ARTNB (Artesian Resources) Interest Coverage: 3.74 (As of Mar. 2026) — Near Median


ARTNB Artesian Resources Corp ARTNB
78 GF Score
Price $33.51
GF Value $38.60
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Artesian Resources Interest Coverage?

Artesian Resources ARTNB 78 Interest Coverage is 3.74 as of Mar. 2026, which is 0% below its 10-year median of 3.75. GuruFocus rates ARTNB with a GF Score™ of 78/100 and a GF Value™ of $38.60 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 449 Utilities - Regulated companies, Artesian Resources ranks better than 53.9% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Artesian Resources's Operating Income for the three months ended in Mar. 2026 was $8.3 Mil. Artesian Resources's Interest Expense for the three months ended in Mar. 2026 was $-2.2 Mil. Artesian Resources's interest coverage for the quarter that ended in Mar. 2026 was 3.74. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Artesian Resources's Interest Coverage or its related term are showing as below:

ARTNB' s Interest Coverage Range Over the Past 10 Years
Min: 3.14   Med: 3.75   Max: 4.35
Current: 4.25


ARTNB's Interest Coverage is ranked better than
53.9% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs ARTNB: 4.25

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Artesian Resources  (OTCPK:ARTNB) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Artesian Resources Interest Coverage Related Terms


Artesian Resources Interest Coverage Historical Data

* Premium members only.

The historical data trend for Artesian Resources's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Artesian Resources Interest Coverage Chart

Artesian Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.69 3.50 3.14 3.81 4.10

Artesian Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 3.42 4.94 5.06 3.27 3.74

ARTNB vs CDZI, PCYO, GWRS: Interest Coverage Comparison

For the Utilities - Regulated Water subindustry, Artesian Resources's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Utilities - Regulated Industry

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

* The bar in red indicates where Artesian Resources's Interest Coverage falls into.


ARTNB
78GF Score
Artesian Resources Corp ARTNB
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Artesian Resources Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Artesian Resources's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Artesian Resources's Interest Expense was $-8.7 Mil. Its Operating Income was $35.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $174.7 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*35.613/-8.686
=4.10

Artesian Resources's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Artesian Resources's Interest Expense was $-2.2 Mil. Its Operating Income was $8.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $183.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*8.335/-2.228
=3.74

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 3.74 mean?
Artesian Resources (ARTNB) has a Interest Coverage of 3.74 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Artesian Resources and its competitors. This is near median its historical median of 3.75. Over the past decade, Artesian Resources' Interest Coverage has ranged from 3.14 to 4.35. According to the industry distribution chart, Artesian Resources ranks #207 out of 449 companies in the Utilities - Regulated industry, placing it in the top 46.1%.
Is Artesian Resources' Interest Coverage too high?
Artesian Resources' current Interest Coverage of 3.74 is near median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 3.14 to a high of 4.35. The Utilities - Regulated industry median Interest Coverage is 3.78. Artesian Resources' value of 3.74 is 1.1% below this industry median. Based on the distribution chart, Artesian Resources ranks #207 out of 449 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Artesian Resources has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Artesian Resources' Interest Coverage compare to CDZI and PCYO?
According to the Utilities - Regulated industry distribution chart, Artesian Resources ranks #207 out of 449 companies for Interest Coverage. This puts Artesian Resources in the upper half of its industry. The industry median Interest Coverage is 3.78. Artesian Resources' value of 3.74 is 1.1% below this benchmark. Historically, Artesian Resources' own Interest Coverage has ranged from 3.14 to 4.35 over the past decade. While the company's 10-year median is 3.75 vs. the industry median of 3.78, 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 Interest Coverage for an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Artesian Resources's current Interest Coverage of 3.74 is 1.1% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Artesian Resources and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artesian Resources's current Interest Coverage is 3.74, which is near median its own 10-year median of 3.75. 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?
Based on GuruFocus' analysis, Artesian Resources (ARTNB) is currently considered Modestly Undervalued. The stock's GF Value™ is $38.60, compared to a current price of $33.51 — trading 13.2% below its estimated fair value. The current Interest Coverage is 3.74, which is near median its 10-year median of 3.75 and 1.1% below the Utilities - Regulated industry median of 3.78. Artesian Resources' overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Artesian Resources (ARTNB), the current Interest Coverage is 3.74 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 13.2% below its estimated GF Value™ of $38.60. GuruFocus considers Artesian Resources to be Modestly Undervalued.

Key valuation signals for ARTNB:

  • Interest Coverage: 3.74 (near median its 10-year median of 3.75)
  • GF Value™: $38.60 vs. price of $33.51 (13.2% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 1.1% below the Utilities - Regulated median (#207 of 449)

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.
78GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.51
Price
$38.60
GF Value