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South Jersey Industries Balance Sheet Health
Financial Health criteria checks 0/6
Key information
184.0%
Debt to equity ratio
US$3.80b
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$52.76m |
| Equity | US$2.06b |
| Total liabilities | US$5.85b |
| Total assets | US$7.92b |
Recent financial health updates
Does South Jersey Industries (NYSE:SJI) Have A Healthy Balance Sheet?
Jan 12
South Jersey Industries (NYSE:SJI) Seems To Be Using A Lot Of Debt
Sep 26Here's Why South Jersey Industries (NYSE:SJI) Is Weighed Down By Its Debt Load
Jun 10These 4 Measures Indicate That South Jersey Industries (NYSE:SJI) Is Using Debt Extensively
Feb 22Recent updates
South Jersey (SJI) declares $0.1499/share dividend
Feb 01South Jersey Industries ticks higher as NJ regulator votes to approve sale to IIF
Jan 25South Jersey Industries gains amid New Jersey filing on planned sale
Jan 06South Jersey Industries ticks higher as investors wait on planned sale
Dec 14South Jersey Industries gains as N.J. regulator pushes out schedule on settlement talks
Oct 24South Jersey goes ex-dividend today
Sep 08South Jersey Industries: A Juicy Merger Spread On A Small-Cap Utility
Aug 25Buyout Arbitrage Opportunity With South Jersey Industries
Feb 25Does South Jersey Industries (NYSE:SJI) Have A Healthy Balance Sheet?
Jan 12South Jersey: One Of The Better Utility Deals
Dec 29When Should You Buy South Jersey Industries, Inc. (NYSE:SJI)?
Dec 26South Jersey Industries, Inc. (NYSE:SJI) Shares Could Be 25% Above Their Intrinsic Value Estimate
Dec 11South Jersey Industries (NYSE:SJI) Is Increasing Its Dividend To US$0.31
Nov 26South Jersey Industries: A High-Yield Blue-Chip Bargain Buy
Oct 17South Jersey Industries (NYSE:SJI) Seems To Be Using A Lot Of Debt
Sep 26South Jersey Industries: A Reliable 5.4% Yielding Gas Utility
Sep 23Is There Now An Opportunity In South Jersey Industries, Inc. (NYSE:SJI)?
Sep 10Calculating The Intrinsic Value Of South Jersey Industries, Inc. (NYSE:SJI)
Aug 23South Jersey Industries (NYSE:SJI) Has Affirmed Its Dividend Of US$0.30
Aug 08Does South Jersey Industries (NYSE:SJI) Deserve A Spot On Your Watchlist?
Jun 23Here's Why South Jersey Industries (NYSE:SJI) Is Weighed Down By Its Debt Load
Jun 10South Jersey Industries: Slow And Steady
Jun 07South Jersey Industries, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 10What Does South Jersey Industries, Inc.'s (NYSE:SJI) Share Price Indicate?
May 08South Jersey Q1 2021 Earnings Preview
May 04Shareholders May Not Be So Generous With South Jersey Industries, Inc.'s (NYSE:SJI) CEO Compensation And Here's Why
Apr 25Estimating The Fair Value Of South Jersey Industries, Inc. (NYSE:SJI)
Mar 25Here's Why I Think South Jersey Industries (NYSE:SJI) Is An Interesting Stock
Mar 12South Jersey Industries, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 27These 4 Measures Indicate That South Jersey Industries (NYSE:SJI) Is Using Debt Extensively
Feb 22Is South Jersey Industries, Inc.'s (NYSE:SJI) 7.8% ROE Better Than Average?
Feb 08How Much Of South Jersey Industries, Inc. (NYSE:SJI) Do Institutions Own?
Jan 26
Read This Before Buying South Jersey Industries, Inc. (NYSE:SJI) For Its Dividend
Jan 15South Jersey Is A Decent High Yield, Low Growth Utility For Your Portfolio
Jan 09Should You Think About Buying South Jersey Industries, Inc. (NYSE:SJI) Now?
Jan 04Would Shareholders Who Purchased South Jersey Industries' (NYSE:SJI) Stock Year Be Happy With The Share price Today?
Dec 24SJI to partner with Atlantic Shores Offshore Wind in green hydrogen project
Dec 15South Jersey Industries, Inc. (NYSE:SJI) Shares Could Be 33% Above Their Intrinsic Value Estimate
Dec 14Need To Know: South Jersey Industries, Inc. (NYSE:SJI) Insiders Have Been Selling Shares
Dec 04Financial Position Analysis
Short Term Liabilities: SJI's short term assets ($764.4M) do not cover its short term liabilities ($1.1B).
Long Term Liabilities: SJI's short term assets ($764.4M) do not cover its long term liabilities ($4.8B).
Debt to Equity History and Analysis
Debt Level: SJI's net debt to equity ratio (181.5%) is considered high.
Reducing Debt: SJI's debt to equity ratio has increased from 121.4% to 184% over the past 5 years.
Debt Coverage: SJI's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: SJI's interest payments on its debt are not well covered by EBIT (2.6x coverage).