RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
South Jersey Industries - Stock

South Jersey Industries Liabilities 2024

South Jersey Industries Liabilities

5.32 B USD

Ticker

SJI

ISIN

US8385181081

WKN

860789

In 2024, South Jersey Industries's total liabilities amounted to 5.32 B USD, a 0% difference from the 0 USD total liabilities in the previous year.

South Jersey Industries Aktienanalyse

What does South Jersey Industries do?

South Jersey Industries Inc (SJI) is an energy company headquartered in Folsom, New Jersey. The company's roots date back to 1910 when its predecessor company, South Jersey Gas Company, was founded to deliver gas to customers in southern New Jersey. Today, SJI operates several business segments, including South Jersey Gas, SJI Utilities, Marina Energy, SJI Energy Services, and SJI Midstream. South Jersey Gas is the largest business segment of SJI, supplying gas to nearly 400,000 customers across nearly 3,000 square kilometers in seven counties in southern New Jersey. SJI Utilities operates water supply and wastewater disposal systems in several rural communities in New Jersey. The company is also involved in the telecommunications industry, offering broadband services through its subsidiary, South Jersey Connect. Marina Energy is a power plant operator that markets electricity in various markets across the United States. The company operates multiple sites that utilize natural gas, solar, and other fuels to generate electricity. SJI Energy Services provides customers with energy efficiency and sustainability solutions, as well as facility operation services. The SJI Midstream business segment is a pipeline operator that provides services to gas utilities and industrial customers in New Jersey, Pennsylvania, and Delaware. Over the years, SJI has also completed a number of acquisitions and partnerships. In 2017, the company acquired Marina Energy and Marina Thermal Plant Acquisitions, LLC. SJI Midstream expanded its pipeline network through the acquisition of Elizabethtown Gas. In 2018, SJI formed a partnership with Ørsted, a major offshore wind energy developer, to expand wind energy infrastructure in the region. SJI is committed to driving the energy transition and transitioning to renewable energy. The company has committed to achieving a 50% reduction in its CO2 emissions by 2030 by focusing on renewable energy and improving efficiency. The company has also shifted its power mix by increasing its reliance on solar and wind energy and meeting its own electricity needs through renewable sources. Overall, SJI has a long history as an energy provider and has evolved into a larger diversified energy company in recent years. With business segments in gas, water, electricity, and telecommunications and a focus on renewable energy, SJI has promising future prospects. South Jersey Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing South Jersey Industries's Liabilities

South Jersey Industries's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating South Jersey Industries's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing South Jersey Industries's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

South Jersey Industries's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in South Jersey Industries’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about South Jersey Industries stock

What is the level of liabilities of South Jersey Industries this year?

South Jersey Industries has a debt balance of 5.32 B USD this year.

What were the liabilities of South Jersey Industries compared to the previous year?

The liabilities of South Jersey Industries have increased by 0% dropped compared to the previous year.

What are the consequences of high debt for investors of South Jersey Industries?

High liabilities can pose a risk for investors of South Jersey Industries, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in South Jersey Industries?

Low liabilities mean that South Jersey Industries has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of South Jersey Industries affect the company?

An increase in liabilities of South Jersey Industries can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of South Jersey Industries affect the company?

A decrease in the liabilities of South Jersey Industries can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of South Jersey Industries?

Some factors that can influence the liabilities of South Jersey Industries include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of South Jersey Industries so important for investors?

The liabilities of South Jersey Industries are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can South Jersey Industries take to modify the liabilities?

To change its liabilities, South Jersey Industries can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does South Jersey Industries pay?

Over the past 12 months, South Jersey Industries paid a dividend of 1.22 USD . This corresponds to a dividend yield of about 3.37 %. For the coming 12 months, South Jersey Industries is expected to pay a dividend of 2.47 USD.

What is the dividend yield of South Jersey Industries?

The current dividend yield of South Jersey Industries is 3.37 %.

When does South Jersey Industries pay dividends?

South Jersey Industries pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of South Jersey Industries?

South Jersey Industries paid dividends every year for the past 25 years.

What is the dividend of South Jersey Industries?

For the upcoming 12 months, dividends amounting to 2.47 USD are expected. This corresponds to a dividend yield of 6.84 %.

In which sector is South Jersey Industries located?

South Jersey Industries is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von South Jersey Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of South Jersey Industries from 12/27/2022 amounting to 0.31 USD, you needed to have the stock in your portfolio before the ex-date on 12/16/2022.

When did South Jersey Industries pay the last dividend?

The last dividend was paid out on 12/27/2022.

What was the dividend of South Jersey Industries in the year 2023?

In the year 2023, South Jersey Industries distributed 1.24 USD as dividends.

In which currency does South Jersey Industries pay out the dividend?

The dividends of South Jersey Industries are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von South Jersey Industries

Our stock analysis for South Jersey Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of South Jersey Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.