For the quarter ending 2026-03-31, ARTNA had $4,203K increase in cash & cash equivalents over the period. -$4,503K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income | 5,934 | 4,135 | 18,687 |
| Depreciation and amortization | 3,452 | 3,538 | 10,268 |
| Amortization of debt expense | 88 | 88 | 264 |
| Amortization of deferred income tax regulatory liability | 325 | 325 | 974 |
| Provision for expected credit loss | 53 | -21 | 161 |
| Deferred income taxes, net | 235 | 1,000 | 1,477 |
| Stock compensation | 92 | 94 | 152 |
| Afudc, equity portion | 349 | 424 | 1,216 |
| Accounts and other receivables | 3,232 | -2,009 | -3,017 |
| Income tax receivable | -712 | 584 | -439 |
| Unbilled operating revenues | -86 | -663 | 712 |
| Materials and supplies | -413 | -325 | -237 |
| Income tax payable | 1,571 | -242 | 131 |
| Prepaid property taxes | -690 | 1,622 | -2,002 |
| Prepaid expenses and other | -670 | -53 | 635 |
| Other deferred assets | 462 | 5 | 480 |
| Regulatory assets | -4 | -40 | -112 |
| Regulatory liabilities | -56 | -141 | -2,777 |
| Accounts payable | -2,265 | 2,269 | -521 |
| Accrued expenses | 124 | -242 | -444 |
| Accrued interest | 450 | -427 | 413 |
| Customer deposits and other, net | 751 | 284 | 280 |
| Net cash provided by operating activities | 8,636 | 10,465 | 29,881 |
| Capital expenditures (net of afudc, equity portion) | 13,139 | 18,332 | 40,513 |
| Proceeds from sale of assets | 16 | 11 | 118 |
| Net cash used in investing activities | -13,123 | -18,321 | -40,395 |
| Repayments under lines of credit agreements | 10,933 | 309 | 2,034 |
| Borrowings under lines of credit agreements | 5,214 | 5,719 | 2,343 |
| Deferred debt issuance costs | 20 | - | - |
| (decrease) increase in overdraft payable | -31 | 68 | 4 |
| Proceeds from contributions in aid of construction and advances | 8,363 | 7,472 | 22,734 |
| Payouts for contributions in aid of construction and advances | 276 | 2,120 | 1,999 |
| Net proceeds from issuance of common stock | 84 | 85 | 257 |
| Equity issuance cost | - | 0 | - |
| Issuance of longterm debt | 10,000 | - | 0 |
| Dividends paid | 3,236 | 3,235 | 9,442 |
| Debt issuance costs | - | 0 | - |
| Principal repayments of long-term debt | 475 | 477 | 1,791 |
| Net cash provided by financing activities | 8,690 | 7,203 | 10,072 |
| Net increase in cash and cash equivalents | 4,203 | -653 | -442 |
| Cash and cash equivalents at beginning of period | 52 | 705 | 1,147 |
| Cash and cash equivalents at end of period | 4,255 | 52 | 705 |
ARTESIAN RESOURCES CORP (ARTNA)
ARTESIAN RESOURCES CORP (ARTNA)