.54	0.5	0.01	0.99
Non Current Liabilities Total	0.81	0.78	-0.51	0.39	0.99	0.8	0.79	0.8	0.95	0.67	0.7	0.81	-0.25	0.7	0.75	0.63	0.68		0.8	0.81	0.14	0.81	0.97	0.93	-0.15	0.62
Inventory	0.48	0.43	-0.17	0.06	0.8	0.46	0.42	0.45	0.8	0.4	0.93	0.47	0.19	0.93	0.59	0.23	0.25	0.8		0.92	-0.07	0.49	0.87	0.94	-0.4	0.2
Other Current Assets	0.46	0.41	-0.24	0.01	0.84	0.45	0.48	0.43	0.8	0.36	0.9	0.46	0.19	0.9	0.48	0.27	0.29	0.81	0.92		-0.11	0.46	0.85	0.88	-0.46	0.25
Other Stockholder Equity	0.21	0.15	-0.46	-0.12	0.2	0.22	0.5	0.09	-0.07	0.06	-0.03	0.21	-0.19	-0.03	0.26	0.59	0.61	0.14	-0.07	-0.11		0.17	0.0	0.09	-0.23	0.6
Total Liab	1.0	0.94	-0.48	0.56	0.77	1.0	0.72	0.96	0.77	0.85	0.35	1.0	-0.46	0.35	0.9	0.79	0.79	0.81	0.49	0.46	0.17		0.77	0.67	0.17	0.77
Property Plant And Equipment Gross	0.75	0.72	-0.38	0.41	0.96	0.75	0.67	0.75	0.97	0.69	0.75	0.75	-0.17	0.75	0.73	0.5	0.54	0.97	0.87	0.85	0.0	0.77		0.95	-0.12	0.48
Total Current Assets	0.67	0.62	-0.35	0.27	0.92	0.66	0.63	0.64	0.9	0.57	0.86	0.66	-0.04	0.86	0.75	0.45	0.5	0.93	0.94	0.88	0.09	0.67	0.95		-0.25	0.44
Short Term Debt	0.14	0.24	0.1	0.82	-0.22	0.15	-0.09	0.28	-0.05	0.17	-0.63	0.15	-0.37	-0.63	0.14	0.0	0.01	-0.15	-0.4	-0.46	-0.23	0.17	-0.12	-0.25		0.02
Common Stock	0.8	0.84	-0.8	0.3	0.64	0.81	0.93	0.79	0.42	0.46	0.12	0.8	-0.35	0.12	0.7	1.0	0.99	0.62	0.2	0.25	0.6	0.77	0.48	0.44	0.02

Click cells to compare fundamentals

Artesian Resources Account Relationship Matchups

Artesian Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	560.4M	593.2M	625.2M	719.8M	767.2M	384.9M
Short Long Term Debt Total	153.8M	171.3M	172.0M	198.3M	181.1M	119.2M
Other Current Liab	6.2M	6.8M	6.9M	8.5M	7.5M	7.6M
Total Current Liabilities	25.6M	43.7M	47.7M	44.1M	22.4M	26.6M
Total Stockholder Equity	160.3M	169.4M	178.0M	187.9M	230.4M	241.9M
Property Plant And Equipment Net	535.0M	563.8M	594.6M	672.2M	718.5M	361.6M
Current Deferred Revenue	2.0M	2.1M	2.3M	2.5M	3.0M	3.1M
Net Debt	153.2M	171.3M	171.9M	197.0M	178.6M	115.6M
Retained Earnings	49.2M	56.6M	63.6M	71.3M	76.7M	80.6M
Accounts Payable	8.2M	6.3M	10.2M	10.9M	9.7M	5.3M
Cash	596K	28K	92K	1.3M	2.5M	2.6M
Non Current Assets Total	546.2M	575.6M	606.1M	692.0M	736.5M	370.5M
Non Currrent Assets Other	(41.1M)	(43.5M)	(41.7M)	(47.1M)	7.4M	7.8M
Cash And Short Term Investments	596K	28K	92K	1.3M	2.5M	2.6M
Net Receivables	8.1M	12.0M	12.2M	16.7M	16.6M	9.1M
Common Stock Total Equity	9.3M	9.4M	9.4M	9.5M	10.9M	6.8M
Common Stock Shares Outstanding	9.3M	9.4M	9.4M	9.5M	10.0M	7.8M
Liabilities And Stockholders Equity	560.4M	593.2M	625.2M	719.8M	767.2M	384.9M
Non Current Liabilities Total	374.5M	380.1M	399.5M	487.8M	514.3M	540.1M
Inventory	1.3M	1.5M	1.9M	4.7M	6.0M	6.3M
Other Current Assets	2.3M	2.2M	2.7M	2.9M	5.6M	5.8M
Other Stockholder Equity	101.8M	103.5M	105.0M	107.1M	143.4M	118.8M
Total Liab	400.1M	423.8M	447.2M	531.9M	536.8M	278.2M
Property Plant And Equipment Gross	535.0M	563.8M	754.9M	846.2M	904.7M	949.9M
Total Current Assets	14.2M	17.6M	19.2M	27.8M	30.6M	32.1M
Short Term Debt	9.2M	28.6M	28.3M	22.2M	2.3M	2.1M
Common Stock	9.3M	9.4M	9.4M	9.5M	10.3M	6.9M
Other Liab	229.9M	237.3M	256.2M	311.7M	358.5M	376.4M
Other Assets	11.1M	575.6M	15.6M	17.8M	20.5M	36.4M
Long Term Debt	144.2M	142.3M	143.3M	175.6M	178.3M	119.8M
Property Plant Equipment	530.7M	559.6M	590.4M	668.0M	768.2M	396.5M
Good Will	288K	623K	0.0	1.9M	2.2M	2.3M
Net Tangible Assets	453.9M	472.0M	497.9M	587.9M	676.0M	369.2M
Retained Earnings Total Equity	49.2M	56.6M	63.6M	71.3M	82.0M	42.8M
Long Term Debt Total	144.2M	142.3M	143.3M	175.6M	202.0M	140.2M
Capital Surpluse	101.8M	103.5M	105.0M	107.1M	123.2M	107.1M
Deferred Long Term Liab	52.7M	50.8M	53.6M	55.0M	63.2M	45.0M
Non Current Liabilities Other	177.6M	186.9M	202.7M	257.2M	247.9M	162.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

AVAV	AeroVironment
ELVN	Enliven Therapeutics
NFLX	Netflix

When determining whether Artesian Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Artesian Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Artesian Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Artesian Resources Stock:

How To Invest In Artesian

Details

Is Artesian Stock a good investment?

Details

What is Artesian Resources' Net Worth?

Details

Largest Water Utilities Companies

View

Largest Utilities - Regulated Water Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artesian Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.

You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Is Water Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Artesian Resources. If investors know Artesian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Artesian Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.176

Dividend Share

1.159

Earnings Share

1.78

Revenue Per Share

10.02

Quarterly Revenue Growth

0.086

The market value of Artesian Resources is measured differently than its book value, which is the value of Artesian that is recorded on the company's balance sheet. Investors also form their own opinion of Artesian Resources' value that differs from its market value or its book value, called intrinsic value, which is Artesian Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Artesian Resources' market value can be influenced by many factors that don't directly affect Artesian Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Artesian Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Artesian Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Artesian Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Artesian Payout Ratio vs Capex To Revenue Analysis

Payout Ratio vs Capex To Revenue

Payout Ratio vs Capex To Revenue Correlation Analysis

Correlation Coefficient

Payout Ratio

Capex To Revenue

Artesian Resources fundamental ratios Correlations

Artesian Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Artesian Resources fundamental ratios Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Current Deferred Revenue	- 0.82	Other Current Liab
Common Stock	- 0.8	Other Current Liab
Common Stock Shares Outstanding	- 0.8	Other Current Liab
Common Stock Total Equity	- 0.78	Other Current Liab
Short Term Debt	- 0.63	Cash And Short Term Investments
Short Term Debt	- 0.63	Cash