Artesian Resources Debt-to-Equity Ratio Growth & History (ARTNA)
Artesian Resources's debt-to-equity ratio was 0.71 for fiscal 2025.
View full Artesian Resources company overviewArtesian Resources annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.71 | −0.04 | −5.50% |
| 2024 | 2024-12-31 | 0.75 | −0.04 | −4.72% |
| 2023 | 2023-12-31 | 0.79 | −0.16 | −17.07% |
| 2022 | 2022-12-31 | 0.95 | 0.13 | +16.10% |
| 2021 | 2021-12-31 | 0.82 | −0.04 | −4.33% |
| 2020 | 2020-12-31 | 0.85 | −0.06 | −6.56% |
| 2019 | 2019-12-31 | 0.91 | 0.15 | +19.00% |
| 2018 | 2018-12-31 | 0.77 | 0.04 | +5.22% |
| 2017 | 2017-12-31 | 0.73 | −0.02 | −2.19% |
| 2016 | 2016-12-31 | 0.75 | −0.05 | −5.98% |
| 2015 | 2015-12-31 | 0.79 | −0.05 | −6.21% |
| 2014 | 2014-12-31 | 0.85 | −0.03 | −3.40% |
| 2013 | 2013-12-31 | 0.88 | −0.03 | −3.66% |
| 2012 | 2012-12-31 | 0.91 | −0.05 | −5.17% |
| 2011 | 2011-12-31 | 0.96 | −0.16 | −14.49% |
| 2010 | 2010-12-31 | 1.12 | — | — |
Artesian Resources quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.71 | −0.00 | −0.38% |
| Q1 2026 | 2026-03-31 | 0.73 | −0.00 | −0.34% |
| Q4 2025 | 2025-12-31 | 0.71 | −0.04 | −5.50% |
| Q3 2025 | 2025-09-30 | 0.70 | −0.04 | −5.49% |
| Q2 2025 | 2025-06-30 | 0.72 | −0.04 | −5.60% |
| Q1 2025 | 2025-03-31 | 0.73 | −0.04 | −5.34% |
| Q4 2024 | 2024-12-31 | 0.75 | −0.04 | −4.72% |
| Q3 2024 | 2024-09-30 | 0.74 | −0.02 | −3.10% |
| Q2 2024 | 2024-06-30 | 0.76 | −0.02 | −2.00% |
| Q1 2024 | 2024-03-31 | 0.77 | −0.16 | −17.51% |
| Q4 2023 | 2023-12-31 | 0.79 | −0.16 | −17.07% |
| Q3 2023 | 2023-09-30 | 0.77 | −0.16 | −17.28% |
| Q2 2023 | 2023-06-30 | 0.77 | −0.19 | −19.46% |
| Q1 2023 | 2023-03-31 | 0.93 | 0.14 | +17.72% |
| Q4 2022 | 2022-12-31 | 0.95 | 0.13 | +16.10% |
| Q3 2022 | 2022-09-30 | 0.93 | 0.11 | +12.82% |
| Q2 2022 | 2022-06-30 | 0.96 | 0.13 | +15.04% |
| Q1 2022 | 2022-03-31 | 0.79 | −0.03 | −4.13% |
| Q4 2021 | 2021-12-31 | 0.82 | −0.04 | −4.33% |
| Q3 2021 | 2021-09-30 | 0.82 | −0.04 | −4.59% |
| Q2 2021 | 2021-06-30 | 0.84 | −0.05 | −5.15% |
| Q1 2021 | 2021-03-31 | 0.83 | −0.06 | −6.65% |
| Q4 2020 | 2020-12-31 | 0.85 | −0.06 | −6.56% |
| Q3 2020 | 2020-09-30 | 0.86 | 0.13 | +17.69% |
| Q2 2020 | 2020-06-30 | 0.88 | 0.13 | +17.99% |
| Q1 2020 | 2020-03-31 | 0.89 | 0.13 | +16.89% |
| Q4 2019 | 2019-12-31 | 0.91 | 0.15 | +19.00% |
| Q3 2019 | 2019-09-30 | 0.73 | −0.02 | −2.93% |
| Q2 2019 | 2019-06-30 | 0.75 | 0.03 | +4.21% |
| Q1 2019 | 2019-03-31 | 0.76 | 0.02 | +2.52% |
| Q4 2018 | 2018-12-31 | 0.77 | 0.04 | +5.22% |
| Q3 2018 | 2018-09-30 | 0.76 | 0.01 | +1.87% |
| Q2 2018 | 2018-06-30 | 0.72 | −0.04 | −4.99% |
| Q1 2018 | 2018-03-31 | 0.74 | −0.03 | −3.59% |
| Q4 2017 | 2017-12-31 | 0.73 | −0.02 | −2.19% |
| Q3 2017 | 2017-09-30 | 0.74 | −0.02 | −3.05% |
| Q2 2017 | 2017-06-30 | 0.75 | −0.02 | −2.01% |
| Q1 2017 | 2017-03-31 | 0.77 | −0.02 | −1.94% |
| Q4 2016 | 2016-12-31 | 0.75 | −0.05 | −5.98% |
| Q3 2016 | 2016-09-30 | 0.76 | −0.05 | −6.08% |
| Q2 2016 | 2016-06-30 | 0.77 | −0.05 | −6.66% |
| Q1 2016 | 2016-03-31 | 0.78 | −0.07 | −7.90% |
| Q4 2015 | 2015-12-31 | 0.79 | −0.05 | −6.21% |
| Q3 2015 | 2015-09-30 | 0.81 | −0.05 | −5.74% |
| Q2 2015 | 2015-06-30 | 0.83 | −0.04 | −4.46% |
| Q1 2015 | 2015-03-31 | 0.85 | −0.02 | −2.10% |
| Q4 2014 | 2014-12-31 | 0.85 | −0.03 | −3.40% |
| Q3 2014 | 2014-09-30 | 0.86 | −0.03 | −3.39% |
| Q2 2014 | 2014-06-30 | 0.86 | −0.03 | −3.11% |
| Q1 2014 | 2014-03-31 | 0.87 | −0.03 | −3.82% |
| Q4 2013 | 2013-12-31 | 0.88 | −0.03 | −3.66% |
| Q3 2013 | 2013-09-30 | 0.89 | −0.03 | −3.07% |
| Q2 2013 | 2013-06-30 | 0.89 | −0.04 | −4.23% |
| Q1 2013 | 2013-03-31 | 0.90 | −0.04 | −4.35% |
| Q4 2012 | 2012-12-31 | 0.91 | −0.05 | −5.17% |
| Q3 2012 | 2012-09-30 | 0.92 | −0.05 | −5.09% |
| Q2 2012 | 2012-06-30 | 0.93 | −0.20 | −17.80% |
| Q1 2012 | 2012-03-31 | 0.94 | −0.20 | −17.22% |
| Q4 2011 | 2011-12-31 | 0.96 | −0.16 | −14.49% |
| Q3 2011 | 2011-09-30 | 0.97 | — | — |
| Q2 2011 | 2011-06-30 | 1.13 | — | — |
| Q1 2011 | 2011-03-31 | 1.14 | — | — |
| Q4 2010 | 2010-12-31 | 1.12 | — | — |
Artesian Resources debt-to-equity ratio trends
Over the last five fiscal years, Artesian Resources's debt-to-equity ratio decreased from 0.85 to 0.71, a change of −0.15. The latest reported quarter, Q2 2026, shows 0.71.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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