NewJersey Resources Corporation — Earnings Quality Grade F
NJR · Utilities
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 20 days, change -2 days YoY
AR growth 3.6% vs revenue growth 13.4%
Revenue 13.4%, CFFO 9.1%. Cash follows revenue
Expense Quality
Inventory 9.1% vs COGS 17.8%. Normal
CapEx growth 23.6% vs revenue 13.4%. Normal
Insufficient data
Gross margin 35.7%, change -2.4pp. Stable
Cash Flow Quality
CFFO/NI = 1.39. Profits backed by cash
FCF < 50% of Net Income for 3 years
Accruals ratio = -1.7%. Low accruals
Cash $0.0B covers only 0% of debt $3.8B
Balance Sheet Health
Goodwill+Intangibles $0.0B = 0% of equity. Manageable
Debt/EBITDA = 5.1x (>4x). Financial stress
Other assets grew 70.0% vs revenue 13.4%
No write-off data
Acquisition Risk
FCF after acquisitions negative for 3 years
Goodwill+Intangibles change 6% YoY. Normal
Manipulation Score
Insufficient data
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25