NewJersey Historical Financial Ratios

NJR Stock

USD 51.61 0.90 1.77%

NewJersey Resources is lately reporting on over 110 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 20.6 will help investors to properly organize and evaluate NewJersey Resources financial condition quickly.

Quick Ratio Current Ratio

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NewJersey Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

To learn how to invest in NewJersey Stock, please use our How to Invest in NewJersey Resources guide.

About NewJersey Financial Ratios Analysis

NewJersey ResourcesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate NewJersey Resources investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on NewJersey financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across NewJersey Resources history.

NewJersey Resources Financial Ratios Chart

At this time, NewJersey Resources' PB Ratio is relatively stable compared to the past year. As of 11/28/2024, EV To Sales is likely to grow to 4.61, though Stock Based Compensation To Revenue is likely to grow to (0.0007).

Price To Sales Ratio Days Sales Outstanding Free Cash Flow Yield Stock Based Compensation To Revenue Research And Ddevelopement To Revenue

Add Fundamental

Price To Sales Ratio

Price to Sales Ratio is figured by comparing NewJersey Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on NewJersey Resources sales, a figure that is much harder to manipulate than other NewJersey Resources multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Stock Based Compensation To Revenue

A metric that compares the total value of stock-based compensation granted by a company to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards.

Research And Ddevelopement To Revenue

The ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services.

Most ratios from NewJersey Resources' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into NewJersey Resources current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NewJersey Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

To learn how to invest in NewJersey Stock, please use our How to Invest in NewJersey Resources guide.At this time, NewJersey Resources' PB Ratio is relatively stable compared to the past year. As of 11/28/2024, EV To Sales is likely to grow to 4.61, though Stock Based Compensation To Revenue is likely to grow to (0.0007).

	2021	2022	2023	2024 (projected)
Dividend Yield	0.0343	0.0383	0.0355	0.0397
Price To Sales Ratio	1.28	2.01	2.59	2.72

Dividend Yield Price To Sales Ratio

NewJersey Resources fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality	Roe
Price To Sales Ratio		-0.21	-0.19	0.05	0.9	0.49	0.55	-0.22	-0.19	0.95	0.47	-0.27	-0.63	0.77	0.76	-0.88	0.79	-0.06	-0.2	-0.45	-0.14	-0.26	-0.04	0.82	0.07	-0.66
Dividend Yield	-0.21		-0.8	-0.48	-0.28	-0.07	-0.31	-0.64	-0.8	0.1	0.13	-0.03	-0.42	-0.34	0.2	-0.01	0.13	0.2	-0.27	-0.08	0.74	-0.07	-0.33	0.11	-0.15	-0.21
Ptb Ratio	-0.19	-0.8		0.42	-0.13	-0.26	0.01	0.58	1.0	-0.44	-0.43	0.25	0.67	-0.07	-0.59	0.39	-0.37	-0.16	0.31	0.11	-0.44	0.18	0.26	-0.53	0.1	0.47
Days Sales Outstanding	0.05	-0.48	0.42		0.16	-0.43	0.01	0.53	0.42	-0.06	-0.48	-0.42	0.13	0.1	-0.29	-0.18	0.17	0.19	0.2	-0.16	-0.38	0.24	-0.06	-0.15	0.27	0.12
Book Value Per Share	0.9	-0.28	-0.13	0.16		0.39	0.69	0.02	-0.13	0.84	0.31	-0.24	-0.42	0.92	0.58	-0.82	0.78	0.0	-0.28	-0.37	-0.42	-0.28	0.04	0.69	0.15	-0.43
Free Cash Flow Yield	0.49	-0.07	-0.26	-0.43	0.39		0.66	-0.34	-0.26	0.45	0.96	0.33	-0.35	0.53	0.71	-0.45	0.08	-0.39	-0.53	0.31	-0.23	-0.74	0.32	0.7	0.24	-0.28
Operating Cash Flow Per Share	0.55	-0.31	0.01	0.01	0.69	0.66		0.1	0.01	0.5	0.5	0.26	-0.04	0.83	0.32	-0.53	0.44	-0.23	-0.68	0.09	-0.64	-0.74	0.35	0.43	0.64	0.1
Capex To Depreciation	-0.22	-0.64	0.58	0.53	0.02	-0.34	0.1		0.58	-0.4	-0.5	-0.04	0.62	0.04	-0.52	0.28	-0.12	0.16	0.26	0.27	-0.61	0.32	0.15	-0.4	0.34	0.39
Pb Ratio	-0.19	-0.8	1.0	0.42	-0.13	-0.26	0.01	0.58		-0.44	-0.43	0.25	0.67	-0.07	-0.59	0.39	-0.37	-0.16	0.31	0.11	-0.44	0.18	0.26	-0.53	0.1	0.47
Ev To Sales	0.95	0.1	-0.44	-0.06	0.84	0.45	0.5	-0.4	-0.44		0.48	-0.29	-0.76	0.7	0.8	-0.9	0.87	-0.04	-0.31	-0.51	0.05	-0.3	-0.16	0.85	0.08	-0.68
Free Cash Flow Per Share	0.47	0.13	-0.43	-0.48	0.31	0.96	0.5	-0.5	-0.43	0.48		0.27	-0.5	0.42	0.8	-0.46	0.07	-0.32	-0.46	0.27	-0.04	-0.65	0.27	0.76	0.11	-0.39
Roic	-0.27	-0.03	0.25	-0.42	-0.24	0.33	0.26	-0.04	0.25	-0.29	0.27		0.4	0.07	-0.15	0.27	-0.38	-0.36	-0.34	0.54	-0.2	-0.42	0.57	-0.16	0.12	0.57
Inventory Turnover	-0.63	-0.42	0.67	0.13	-0.42	-0.35	-0.04	0.62	0.67	-0.76	-0.5	0.4		-0.29	-0.84	0.67	-0.54	0.05	0.04	0.32	-0.39	0.05	0.39	-0.78	0.23	0.78
Net Income Per Share	0.77	-0.34	-0.07	0.1	0.92	0.53	0.83	0.04	-0.07	0.7	0.42	0.07	-0.29		0.52	-0.73	0.6	-0.18	-0.41	-0.14	-0.63	-0.45	0.28	0.62	0.22	-0.14
Days Of Inventory On Hand	0.76	0.2	-0.59	-0.29	0.58	0.71	0.32	-0.52	-0.59	0.8	0.8	-0.15	-0.84	0.52		-0.76	0.47	-0.16	-0.22	-0.12	0.14	-0.31	-0.05	0.97	-0.12	-0.78
Payables Turnover	-0.88	-0.01	0.39	-0.18	-0.82	-0.45	-0.53	0.28	0.39	-0.9	-0.46	0.27	0.67	-0.73	-0.76		-0.81	-0.03	0.43	0.37	0.1	0.41	0.0	-0.87	-0.19	0.59
Capex To Revenue	0.79	0.13	-0.37	0.17	0.78	0.08	0.44	-0.12	-0.37	0.87	0.07	-0.38	-0.54	0.6	0.47	-0.81		0.18	-0.3	-0.61	0.03	-0.14	-0.25	0.58	0.26	-0.49
Cash Per Share	-0.06	0.2	-0.16	0.19	0.0	-0.39	-0.23	0.16	-0.16	-0.04	-0.32	-0.36	0.05	-0.18	-0.16	-0.03	0.18		0.06	-0.01	0.15	0.26	-0.09	-0.13	-0.15	-0.12
Pocfratio	-0.2	-0.27	0.31	0.2	-0.28	-0.53	-0.68	0.26	0.31	-0.31	-0.46	-0.34	0.04	-0.41	-0.22	0.43	-0.3	0.06		-0.16	0.14	0.93	-0.19	-0.3	-0.62	-0.14
Interest Coverage	-0.45	-0.08	0.11	-0.16	-0.37	0.31	0.09	0.27	0.11	-0.51	0.27	0.54	0.32	-0.14	-0.12	0.37	-0.61	-0.01	-0.16		-0.31	-0.24	0.19	-0.16	0.11	0.4
Payout Ratio	-0.14	0.74	-0.44	-0.38	-0.42	-0.23	-0.64	-0.61	-0.44	0.05	-0.04	-0.2	-0.39	-0.63	0.14	0.1	0.03	0.15	0.14	-0.31		0.23	-0.47	0.03	-0.33	-0.46
Capex To Operating Cash Flow	-0.26	-0.07	0.18	0.24	-0.28	-0.74	-0.74	0.32	0.18	-0.3	-0.65	-0.42	0.05	-0.45	-0.31	0.41	-0.14	0.26	0.93	-0.24	0.23		-0.29	-0.37	-0.57	-0.11
Pfcf Ratio	-0.04	-0.33	0.26	-0.06	0.04	0.32	0.35	0.15	0.26	-0.16	0.27	0.57	0.39	0.28	-0.05	0.0	-0.25	-0.09	-0.19	0.19	-0.47	-0.29		0.03	0.13	0.38
Days Payables Outstanding	0.82	0.11	-0.53	-0.15	0.69	0.7	0.43	-0.4	-0.53	0.85	0.76	-0.16	-0.78	0.62	0.97	-0.87	0.58	-0.13	-0.3	-0.16	0.03	-0.37	0.03		0.03	-0.75
Income Quality	0.07	-0.15	0.1	0.27	0.15	0.24	0.64	0.34	0.1	0.08	0.11	0.12	0.23	0.22	-0.12	-0.19	0.26	-0.15	-0.62	0.11	-0.33	-0.57	0.13	0.03		0.26
Roe	-0.66	-0.21	0.47	0.12	-0.43	-0.28	0.1	0.39	0.47	-0.68	-0.39	0.57	0.78	-0.14	-0.78	0.59	-0.49	-0.12	-0.14	0.4	-0.46	-0.11	0.38	-0.75	0.26

Click cells to compare fundamentals

NewJersey Resources Account Relationship Matchups

NewJersey Resources fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	1.31	1.55	1.28	2.01	2.59	2.72
Dividend Yield	0.046	0.0349	0.0343	0.0383	0.0355	0.0397
Ptb Ratio	2.6	1.56	2.05	1.98	1.06	1.72
Days Sales Outstanding	29.98	42.27	34.06	22.44	23.79	20.6
Book Value Per Share	17.34	16.95	18.91	20.52	22.31	23.42
Free Cash Flow Yield	(0.1)	(0.0698)	(0.0739)	(0.0157)	0.0918	0.0964
Operating Cash Flow Per Share	2.12	2.25	4.06	3.37	4.94	4.33
Stock Based Compensation To Revenue	0.003346	0.003315	0.005102	(6.79E-4)	(7.8E-4)	(7.41E-4)
Capex To Depreciation	4.38	5.61	4.63	3.54	3.18	3.28
Pb Ratio	2.6	1.56	2.05	1.98	1.06	1.72
Ev To Sales	2.54	2.83	2.36	3.68	4.39	4.61
Free Cash Flow Per Share	(2.71)	(2.43)	(2.86)	(0.64)	4.33	4.55
Roic	0.0453	0.0583	0.0658	0.0668	0.0462	0.0795
Inventory Turnover	8.42	8.06	7.86	5.97	1.66	1.58
Net Income Per Share	1.72	2.09	2.86	2.73	2.94	3.08
Days Of Inventory On Hand	43.33	45.27	46.43	61.13	219.77	230.75
Payables Turnover	6.64	4.37	5.89	6.63	1.73	1.65
Capex To Revenue	0.24	0.29	0.21	0.28	0.25	0.26
Cash Per Share	1.23	0.0494	0.0115	0.009832	0.0103	0.009795
Pocfratio	12.0	8.57	11.5	8.23	10.89	5.81
Interest Coverage	3.39	3.67	4.74	3.31	3.52	5.8
Payout Ratio	0.61	0.72	0.58	0.46	0.57	0.69
Capex To Operating Cash Flow	2.2	1.6	1.85	1.13	1.02	0.71
Pfcf Ratio	(9.98)	(14.34)	(13.53)	(63.66)	10.89	10.35
Days Payables Outstanding	54.94	83.48	61.99	55.03	210.53	221.05
Income Quality	1.31	3.32	1.18	1.81	1.47	1.39
Ev To Operating Cash Flow	23.23	15.61	21.16	15.09	18.45	19.38
Pe Ratio	15.71	16.66	13.53	14.89	16.07	13.65
Return On Tangible Assets	0.0307	0.0352	0.044	0.0405	0.0416	0.0459
Ev To Free Cash Flow	(19.32)	(26.12)	(24.9)	(116.76)	18.45	32.11
Earnings Yield	0.042	0.0636	0.06	0.0739	0.0672	0.0622
Intangibles To Total Assets	0.002778	0.001854	0.001352	0.001293	0.001507	0.001432
Net Debt To E B I T D A	5.94	6.47	6.35	5.53	4.85	3.26
Current Ratio	1.17	0.6	0.68	0.66	0.62	1.07
Tangible Book Value Per Share	17.19	16.84	18.82	20.43	22.2	23.31
Receivables Turnover	12.18	8.64	10.72	16.26	15.34	16.92
Graham Number	25.9	28.23	34.89	35.49	54.31	57.02
Shareholders Equity Per Share	17.34	16.95	18.91	20.52	44.62	46.85

Pair Trading with NewJersey Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NewJersey Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NewJersey Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with NewJersey Stock

0.82	NI	NiSource	Pair Corr
0.94	SR	Spire Inc	Pair Corr
0.79	ATO	Atmos Energy	Pair Corr
0.95	BKH	Black Hills	Pair Corr
0.94	CPK	Chesapeake Utilities	Pair Corr

The ability to find closely correlated positions to NewJersey Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NewJersey Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NewJersey Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NewJersey Resources to buy it.

The correlation of NewJersey Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NewJersey Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NewJersey Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for NewJersey Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

NewJersey Historical Financial Ratios

About NewJersey Financial Ratios Analysis

NewJersey Resources Financial Ratios Chart

Price To Sales Ratio

Free Cash Flow Yield

Stock Based Compensation To Revenue

Research And Ddevelopement To Revenue

NewJersey Resources fundamentals Correlations

NewJersey Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NewJersey Resources fundamentals Accounts

Pair Trading with NewJersey Resources

Moving together with NewJersey Stock

Additional Tools for NewJersey Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Pb Ratio	+ 1.0	Ptb Ratio
Days Payables Outstanding	+ 0.97	Days Of Inventory On Hand
Free Cash Flow Per Share	+ 0.96	Free Cash Flow Yield
Ev To Sales	+ 0.95	Price To Sales Ratio
Capex To Operating Cash Flow	+ 0.93	Pocfratio
Net Income Per Share	+ 0.92	Book Value Per Share

Payables Turnover	- 0.9	Ev To Sales
Payables Turnover	- 0.88	Price To Sales Ratio
Days Payables Outstanding	- 0.87	Payables Turnover
Days Of Inventory On Hand	- 0.84	Inventory Turnover
Payables Turnover	- 0.82	Book Value Per Share
Capex To Revenue	- 0.81	Payables Turnover