ARTNA NASDAQ
Credit Risk of going bust: lower than 81% of companies Debt: 34.6% of company value Bonds: none of note held by US funds details ▾
If the stock fell to about $0.77 (down 98%), Artesian Resources Corporation would be worth roughly what it owes.
Total debt $185.5M against a stock market value of $351.2M.
Distance to default 10.02 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $93.8M (short-term plus half of long-term), stock volatility 19.8%; Altman Z'' 1.11. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Newark, DE 19702
US
Established in 1905 and headquartered in Newark, Delaware, Artesian Resources Corporation, through its various subsidiaries, delivers water, wastewater, and a range of associated utility services across Delaware, Maryland, and Pennsylvania. The company supplies water for residential, commercial, industrial, governmental, municipal, and utility consumption, along with supporting public and private fire protection, throughout these three states. In Delaware, it provides comprehensive wastewater collection, treatment facilities, and related services. Beyond its primary utility operations, Artesian offers contract water and wastewater services, protective plans for water, sewer, and internal service lines, and comprehensive wastewater management. Its capabilities also encompass design, construction, and engineering services within the utility sector. Furthermore, it extends support to other water utilities by managing their operations and billing. The corporation holds various real estate assets, such as land for its offices and for water and wastewater treatment facilities, and its portfolio also includes the design, installation, maintenance, and repair of stormwater management systems. By December 31, 2021, Artesian's extensive network, comprising 1,368 miles of transmission and distribution mains, served approximately 91,700 customers in Delaware, 2,500 in Maryland, and 40 in Pennsylvania.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Smith Deirdre S. | 0 | — | 2026-09-27 | |
| TAYLOR DIAN C | S-Sale | 2,000 | $35.29 | 2026-09-17 |
| SPACHT DAVID B | J-Other | 750 | $35.07 | 2026-09-16 |
| SPACHT DAVID B | J-Other | 750 | — | 2026-09-16 |
| Finch Jennifer Leigh | J-Other | 750 | $35.07 | 2026-09-16 |