YORWMEDIUM SIGNALFINANCIAL10-K

YORW shows operational growth with increased customers and consumption, but faces concerning financial pressure from a 51% surge in current liabilities and 38% jump in interest expense.

The company demonstrates healthy operational momentum with 1,521 new customers added and increased water consumption, indicating solid demand for its services. However, the dramatic increase in current liabilities combined with significantly higher interest costs suggests potential liquidity pressures or new debt obligations that warrant close monitoring by investors.

Comparing 2026-03-03 vs 2025-03-04View on EDGAR →
FINANCIAL ANALYSIS

The financial picture reveals a mixed story where operational assets grew modestly (accounts receivable up 18%, current assets up 12%) while financial obligations surged dramatically with current liabilities jumping 51% and interest expense rising 38%. Capital expenditures declined 31% to $16.9M, which may indicate either improved capital efficiency or potential underinvestment in infrastructure. The sharp increase in short-term obligations coupled with higher borrowing costs suggests YORW may be facing working capital challenges or has taken on new debt, creating financial pressure despite operational growth.

FINANCIAL STATEMENT CHANGES
Current Liabilities
Balance Sheet
+51.1%
$18.3M→$27.6M

Current liabilities surged 51.1% — significant near-term obligations; verify ability to meet short-term debt.

Interest Expense
P&L
+37.8%
$5.1M→$7.0M

Interest expense surged 37.8% — significant debt increase or rising rates materially impacting earnings.

Capital Expenditure
Cash Flow
-31.4%
$24.6M→$16.9M

Capex reduced 31.4% — investment cycle winding down or capital discipline; may improve near-term free cash flow.

Accounts Receivable
Balance Sheet
+18.3%
$7.2M→$8.6M

Receivables grew 18.3% — monitor days sales outstanding for collection efficiency.

Current Assets
Balance Sheet
+12.1%
$16.5M→$18.4M

Current assets grew 12.1% — improving short-term liquidity or inventory/receivables build.

LANGUAGE CHANGES
NEW — 2026-03-03
PRIOR — 2025-03-04
ADDED
As of March 2, 2026, there were 14,448,548 shares of Common Stock, no par value, outstanding.
As of December 31, 2025, the Company s average daily availability was 41.1 million gallons, and average daily consumption was approximately 23.7 million gallons.
The Company s service territory had an estimated population of 214,000 as of December 31, 2025.
The Company continues to review and consider opportunities to expand this initiative to further diversify the business.
During the year ended December 31, 2025, the Company increased its number of customers from 79,771 to 81,292.
During the year ended December 31, 2025, the Company installed additional water distribution mains resulting in 1,105 miles of water mains as of December 31, 2025.
During the year ended December 31, 2025, the Company recognized revenue of $77,488, an increase of $2,529, or 3.4%, as compared to $74,959 during the year ended December 31, 2024.
As of December 31, 2025, the Company s present average daily availability was 41.1 million gallons, and daily consumption was approximately 23.7 million gallons.
The wastewater treatment plants consist of one pond and lagoon treatment facility with spray fields for ground application and in excess of 5 million gallon storage capacity, and the other plants range from small extended aeration package plants to three larger facilities that utilize Biological Nutrient Removal/tertiary treatment technology.
In total the plants have a combined permitted flow capacity of 1,352,500 gallons.
REMOVED
As of March 3, 2025, there were 14,389,449 shares of Common Stock, no par value, outstanding.
As of December 31, 2024, the Company s average daily availability was 41.1 million gallons, and average daily consumption was approximately 22.4 million gallons.
The Company s service territory had an estimated population of 212,000 as of December 31, 2024.
The Company also has a service line protection program on a targeted basis in order to further diversify its business.
Under this optional program, customers pay a fixed monthly fee, and the Company will repair or replace damaged customer service lines, as needed, subject to an annual maximum dollar amount.
The Company continues to review and consider opportunities to expand both initiatives.
During the year ended December 31, 2024, the Company increased its number of customers from 77,893 to 79,771.
During the year ended December 31, 2024, the Company installed an additional 97,400 feet of water distribution mains and acquired an additional 33,000 feet of water distribution mains resulting in 1,101 miles of water mains as of December 31, 2024.
During the year ended December 31, 2024, the Company acquired an additional 26,200 feet of wastewater collection mains resulting in 131 miles of wastewater mains as of December 31, 2024.
During the year ended December 31, 2024, the Company recognized revenue of $74,959, an increase of $3,928, or 5.5%, as compared to $71,031 during the year ended December 31, 2023.
MORE FINANCIAL SIGNALS
CRMHIGHSalesforce significantly increased debt by 71% to $14.4B while simultaneously ac...
2026-03-02
UNHHIGHUNH's operating income plummeted 41% despite 12% revenue growth, indicating seve...
2026-03-02
PFEHIGHPfizer achieved a dramatic 87.3% reduction in total debt from $31.4B to $4.0B, r...
2026-02-26
GILDHIGHGILD dramatically increased R&D spending by 81.5% to $9.1B while introducing new...
2026-02-24
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →