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New Jersey ResourcesFRA:NJ1 -1.26%70 Quick Ratio is 0.45 as of Jun. 2026, which is 26% below its 10-year median of 0.61. GuruFocus rates FRA:NJ1 with a GF Score™ of 70/100 and a GF Value™ of €46.25 (Fairly Valued). The stock has 8 warning signs investors should review. Among 505 Utilities - Regulated companies, New Jersey Resources ranks worse than 89.11% on this metric.
New Jersey Resources (FRA:NJ1) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
New Jersey Resources Quick Ratio Related Terms
New Jersey Resources Quick Ratio Historical Data
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The historical data trend for New Jersey Resources's Quick Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Gas subindustry, New Jersey Resources's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
New Jersey Resources Quick Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, New Jersey Resources's Quick Ratio distribution charts can be found below:
* The bar in red indicates where New Jersey Resources's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
New Jersey Resources's Quick Ratio for the fiscal year that ended in Sep. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
New Jersey Resources (FRA:NJ1) has a Quick Ratio of 0.45 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on New Jersey Resources and its competitors. This is 26% below median its historical median of 0.61. Over the past decade, New Jersey Resources' Quick Ratio has ranged from 0.36 to 1.16. According to the industry distribution chart, New Jersey Resources ranks #450 out of 505 companies in the Utilities - Regulated industry, placing it in the top 89.1%.
Is New Jersey Resources' Quick Ratio too high?
New Jersey Resources' current Quick Ratio of 0.45 is 26% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.16. The Utilities - Regulated industry median Quick Ratio is 1.00. New Jersey Resources' value of 0.45 is 55% below this industry median. Based on the distribution chart, New Jersey Resources ranks #450 out of 505 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, New Jersey Resources has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does New Jersey Resources' Quick Ratio compare to BKH and SWX?
According to the Utilities - Regulated industry distribution chart, New Jersey Resources ranks #450 out of 505 companies for Quick Ratio. This places New Jersey Resources in the lower half of its industry. The industry median Quick Ratio is 1.00. New Jersey Resources' value of 0.45 is 55% below this benchmark. Historically, New Jersey Resources' own Quick Ratio has ranged from 0.36 to 1.16 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.00, New Jersey Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.00, based on 505 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Jersey Resources's current Quick Ratio of 0.45 is 55% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on New Jersey Resources and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Jersey Resources's current Quick Ratio is 0.45, which is 26% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Jersey Resources stock overvalued right now?
Based on GuruFocus' analysis, New Jersey Resources (FRA:NJ1) is currently considered Fairly Valued. The stock's GF Value™ is €46.25, compared to a current price of €47.00 — trading 1.6% above its estimated fair value. The current Quick Ratio is 0.45, which is 26% below median its 10-year median of 0.61 and 55% below the Utilities - Regulated industry median of 1.00. New Jersey Resources' overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For New Jersey Resources (FRA:NJ1), the current Quick Ratio is 0.45 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is New Jersey Resources (FRA:NJ1) Overvalued in 2026?
Based on GuruFocus' analysis, New Jersey Resources stock appears to be overvalued.
The current stock price of €47.00 is trading 1.6% above its estimated GF Value™ of €46.25.
GuruFocus considers New Jersey Resources to be Fairly Valued.
Key valuation signals for FRA:NJ1:
Quick Ratio: 0.45 (26% below median its 10-year median of 0.61)
GF Value™: €46.25 vs. price of €47.00 (1.6% above fair value)
Industry Position: 55% below the Utilities - Regulated median (#450 of 505)
No single metric tells the full story. See the FRA:NJ1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to nearly 600,000 customers in the state. NJR's nonregulated businesses include investments in commercial solar projects and several large midstream natural gas projects.
70GF Score
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