ARTNB (Artesian Resources) Debt-to-Equity: 0.74 (As of Mar. 2026) — 12% Below Median


ARTNB Artesian Resources Corp ARTNB
75 GF Score
Price $33.51
GF Value $36.96
! 3 Warning Signs
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What is Artesian Resources Debt-to-Equity?

Artesian Resources ARTNB 75 Debt-to-Equity is 0.74 as of Mar. 2026, which is 12% below its 10-year median of 0.84. GuruFocus rates ARTNB with a GF Score™ of 75/100 and a GF Value™ of $36.96. The stock has 3 warning signs investors should review. Among 473 Utilities - Regulated companies, Artesian Resources ranks better than 58.99% on this metric.

Artesian Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2.6 Mil. Artesian Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $183.9 Mil. Artesian Resources's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $252.8 Mil. Artesian Resources's debt to equity for the quarter that ended in Mar. 2026 was 0.74.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Artesian Resources's Debt-to-Equity or its related term are showing as below:

ARTNB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.71   Med: 0.84   Max: 1.06
Current: 0.74

During the past 13 years, the highest Debt-to-Equity Ratio of Artesian Resources was 1.06. The lowest was 0.71. And the median was 0.84.

ARTNB's Debt-to-Equity is ranked better than
58.99% of 473 companies
in the Utilities - Regulated industry
Industry Median: 0.99 vs ARTNB: 0.74

Artesian Resources  (OTCPK:ARTNB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Artesian Resources Debt-to-Equity Related Terms


Artesian Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Artesian Resources's Debt-to-Equity 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.

Artesian Resources Debt-to-Equity Chart

Artesian Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 1.06 0.79 0.75 0.73

Artesian Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.74 0.73 0.71 0.73 0.74

ARTNB vs CDZI, PCYO, CWCO: Debt-to-Equity Comparison

For the Utilities - Regulated Water subindustry, Artesian Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Artesian Resources Debt-to-Equity vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Artesian Resources's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Artesian Resources's Debt-to-Equity falls into.


ARTNB
75GF Score
Artesian Resources Corp ARTNB
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Artesian Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Artesian Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Artesian Resources's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.74 mean?
Artesian Resources (ARTNB) has a Debt-to-Equity of 0.74 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Artesian Resources and its competitors. This is 12% below median its historical median of 0.84. Over the past decade, Artesian Resources' Debt-to-Equity has ranged from 0.71 to 1.06. According to the industry distribution chart, Artesian Resources ranks #194 out of 473 companies in the Utilities - Regulated industry, placing it in the top 41%.
Is Artesian Resources' Debt-to-Equity too high?
Artesian Resources' current Debt-to-Equity of 0.74 is 12% below median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.06. The Utilities - Regulated industry median Debt-to-Equity is 0.99. Artesian Resources' value of 0.74 is 25.3% below this industry median. Based on the distribution chart, Artesian Resources ranks #194 out of 473 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Artesian Resources has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Artesian Resources' Debt-to-Equity compare to CDZI and PCYO?
According to the Utilities - Regulated industry distribution chart, Artesian Resources ranks #194 out of 473 companies for Debt-to-Equity. This puts Artesian Resources in the upper half of its industry. The industry median Debt-to-Equity is 0.99. Artesian Resources' value of 0.74 is 25.3% below this benchmark. Historically, Artesian Resources' own Debt-to-Equity has ranged from 0.71 to 1.06 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 0.99, Artesian Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.99, based on 473 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Artesian Resources's current Debt-to-Equity of 0.74 is 25.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Artesian Resources and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artesian Resources's current Debt-to-Equity is 0.74, which is 12% below median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artesian Resources stock overvalued right now?
Artesian Resources (ARTNB) has a current Debt-to-Equity of 0.74. The stock's GF Value™ is $36.96, compared to a current price of $33.51 — trading 9.3% below its estimated fair value. The current Debt-to-Equity is 0.74, which is 12% below median its 10-year median of 0.84 and 25.3% below the Utilities - Regulated industry median of 0.99. Artesian Resources' overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Artesian Resources (ARTNB), the current Debt-to-Equity is 0.74 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Artesian Resources (ARTNB) Overvalued in 2026?

Based on GuruFocus' analysis, Artesian Resources stock appears to be undervalued. The current stock price of $33.51 is trading 9.3% below its estimated GF Value™ of $36.96.

Key valuation signals for ARTNB:

  • Debt-to-Equity: 0.74 (12% below median its 10-year median of 0.84)
  • GF Value™: $36.96 vs. price of $33.51 (9.3% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 25.3% below the Utilities - Regulated median (#194 of 473)

No single metric tells the full story. See the ARTNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Artesian Resources Business Description

Other Exchanges ARTNA:USA
Address 664 Churchmans Road, Newark, DE, USA, 19702
Artesian Resources Corp operates as a holding company based in the United States. Through its subsidiaries, it offers water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The Group distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal, and utility customers. Additionally, it is involved in contract water and wastewater operations; offers wastewater services, and water, sewer, and internal Service Line Protection Plans. The Group operates its businesses mainly through one reportable segment, the Regulated Utility segment.
75GF Score

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$33.51
Price
$36.96
GF Value