NewJersey Resources Corporation (NJR) financial statements (2020 and earlier)

Company profile

Business Address 1415 WYCKOFF RD
WALL, NJ 07719
State of Incorp. NJ
Fiscal Year End September 30
SIC 4924 - Natural Gas Distribution (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments163123852
Cash and cash equivalents163123852
Receivables308140207198144156192
Inventory, net of allowances, customer advances and progress billings187170185202206164278
Inventory187170185202206164278
Prepaid expense30232325343722
Derivative instruments and hedges, assets49252730304164
Regulatory current assets24331851542427
Assets held-for-sale, not part of disposal group  207 8 
Other current assets22313433354126
Other undisclosed current assets58886838587672
Total current assets:693512770579607545683
Noncurrent Assets
Operating lease, right-of-use asset88 
Property, plant and equipment     2,1281,884
Long-term investments and receivables202200191238197228180
Long-term investments202200191238197191153
Accounts and financing receivable, after allowance for credit loss     3627
Intangible assets, net (including goodwill)16152341   
Intangible assets, net (excluding goodwill)16152341   
Derivative instruments and hedges67119546
Regulated entity, other noncurrent assets490497369376441410378
Other noncurrent assets1051019675696056
Other undisclosed noncurrent assets  33  (2,164)(1,911)
Total noncurrent assets:906820723739712666592
Other undisclosed assets3,4963,0412,6512,6102,4082,1281,884
TOTAL ASSETS:5,0954,3734,1443,9293,7273,3393,159
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9713313799108101107
Accounts payable9213013597107100104
Taxes payable5322113
Debt4134727543118377336
Derivative instruments and hedges, liabilities37584747613380
Regulatory liability  809126
Customer advances and deposits27332122
Other undisclosed current liabilities259209284199177192241
Total current liabilities:806446751803572436791
Noncurrent Liabilities
Long-term debt and lease obligation, including:109    844598
Finance lease, liability26 
Operating lease, liability83 
Other undisclosed long-term debt and lease obligation     844598
Liabilities, other than long-term debt840836542377451453380
Deferred revenue and credits3233349
Accumulated deferred investment tax credit444
Asset retirement obligations32312931281930
Deferred income tax liabilities194191
Liability, pension and other postretirement and postemployment benefits24524713712914213787
Accrued environmental loss contingencies129131131149172180177
Regulatory liability20320220915416861
Other liabilities8129101089
Derivative instruments and hedges, liabilities251923112567
Other undisclosed noncurrent liabilities(24)2252515474(344)(175)
Total noncurrent liabilities:924838793892925952803
Total liabilities:1,7301,2841,5441,6951,4971,3881,594
Stockholders' equity
Stockholders' equity attributable to parent1,8281,5521,4191,2371,1671,107966
Common stock240227226222222221113
Treasury stock, value(11)(10)(76)(70)(81)(92)(121)
Additional paid in capital494291275220216210305
Accumulated other comprehensive loss(31)(32)(13)(3)(15)(9)(6)
Retained earnings1,1351,0761,007868826778675
Total stockholders' equity:1,8281,5521,4191,2371,1671,107966
Other undisclosed liabilities and equity1,5381,5371,1819971,064844598
TOTAL LIABILITIES AND EQUITY:5,0954,3734,1443,9293,7273,3393,159

Income statement (P&L) ($ in millions)

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
Revenues8107822,9152,2691,8812,7343,738
Cost of revenue74(11)(1,991)(49)(205)(2,126)(3,184)
Cost of goods and services sold524(11)(1,991)(49)(205)(2,126)(3,184)
Gross profit:8847719242,2191,676608554
Operating expenses(1,778)(2,438)(2,719)(2,102)(1,713)(2,486)(3,537)
Other undisclosed operating income1,0611,8211,991492052,1263,184
Operating income:167154196167168248201
Nonoperating income11111714979
Other nonoperating income11111714978
Interest and debt expense(50)(47)(46)(45)(31)(28)(25)
Other undisclosed loss from continuing operations before equity method investments, income taxes     (1)(1)
Income from continuing operations before equity method investments, income taxes:128118167137146227183
Income from equity method investments14141314101311
Income from continuing operations before income taxes:142132180150155241194
Income tax expense (benefit)313854(18)(24)(60)(52)
Net income available to common stockholders, diluted:173170233132132181142

Comprehensive Income ($ in millions)

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
Net income:173170233132132181142
Other comprehensive income (loss)(15)(16)(6)12(6)(4)(4)
Comprehensive income, net of tax, attributable to parent:157154227144126177138

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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