Artesian Non Current Liabilities Total from 2010 to 2024
| ARTNA Stock | USD 35.04 0.54 1.57% |
Non Current Liabilities Total | First Reported 1995-12-31 | Previous Quarter 505 M | Current Value 514.3 M | Quarterly Volatility 135.8 M |
Check Artesian Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Artesian main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.3 M, Interest Expense of 6.6 M or Selling General Administrative of 68.2 M, as well as many exotic indicators such as Price To Sales Ratio of 2.26, Dividend Yield of 0.0389 or PTB Ratio of 1.42. Artesian financial statements analysis is a perfect complement when working with Artesian Resources Valuation or Volatility modules.
Artesian | Non Current Liabilities Total |
Latest Artesian Resources' Non Current Liabilities Total Growth Pattern
Below is the plot of the Non Current Liabilities Total of Artesian Resources over the last few years. It is Artesian Resources' Non Current Liabilities Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Artesian Resources' overall financial position and show how it may be relating to other accounts over time.
| Non Current Liabilities Total | 10 Years Trend |
|
Non Current Liabilities Total |
| Timeline |
Artesian Non Current Liabilities Total Regression Statistics
| Arithmetic Mean | 330,304,130 | |
| Geometric Mean | 280,226,801 | |
| Coefficient Of Variation | 39.45 | |
| Mean Deviation | 96,396,405 | |
| Median | 319,534,000 | |
| Standard Deviation | 130,303,738 | |
| Sample Variance | 16979.1T | |
| Range | 521.4M | |
| R-Value | 0.94 | |
| Mean Square Error | 2244T | |
| R-Squared | 0.88 | |
| Slope | 27,290,417 | |
| Total Sum of Squares | 237706.9T |
Artesian Non Current Liabilities Total History
About Artesian Resources Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Artesian Resources income statement, its balance sheet, and the statement of cash flows. Artesian Resources investors use historical funamental indicators, such as Artesian Resources's Non Current Liabilities Total, to determine how well the company is positioned to perform in the future. Although Artesian Resources investors may use each financial statement separately, they are all related. The changes in Artesian Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Artesian Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Artesian Resources Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Artesian Resources. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Non Current Liabilities Total | 514.3 M | 540.1 M |
Pair Trading with Artesian Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Artesian Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Artesian Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Artesian Stock
| 0.65 | AWK | American Water Works | PairCorr |
| 0.61 | AWR | American States Water Financial Report 8th of May 2024 | PairCorr |
Moving against Artesian Stock
| 0.46 | VIVHY | Vivendi SA PK Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Artesian Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Artesian Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Artesian Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Artesian Resources to buy it.
The correlation of Artesian Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Artesian Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Artesian Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Artesian Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Artesian Resources Correlation against competitors. For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Artesian Stock analysis
When running Artesian Resources' price analysis, check to measure Artesian Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Artesian Resources is operating at the current time. Most of Artesian Resources' value examination focuses on studying past and present price action to predict the probability of Artesian Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artesian Resources' price. Additionally, you may evaluate how the addition of Artesian Resources to your portfolios can decrease your overall portfolio volatility.
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Is Artesian Resources' industry 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 0.383 | Dividend Share 1.136 | Earnings Share 1.67 | Revenue Per Share 9.868 | Quarterly Revenue Growth (0.02) |
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.