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Artesian Resources (Artesian Resources) Retained Earnings : $76.74 Mil (As of Dec. 2023)


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What is Artesian Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Artesian Resources's retained earnings for the quarter that ended in Dec. 2023 was $76.74 Mil.

Artesian Resources's quarterly retained earnings increased from Jun. 2023 ($74.09 Mil) to Sep. 2023 ($76.24 Mil) and increased from Sep. 2023 ($76.24 Mil) to Dec. 2023 ($76.74 Mil).

Artesian Resources's annual retained earnings increased from Dec. 2021 ($63.61 Mil) to Dec. 2022 ($71.29 Mil) and increased from Dec. 2022 ($71.29 Mil) to Dec. 2023 ($76.74 Mil).


Artesian Resources Retained Earnings Historical Data

The historical data trend for Artesian Resources's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Artesian Resources Retained Earnings Chart

Artesian Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.17 56.61 63.61 71.29 76.74

Artesian Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.29 72.35 74.09 76.24 76.74

Artesian Resources Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Artesian Resources  (NAS:ARTNA) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Artesian Resources (Artesian Resources) Business Description

Traded in Other Exchanges
Address
664 Churchmans Road, Newark, DE, USA, 19702
Artesian Resources Corp operates as the holding company of eight wholly-owned subsidiaries offering water, wastewater, and other services on the Delmarva Peninsula. It distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal, and utility customers in the states of Delaware, Maryland, and Pennsylvania. The company is focusing on a wide spectrum of activities, which include identifying new and dependable sources of water supply; developing wells, treatment plants and delivery systems to get water to customers.
Executives
Nicholle Renee Taylor director, officer: Director / Vice President 664 CHURCHMANS ROAD, NEWARK DE 19702
John M Thaeder officer: Senior VP of Operations
Emerson Courtney A officer: Gen Counsel & Asst Secretary 107 DODGE DRIVE, SMYRNA DE 19977
Dian C Taylor director, officer: C.E.O. President
Kenneth R Biederman director
Raymond T. Kelly officer: VP of Information Technology 15 GABRIELLE CIRCLE, SWEDESBORO NJ 08085
Daniel Konstanski officer: Vice President of Engineering 607 S CLAYTON STREET, WILMINGTON DE 19805
Eisenbrey John R Jr director
Pierre A Anderson officer: VP of Information Technology 664 CHURCHMANS ROAD, NEWARK DE 19702
William C Wyer director
Michael Houghton director 212 CLOVER DRIVE, HOCKESSIN DE 19707
Karl G. Randall officer: Asst Secretary and Gen Counsel 664 CHURCHMANS ROAD, NEWARK DE 19702
Schreppler John J Ii officer: VP and General Counsel
Joseph A Dinunzio officer: Exec VP / Corp Secretary 664 CHURCHMANS ROAD, NEWARK DE 19702
David B Spacht officer: CFO and Treasurer