NewJersey Total Current Assets from 2010 to 2024

NJR Stock  USD 43.97  0.62  1.39%   
NewJersey Resources Total Current Assets yearly trend continues to be relatively stable with very little volatility. Total Current Assets are likely to drop to about 605.4 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
1994-03-31
Previous Quarter
677 M
Current Value
553.7 M
Quarterly Volatility
279.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NewJersey Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NewJersey Resources' main balance sheet or income statement drivers, such as Interest Expense of 148.5 M, Total Revenue of 1.9 B or Gross Profit of 379.6 M, as well as many indicators such as Price To Sales Ratio of 1.9, Dividend Yield of 0.0397 or PTB Ratio of 1.75. NewJersey financial statements analysis is a perfect complement when working with NewJersey Resources Valuation or Volatility modules.
  
Check out the analysis of NewJersey Resources Correlation against competitors.
To learn how to invest in NewJersey Stock, please use our How to Invest in NewJersey Resources guide.

Latest NewJersey Resources' Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of NewJersey Resources over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. NewJersey Resources' Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NewJersey Resources' overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Pretty Stable
   Total Current Assets   
       Timeline  

NewJersey Total Current Assets Regression Statistics

Arithmetic Mean596,939,251
Geometric Mean556,257,380
Coefficient Of Variation26.42
Mean Deviation95,181,101
Median611,888,550
Standard Deviation157,697,033
Sample Variance24868.4T
Range666.9M
R-Value0.28
Mean Square Error24691.2T
R-Squared0.08
Significance0.31
Slope9,850,853
Total Sum of Squares348157T

NewJersey Total Current Assets History

2024605.4 M
2023611.9 M
2022532.1 M
2021756.1 M
2020634.3 M
2019622.3 M
2018511.6 M

About NewJersey Resources Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NewJersey Resources income statement, its balance sheet, and the statement of cash flows. NewJersey Resources investors use historical funamental indicators, such as NewJersey Resources's Total Current Assets, to determine how well the company is positioned to perform in the future. Although NewJersey Resources investors may use each financial statement separately, they are all related. The changes in NewJersey Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NewJersey Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NewJersey Resources Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NewJersey Resources. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets611.9 M605.4 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Tools for NewJersey Stock Analysis

When running NewJersey Resources' price analysis, check to measure NewJersey Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewJersey Resources is operating at the current time. Most of NewJersey Resources' value examination focuses on studying past and present price action to predict the probability of NewJersey Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewJersey Resources' price. Additionally, you may evaluate how the addition of NewJersey Resources to your portfolios can decrease your overall portfolio volatility.