Artesian Resources Debt/Equity
What is the Debt/Equity of Artesian Resources?
The Debt/Equity of Artesian Resources Corp. is 2.33
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Utilities sector on NASDAQ compared to Artesian Resources
What does Artesian Resources do?
artesian water company, inc. owns, operates, and maintains water treatment and water distribution systems in delaware. it offers water meter reading, automated billing, water plant operations, and operational support services. the company also provides project management, and water and wastewater related services. in addition, it operates wastewater treatment facilities. the company was founded in 1905 and is based in newark, delaware. artesian water company, inc. operates as a subsidiary of artesian resources corp.
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