CSIMarket
 


New Jersey Resources Corporation  (NJR)
Other Ticker:  
 
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 

New Jersey Resources Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Due to the increase in investments during the first quarter 2024, New Jersey Resources's asset turnover ratio sequentially decreased to 0.26 in the first quarter (Dec 31 2023), this is lower than usual.

Within sector 22 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the First Quarter 2024 compared to the preceding quarter from 1540 to 1923.


What is Asset Turnover Ratio?
What is New Jersey Resources Corporation Market Share?


NJR Asset Turnover Ratio (Dec 31 2023)
I. Quarter
(Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
(Dec 31 2022)
I. Quarter
Y / Y Asset Change 2.03 % 4.3 % 4.14 % 9.05 % 12.29 %
Y / Y Revenue Change -35.43 % -56.72 % -52.19 % -29.41 % 7.06 %
Asset Turnover Ratio (TTM) 0.26 0.3 0.37 0.42 0.47
NJR's Total Ranking # 1923 # 1540 # 1425 # 1433 # 1754
Seq. Asset Change 3.17 % 3.5 % 0.25 % -4.69 % 5.47 %
Seq. Revenue Change 41.01 % 25.47 % -59 % -10.99 % -5.48 %



Asset Turnover Ratio Company Ranking
Within: No.
Natural Gas Utilities Industry # 23
Utilities Sector # 36
Overall Market # 1923

Asset Turnover Ratio Statistics
High Average Low
1.58 0.62 0.12
(March 31, 2015)   (Jun 30 2019)







Companies with similar Asset Turnover Ratio for the quarter ending Dec 31 2023, within Utilities Sector Asset Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Assets at quarter ending Dec 31 2023
Oncor Electric Delivery Company Llc  0.61 $ 5,585.093  Millions$ 9,106.402  Millions
Transmontaigne Partners llc  0.55 $ 742.645  Millions$ 1,356.102  Millions
Ugi Corporation  0.53 $ 8,290.000  Millions$ 15,697.250  Millions
Cheniere Energy Partners L p   0.52 $ 9,664.000  Millions$ 18,637.000  Millions
Oneok Inc   0.52 $ 17,677.000  Millions$ 34,176.750  Millions
Nisource Inc   0.50 $ 14,214.100  Millions$ 28,275.700  Millions
Cheniere Energy Inc   0.49 $ 20,394.000  Millions$ 41,715.750  Millions
Vistra Corp   0.47 $ 14,779.000  Millions$ 31,625.000  Millions
Genesis Energy Lp  0.47 $ 3,176.996  Millions$ 6,803.285  Millions
Otter Tail Corporation  0.43 $ 1,349.166  Millions$ 3,127.858  Millions
Xcel Energy Inc  0.41 $ 25,652.000  Millions$ 62,388.000  Millions
Opal Fuels Inc   0.38 $ 256.108  Millions$ 680.928  Millions
Archrock inc  0.37 $ 990.337  Millions$ 2,656.997  Millions
One Gas Inc   0.32 $ 2,371.990  Millions$ 7,489.704  Millions
Usa Compression Partners Lp  0.31 $ 846.178  Millions$ 2,698.022  Millions
Mplx Lp  0.31 $ 11,281.000  Millions$ 36,048.500  Millions
Dte Energy Co  0.29 $ 12,745.000  Millions$ 43,481.000  Millions
Rgc Resources Inc   0.29 $ 88.577  Millions$ 302.413  Millions
Allete Inc   0.28 $ 1,879.800  Millions$ 6,643.400  Millions
Portland General Electric Company  0.28 $ 2,923.000  Millions$ 10,583.000  Millions
American States Water Company  0.28 $ 595.699  Millions$ 2,162.840  Millions
Firstenergy Corp  0.27 $ 12,870.000  Millions$ 47,445.500  Millions
Chesapeake Utilities Corporation  0.27 $ 670.604  Millions$ 2,486.873  Millions
Western Midstream Partners Lp  0.27 $ 3,106.476  Millions$ 11,607.400  Millions
New Jersey Resources Corporation  0.26 $ 1,706.637  Millions$ 6,473.814  Millions
Wisconsin Electric Power Company  0.26 $ 4,045.000  Millions$ 15,408.775  Millions
Northwest Natural Holding Company  0.26 $ 1,197.475  Millions$ 4,665.253  Millions
Spire Inc   0.25 $ 2,608.900  Millions$ 10,257.950  Millions
Wisconsin Public Service Corporation  0.24 $ 1,681.400  Millions$ 6,887.625  Millions
Hydro One Inc   0.24 $ 5,974.034  Millions$ 25,053.562  Millions

Date modified: 2024-02-07T10:10:23+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com