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

New Jersey Resources's Quick Ratio

NJR's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the first quarter 2023, Quick Ratio fell to 0 a new company low.

Within Natural Gas Utilities industry 4 other companies have achieved higher Quick Ratio than New Jersey Resources in first quarter 2023. While Quick Ratio total ranking has improved so far during the I Quarter 2023 to 446, from total ranking in the forth quarter 2023 at 4567.

Explain Quick Ratio?
How much Cash & cash equivalents NJR´s has?
What are NJR´s Current Liabilities?


NJR Quick 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 Current Liabilities Change -9.77 % -26.95 % -31 % -19.35 % -2.87 %
Y / Y Cash & cash equivalent Change 13.79 % -13.82 % -98.15 % 94.84 % 91.18 %
Quick Ratio MRQ 0 0 0 0.04 0
NJR's Total Ranking # 446 # 4567 # 4861 # 4078 # 388
Seq. Current Liabilities Change 19.27 % 20.58 % -5.98 % -33.27 % -3.43 %
Seq. Cash & cash equivalent Change 187.11 % 86.69 % -98.11 % 1025.68 % 117.43 %



Quick Ratio first quarter 2023 Company Ranking
Within: No.
Natural Gas Utilities Industry # 5
Utilities Sector # 9
Overall Market # 446


Quick Ratio Statistics
High Average Low
0.22 0.04 0
(Sep 30 2020)   (Jun 30 2023)




Financial Statements
New Jersey Resources's Current Liabilities $ 962 Millions Visit NJR's Balance sheet
New Jersey Resources's Cash & cash equivalent $ 3 Millions Visit NJR's Balance sheet
Source of NJR's Sales Visit NJR's Sales by Geography


Cumulative New Jersey Resources's Quick Ratio

NJR's Quick Ratio for the trailling 12 Months

NJR Quick 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 Current Liabilities TTM Growth -9.77 % -26.95 % -31 % -19.35 % -2.87 %
Y / Y Cash & cash equivalent TTM Growth 13.79 % -13.82 % -98.15 % 94.84 % 91.18 %
Quick Ratio TTM 0.01 0.01 0.01 0.02 0.01
Total Ranking TTM # 415 # 2268 # 3173 # 3173 # 3173
Seq. Current Liabilities TTM Growth 19.27 % 20.58 % -5.98 % -33.27 % -3.43 %
Seq. Cash & cash equivalent TTM Growth 187.11 % 86.69 % -98.11 % 1025.68 % 117.43 %


On the trailing twelve months basis In spite of the year on year decrease in NJR's Current Liabilities to $962.03 millions, cumulative Quick Ratio to 0.01 below the NJR average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Natural Gas Utilities industry 4 other companies have achieved higher Quick Ratio than New Jersey Resources. While Quick Ratio overall ranking has improved so far to 415, from total ranking during the twelve months ending forth quarter 2023 at 2268.

Explain Quick Ratio?
How much Cash & cash equivalents NJR´s has?
What are NJR´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Natural Gas Utilities Industry # 5
Utilities Sector # 9
Within the Market # 415


trailing twelve months Quick Ratio Statistics
High Average Low
0.1 0.03 0
(Mar 31 2021)   (Sep 30 2018)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Natural Gas Utilities Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
New Jersey Resources Corporation 0.00 $ 2.739  Millions$ 962.032  Millions
Spire Inc 0.00 $ 4.800  Millions$ 2,210.500  Millions
Antero Midstream Corporation 0.00 $ 0.066  Millions$ 96.417  Millions

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



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