| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Utility plant, at original cost (less accumulated depreciation - 2025 - 199,048 2024 - 192,253) | 788,318 | 770,488 | ||
| Cash and cash equivalents | 705 | 349 | ||
| Accounts and other receivables (less provision for expected credit loss 2025 - 406 2024 - 343) | 8,161 | 11,002 | ||
| Income tax receivable | 185 | 112 | ||
| Unbilled operating revenues | 2,573 | 2,670 | ||
| Materials and supplies | 4,041 | 4,543 | ||
| Prepaid property taxes | 186 | 1 | ||
| Prepaid expenses and other | 3,726 | 3,622 | ||
| Total current assets | 19,577 | 22,299 | ||
| Nonutility property (less accumulated depreciation - 2025 - 1,130 2024 - 1,116) | 3,584 | 3,581 | ||
| Other deferred assets | 6,979 | 6,986 | ||
| Goodwill | 1,939 | 1,939 | ||
| Operating lease right-of-use assets | 409 | 410 | ||
| Total other assets | 12,911 | 12,916 | ||
| Regulatory assets, net | 13,102 | 13,593 | ||
| Total assets | 833,908 | 819,296 | ||
| Common stock | 10,313 | 10,311 | ||
| Preferred stock | 0 | 0 | ||
| Additional paid-in capital | 144,316 | 144,173 | ||
| Retained earnings | 94,214 | 90,421 | ||
| Total stockholders' equity | 248,843 | 244,905 | ||
| Long-term debt, net of current portion | 174,660 | 175,138 | ||
| Total stockholders' equity and long-term debt | 423,503 | 420,043 | ||
| Lines of credit | 309 | 1,986 | ||
| Current portion of long-term debt | 2,225 | 2,213 | ||
| Accounts payable | 12,212 | 10,424 | ||
| Accrued expenses | 6,712 | 3,109 | ||
| Overdraft payable | 35 | 62 | ||
| Accrued interest | 1,343 | 893 | ||
| Income taxes payable | 631 | 1,305 | ||
| Customer and other deposits | 3,480 | 3,387 | ||
| Other | 2,025 | 2,190 | ||
| Total current liabilities | 28,972 | 25,569 | ||
| Net advances for construction | 1,369 | 1,453 | ||
| Operating lease liabilities | 399 | 401 | ||
| Regulatory liabilities | 26,725 | 29,664 | ||
| Deferred investment tax credits | 398 | 402 | ||
| Deferred income taxes | 53,753 | 52,730 | ||
| Total deferred credits and other liabilities | 82,644 | 84,650 | ||
| Net contributions in aid of construction | 298,789 | 289,034 | ||
| Total liabilities and stockholders' equity | 833,908 | 819,296 | ||
ARTESIAN RESOURCES CORP (ARTNB)
ARTESIAN RESOURCES CORP (ARTNB)