SJI · South Jersey Industries Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Revenue | $2.32B | $1.56B | $1.63B | $1.64B | $1.24B | $1.04B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $1.64B | $1.26B | $1.43B | $1.54B | $1.24B | $847.22M |
| D&A | $211.65M | $170.65M | $133.38M | $132.91M | $123.49M | $109.82M |
| Operating Income | $349.12M | $282.22M | $201.21M | $100.75M | $4.41M | $189.28M |
| Interest Expense | $127.13M | $118.53M | $114.48M | $90.30M | $54.02M | $31.45M |
| Income Tax | $47.11M | $22.66M | $21.06M | $561.0K | ($24.94M) | $54.15M |
| Net Income | $88.09M | $157.08M | $76.92M | $17.66M | $118.81M | $118.81M |
| EPS - Basic | $0.81 | $1.62 | $0.84 | $0.21 | ($0.04) | $1.56 |
| EPS - Diluted | $0.80 | $1.62 | $0.84 | $0.21 | ($0.04) | $1.56 |
Balance Sheet
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $28.75M | $34.05M | $6.42M | $30.03M | $7.82M | $18.28M |
| Accounts Receivable | - | - | - | $202.38M | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $330.16M | $256.59M | $232.24M | $410.46M | $284.90M | $243.67M |
| Current Assets | $638.96M | $506.83M | $652.51M | $663.19M | $438.99M | $473.31M |
| Total Assets | $7.31B | $6.69B | $6.37B | $5.96B | $3.87B | $3.73B |
| Current Liabilities | $955.68M | $1.16B | $1.73B | $1.58B | $883.08M | $952.62M |
| Long-term Debt | $3.19B | $2.78B | $2.07B | $2.11B | $1.12B | $808.00M |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $1.99B | $1.66B | $1.42B | $1.27B | $1.19B | $1.29B |
| Retained Earnings | $310.43M | $355.68M | $313.24M | $343.26M | - | $510.60M |
Cash Flow
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $273.11M | $311.64M | $143.58M | - | $262.63M | $262.24M |
| Investing Cash Flow | ($645.50M) | ($507.75M) | ($477.65M) | ($1.79B) | ($287.26M) | ($245.17M) |
| Financing Cash Flow | $359.99M | $209.56M | $353.30M | $1.64B | $104.73M | ($2.67M) |
| CapEx | $566.57M | $552.92M | $466.29M | $350.86M | $269.75M | $269.69M |
| Free Cash Flow | ($293.45M) | ($241.29M) | ($322.71M) | - | ($7.12M) | ($7.45M) |
Ratios
| Metric | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 15.1% | 18.1% | 12.4% | 6.1% | 0.4% | 18.3% |
| EBITDA margin | 24.2% | 29.0% | 20.5% | 14.2% | 10.3% | 28.9% |
| Net margin | 3.8% | 10.1% | 4.7% | 1.1% | 9.6% | 11.5% |
| Free cash flow margin | -12.7% | -15.5% | -19.8% | - | -0.6% | -0.7% |
| FCF / Net income | -3.33 | -1.54 | -4.20 | - | -0.06 | -0.06 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 34.8% | 12.6% | 21.5% | 3.1% | -26.6% | 31.3% |
| Return on assets | 1.2% | 2.3% | 1.2% | 0.3% | 3.1% | 3.2% |
| Return on equity | 4.4% | 9.5% | 5.4% | 1.4% | 10.0% | 9.2% |
| Return on invested capital | 4.4% | 5.6% | 4.5% | 2.9% | 0.2% | 6.2% |
| Liquidity | ||||||
| Current ratio | 0.67 | 0.44 | 0.38 | 0.42 | 0.50 | 0.50 |
| Quick ratio | 0.67 | 0.44 | 0.38 | 0.42 | 0.50 | 0.50 |
| Cash ratio | 0.03 | 0.03 | 0.00 | 0.02 | 0.01 | 0.02 |
| Leverage | ||||||
| Debt / Equity | 1.60 | 1.67 | 1.45 | 1.66 | 0.94 | 0.63 |
| Debt / Assets | 0.44 | 0.42 | 0.33 | 0.35 | 0.29 | 0.22 |
| Debt / EBITDA | 5.69 | 6.13 | 6.19 | 9.02 | 8.78 | 2.70 |
| Interest coverage | 2.7x | 2.4x | 1.8x | 1.1x | 0.1x | 6.0x |
| Equity multiplier | 3.67 | 4.03 | 4.47 | 4.70 | 3.24 | 2.89 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.32 | 0.23 | 0.26 | 0.28 | 0.32 | 0.28 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | 45d | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 48.6% | -4.2% | -0.8% | 32.0% | 19.9% | 8.0% |
| Revenue CAGR (3y) | 12.2% | 7.9% | 16.3% | 19.6% | 11.9% | 12.3% |
| Revenue CAGR (5y) | 17.5% | 10.2% | 12.9% | 17.5% | 12.0% | 4.6% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 23.7% | 40.3% | 99.7% | 2184.5% | -97.7% | 20.6% |
| Net income growth (YoY) | -43.9% | 104.2% | 335.5% | -85.1% | 0.0% | 13.0% |
| EPS growth (YoY) | -50.6% | 92.9% | 300.0% | - | - | 2.6% |
| EPS CAGR (3y) | 56.2% | - | -18.6% | -48.3% | - | -15.1% |
| EPS CAGR (5y) | -12.5% | 1.3% | -22.1% | -39.3% | - | -12.1% |
| FCF growth (YoY) | -21.6% | 25.2% | - | - | 4.4% | 95.7% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 19.8% | 16.7% | 12.4% | 6.3% | -7.5% | 24.3% |
Stability scores
Piotroski F-score
FY 2021 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Natural Gas Distribution
Comparing SOUTH JERSEY INDUSTRIES INC against the 5 most active filers in the same SIC group.