ARTNB (Artesian Resources) Financial Strength: 4 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ARTNB Artesian Resources Corp ARTNB
83 GF Score
Price $33.51
GF Value $36.21
! 3 Warning Signs
View Full Analysis

What is Artesian Resources Financial Strength?

Artesian Resources ARTNB 83 Financial Strength is 4 as of Mar. 2026, which is at its 10-year median of 4.00. GuruFocus rates ARTNB with a GF Score™ of 83/100 and a GF Value™ of $36.21. The stock has 3 warning signs investors should review.

Artesian Resources has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Artesian Resources's Interest Coverage for the quarter that ended in Mar. 2026 was 3.74. Artesian Resources's debt to revenue ratio for the quarter that ended in Mar. 2026 was 1.68. As of today, Artesian Resources's Altman Z-Score is 0.80.


Artesian Resources  (OTCPK:ARTNB) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Artesian Resources has the Financial Strength Rank of 4.


Artesian Resources Financial Strength Related Terms


ARTNB vs CDZI, PCYO, CWCO: Financial Strength Comparison

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

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

* The bar in red indicates where Artesian Resources's Financial Strength falls into.


ARTNB
83GF Score
Artesian Resources Corp ARTNB
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Artesian Resources Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

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

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:

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

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

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

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

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

Debt to Revenue Ratio=Total Debt (Q: Mar. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2.558 + 183.853) / 111.096
=1.68

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Artesian Resources has a Z-score of 0.80, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.8 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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 Financial Strength →
What does a Financial Strength of 4 mean?
Artesian Resources (ARTNB) has a Financial Strength of 4 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Artesian Resources and its competitors. This is near median its historical median of 4.00. Over the past decade, Artesian Resources' Financial Strength has ranged from 3.00 to 5.00.
Is Artesian Resources' Financial Strength too high?
Artesian Resources' current Financial Strength of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 5.00. Overall, Artesian Resources has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Artesian Resources' Financial Strength compare to CDZI and PCYO?
Artesian Resources' Financial Strength of 4 can be compared against companies in the Utilities - Regulated industry. Historically, Artesian Resources' own Financial Strength has ranged from 3.00 to 5.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Utilities - Regulated company?
A good Financial Strength depends on the Utilities - Regulated industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Artesian Resources and its competitors. Artesian Resources's current Financial Strength is 4, which is near median its own 10-year median of 4.00. 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 Financial Strength of 4. The stock's GF Value™ is $36.21, compared to a current price of $33.51 — trading 7.5% below its estimated fair value. The current Financial Strength is 4, which is near median its 10-year median of 4.00. Artesian Resources' overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Artesian Resources (ARTNB), the current Financial Strength is 4 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 7.5% below its estimated GF Value™ of $36.21.

Key valuation signals for ARTNB:

  • Financial Strength: 4 (near median its 10-year median of 4.00)
  • GF Value™: $36.21 vs. price of $33.51 (7.5% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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.
83GF Score

Get the complete analysis for ARTNB

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

$33.51
Price
$36.21
GF Value