New Jersey Resources Corp (NJR)
42.19
+0.64
(+1.54%)
USD |
NYSE |
Apr 18, 16:00
42.18
-0.01
(-0.02%)
Pre-Market: 20:00
New Jersey Resources Debt to Equity Ratio: 1.562 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 1.562 |
| September 30, 2023 | 1.575 |
| June 30, 2023 | 1.522 |
| March 31, 2023 | 1.490 |
| December 31, 2022 | 1.683 |
| September 30, 2022 | 1.642 |
| June 30, 2022 | 1.651 |
| March 31, 2022 | 1.483 |
| December 31, 2021 | 1.652 |
| September 30, 2021 | 1.602 |
| June 30, 2021 | 1.439 |
| March 31, 2021 | 1.260 |
| December 31, 2020 | 1.429 |
| September 30, 2020 | 1.467 |
| June 30, 2020 | 1.220 |
| March 31, 2020 | 1.093 |
| December 31, 2019 | 1.067 |
| September 30, 2019 | 1.021 |
| June 30, 2019 | 0.9132 |
| March 31, 2019 | 0.8605 |
| December 31, 2018 | 1.123 |
| September 30, 2018 | 1.026 |
| June 30, 2018 | 0.9088 |
| March 31, 2018 | 0.896 |
| December 31, 2017 | 1.143 |
| Date | Value |
|---|---|
| September 30, 2017 | 1.155 |
| June 30, 2017 | 1.049 |
| March 31, 2017 | 1.028 |
| December 31, 2016 | 1.188 |
| September 30, 2016 | 1.061 |
| June 30, 2016 | 1.045 |
| March 31, 2016 | 0.8353 |
| December 31, 2015 | 0.9355 |
| September 30, 2015 | 0.8321 |
| June 30, 2015 | 0.7866 |
| March 31, 2015 | 0.7658 |
| December 31, 2014 | 0.8993 |
| September 30, 2014 | 0.9664 |
| June 30, 2014 | 0.8003 |
| March 31, 2014 | 0.6863 |
| December 31, 2013 | 1.237 |
| September 30, 2013 | 1.067 |
| June 30, 2013 | 0.9879 |
| March 31, 2013 | 0.9183 |
| December 31, 2012 | 1.081 |
| September 30, 2012 | 0.9986 |
| June 30, 2012 | 0.8804 |
| March 31, 2012 | 0.7293 |
| December 31, 2011 | 0.9218 |
| September 30, 2011 | 0.7649 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.9132
Minimum
Jun 2019
1.683
Maximum
Dec 2022
1.409
Average
1.483
Median
Mar 2022
Debt to Equity Ratio Benchmarks
| Southwest Gas Holdings Inc | 1.595 |
| Atmos Energy Corp | 0.6689 |
| Northwest Natural Holding Co | 1.298 |
| RGC Resources Inc | 1.444 |
| New Fortress Energy Inc | 4.148 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 6.749B |
| Total Liabilities (Quarterly) | 4.683B |
| Shareholders Equity (Quarterly) | 2.066B |
| Current Ratio | 0.7037 |
| Net Debt Paydown Yield | -1.11% |