New Jersey Resources Financial Health

How is New Jersey Resources's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NJR's short term assets ($756.1M) do not cover its short term liabilities ($1.1B).

Long Term Liabilities: NJR's short term assets ($756.1M) do not cover its long term liabilities ($3.3B).


Debt to Equity History and Analysis

Debt Level: NJR's net debt to equity ratio (162.5%) is considered high.

Reducing Debt: NJR's debt to equity ratio has increased from 112.4% to 162.6% over the past 5 years.

Debt Coverage: NJR's debt is not well covered by operating cash flow (11%).

Interest Coverage: NJR's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


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