What is New Jersey Resources's derivative liabilities?

New Jersey Resources (NJR) reported derivative liabilities of $1.4M in Q1 2024.

How has New Jersey Resources's derivative liabilities changed year-over-year?

New Jersey Resources's derivative liabilities increased by 46.6% year-over-year, from $955K to $1.4M.

What does derivative liabilities mean?

Fair value of derivative contracts in a net loss position — amounts the firm owes to counterparties on hedging and trading derivatives.

New Jersey Resources NJR Derivative liabilities

Derivative liabilities at other companies

National Fuel GasNFG

$200K-99.9%

NRG EnergyNRG

——

Segments

By segment

See full

ES$13.35M-43.1%

NJNG$31K-24.4%

Other financials

Income statement

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Revenue$939.4M+2.9%

Operating income$301.0M+7.5%

Net income$218.9M+7.2%

EPS (diluted)$2.16+6.9%

Balance sheet

See full

Cash & equivalents$126.4M+49.3%

Total debt$3.6B+8.1%

Total equity$2.6B+6.9%

Total assets$7.9B+9.3%

Cash flow

See full

Operating cash flow$562.6M+33.0%

CapEx$42.1M+118%

Free cash flow$572.6M+35.2%

Valuation

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Market cap$5.56B+12.6%

Enterprise value$9.04B+10.3%

P/E16.3×+4.4×

P/S2.6×+0.2×

Profitability

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Gross margin32.2%—

Operating margin23.8%-6.1pp

Net margin15.7%-4.4pp

FCF margin27.8%+4.7pp

Returns & leverage

See full

Return on equity13.3%-4.5pp

Debt / equity1.4×0.0×

Current ratio0.9×0.0×

Where this comes from

Reported directly by New Jersey Resources in its filing.

Tagged under the XBRL concept us-gaap:DerivativeNetLiabilityPositionAggregateFairValue.

The official record: New Jersey Resources’s 10-Q, filed May 7, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is New Jersey Resources's derivative liabilities?: New Jersey Resources (NJR) reported derivative liabilities of $1.4M in Q1 2024.
How has New Jersey Resources's derivative liabilities changed year-over-year?: New Jersey Resources's derivative liabilities increased by 46.6% year-over-year, from $955K to $1.4M.
What does derivative liabilities mean?: Fair value of derivative contracts in a net loss position — amounts the firm owes to counterparties on hedging and trading derivatives.