Is it safe?
Can NJR take a bad year?
New Jersey Resources Corporation carries $3.67B of net debt at 4.86× EBITDA: a heavy load to carry through a bad year.
$3.67B
Net debt · as at Q3 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 4.86×
Net debt / EBITDA · 4.23× a year ago · the load is going up
- Altman Z-score
- 1.30
Altman Z-score · distress zone, below 1.8
- Interest cover
- 4.05×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ3 2026
- $3.70B
- Cash and short-term investments
- $34M
- Net debt
- $3.67B
- EBITDA, trailing twelve months
- $754M
- Operating profit, trailing twelve months
- $553M
- Debt / equity
- 1.40×
- Total debt / EBITDA
- 4.91×
- Annualised volatilitytwo years of daily moves
- 18%
- Worst drawdown on file
- −51%
- Below its 52-week high
- −9.3%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Utilities - Regulated Gas
Ranks #4 of 13 by Smart Score