NJR: New Jersey Resources Corp Total Debt to Capital

Risks for New Jersey Resources (NJR) are linked to government rate caps and the consumer transition toward green energy. This chart for New Jersey Resources (NJR) demonstrates a total debt-to-equity ratio of 1.42. The business relies on a combination of New Jersey gas network development and expansion into solar energy. Furthermore, New Jersey Resources (NJR) is fully insulated from geopolitical shocks, as its entire infrastructure is concentrated within the US.

To select fundamentally resilient assets, an investor must evaluate the business's degree of dependence on borrowed funds relative to equity. This ratio measures the share of total debt within the financing structure, which is critical for New Jersey Resources (NJR), as the modernization of its gas networks requires significant capital expenditures; therefore, the debt-to-equity trend determines the company's risk of financial overleverage.