Newjersey Resources Stock Debt To Equity
| NJR Stock | USD 44.48 0.36 0.82% |
NewJersey Resources fundamentals help investors to digest information that contributes to NewJersey Resources' financial success or failures. It also enables traders to predict the movement of NewJersey Stock. The fundamental analysis module provides a way to measure NewJersey Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NewJersey Resources stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 1.49 | 0.92 |
NewJersey | Debt To Equity |
NewJersey Resources Company Debt To Equity Analysis
NewJersey Resources' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current NewJersey Resources Debt To Equity | 1.72 % |
Most of NewJersey Resources' fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NewJersey Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NewJersey Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for NewJersey Resources is extremely important. It helps to project a fair market value of NewJersey Stock properly, considering its historical fundamentals such as Debt To Equity. Since NewJersey Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NewJersey Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NewJersey Resources' interrelated accounts and indicators.
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NewJersey Debt To Equity Historical Pattern
Today, most investors in NewJersey Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NewJersey Resources' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of NewJersey Resources debt to equity as a starting point in their analysis.
NewJersey Resources Debt To Equity |
| Timeline |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
NewJersey Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, NewJersey Resources has a Debt To Equity of 1.721%. This is 98.17% lower than that of the Gas Utilities sector and significantly higher than that of the Utilities industry. The debt to equity for all United States stocks is 96.47% higher than that of the company.
NewJersey Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NewJersey Resources' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NewJersey Resources could also be used in its relative valuation, which is a method of valuing NewJersey Resources by comparing valuation metrics of similar companies.NewJersey Resources is currently under evaluation in debt to equity category among related companies.
NewJersey Resources ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NewJersey Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NewJersey Resources' managers, analysts, and investors.Environmental | Governance | Social |
NewJersey Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0362 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 7.49 B | ||||
| Shares Outstanding | 98.82 M | ||||
| Shares Owned By Insiders | 0.47 % | ||||
| Shares Owned By Institutions | 72.58 % | ||||
| Number Of Shares Shorted | 2.13 M | ||||
| Price To Earning | 17.27 X | ||||
| Price To Book | 1.99 X | ||||
| Price To Sales | 2.41 X | ||||
| Revenue | 1.96 B | ||||
| Gross Profit | 620.95 M | ||||
| EBITDA | 586.02 M | ||||
| Net Income | 264.72 M | ||||
| Cash And Equivalents | 1.11 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 3.29 B | ||||
| Debt To Equity | 1.72 % | ||||
| Current Ratio | 0.69 X | ||||
| Book Value Per Share | 20.40 X | ||||
| Cash Flow From Operations | 478.99 M | ||||
| Short Ratio | 4.95 X | ||||
| Earnings Per Share | 2.52 X | ||||
| Price To Earnings To Growth | 2.02 X | ||||
| Target Price | 49.4 | ||||
| Number Of Employees | 1.35 K | ||||
| Beta | 0.64 | ||||
| Market Capitalization | 4.36 B | ||||
| Total Asset | 6.54 B | ||||
| Retained Earnings | 1.18 B | ||||
| Working Capital | (274.53 M) | ||||
| Current Asset | 607.26 M | ||||
| Current Liabilities | 571.61 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 3.08 % | ||||
| Net Asset | 6.54 B | ||||
| Last Dividend Paid | 1.65 |
About NewJersey Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NewJersey Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NewJersey Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NewJersey Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.
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Is NewJersey Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NewJersey Resources. If investors know NewJersey will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NewJersey Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Dividend Share 1.65 | Earnings Share 2.52 | Revenue Per Share 17.602 | Quarterly Revenue Growth 0.23 |
The market value of NewJersey Resources is measured differently than its book value, which is the value of NewJersey that is recorded on the company's balance sheet. Investors also form their own opinion of NewJersey Resources' value that differs from its market value or its book value, called intrinsic value, which is NewJersey Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NewJersey Resources' market value can be influenced by many factors that don't directly affect NewJersey Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NewJersey Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NewJersey Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NewJersey Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.