Nstar Electric Financials
This page shows Nstar Electric (NSARP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2011 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Nstar Electric's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Nstar Electric carries a low D/E ratio of 0.56, meaning only $0.56 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 91/100, indicating a strong balance sheet with room for future borrowing.
Nstar Electric's current ratio of 0.57 is below the typical benchmark, resulting in a score of 6/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Nstar Electric's ROE of 11.3% shows moderate profitability relative to equity, earning a score of 36/100. This is down from 11.6% the prior year.
Nstar Electric passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, Nstar Electric generates $2.86 in operating cash flow ($721.2M OCF vs $252.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Nstar Electric earns $7.0 in operating income for every $1 of interest expense ($486.7M vs $69.2M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Nstar Electric's EBITDA was $758.8M in fiscal year 2011, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 0.6% from the prior year.
Nstar Electric reported $252.5M in net income in fiscal year 2011. This represents an increase of 1.6% from the prior year.
Cash & Balance Sheet
Nstar Electric generated $339.9M in free cash flow in fiscal year 2011, representing cash available after capex. This represents an increase of 37.4% from the prior year.
Nstar Electric held $9.4M in cash against $1.2B in long-term debt as of fiscal year 2011.
Nstar Electric had 100 shares outstanding in fiscal year 2011. This represents an increase of 0.0% from the prior year.
Margins & Returns
Nstar Electric's ROE was 11.3% in fiscal year 2011, measuring profit generated per dollar of shareholder equity. This is down 0.2 percentage points from the prior year.
Capital Allocation
Nstar Electric invested $381.2M in capex in fiscal year 2011, funding long-term assets and infrastructure. This represents an increase of 23.5% from the prior year.
NSARP Income Statement
| Metric | Q1'12 | Q4'11 | Q3'11 | Q2'11 | Q1'11 | Q4'10 | Q3'10 | Q2'10 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $24.6M | N/A | $183.9M+59.4% | $115.4M+31.0% | $88.1M | N/A | $186.7M+55.5% | $120.1M |
| Interest Expense | $18.8M | N/A | $18.1M+12.6% | $16.0M-8.7% | $17.6M | N/A | $18.9M+23.1% | $15.4M |
| Income Tax | $2.0M | N/A | $65.6M+66.1% | $39.5M+40.6% | $28.1M | N/A | $66.4M+58.2% | $41.9M |
| Net Income | $3.9M | N/A | $99.8M+64.6% | $60.7M+41.4% | $42.9M | N/A | $102.3M+63.2% | $62.7M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
NSARP Balance Sheet
| Metric | Q1'12 | Q4'11 | Q3'11 | Q2'11 | Q1'11 | Q4'10 | Q3'10 | Q2'10 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.8B-0.6% | $6.8B+3.3% | $6.6B+0.2% | $6.6B | N/A | $6.7B | N/A | N/A |
| Current Assets | $608.7M-2.8% | $626.2M-1.2% | $633.7M-1.1% | $640.5M | N/A | $807.7M | N/A | N/A |
| Cash & Equivalents | $9.1M-2.5% | $9.4M-6.7% | $10.0M+5.5% | $9.5M+21.7% | $7.8M-12.7% | $9.0M-2.4% | $9.2M+0.7% | $9.1M |
| Inventory | $37.9M+21.4% | $31.2M+36.2% | $22.9M0.0% | $22.9M | N/A | $18.3M | N/A | N/A |
| Accounts Receivable | $222.2M-4.6% | $232.8M-16.0% | $277.2M+14.9% | $241.4M | N/A | $227.1M | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $4.6B+0.3% | $4.6B+4.5% | $4.4B-1.4% | $4.4B | N/A | $4.6B | N/A | N/A |
| Current Liabilities | $1.2B+6.4% | $1.1B+66.9% | $660.5M-4.1% | $688.6M | N/A | $804.1M | N/A | N/A |
| Long-Term Debt | $1.2B-3.5% | $1.2B-24.3% | $1.6B-2.4% | $1.7B | N/A | $1.7B | N/A | N/A |
| Total Equity | $2.2B-2.4% | $2.2B+0.9% | $2.2B+3.3% | $2.1B | N/A | $2.2B | N/A | N/A |
| Retained Earnings | $1.2B-4.3% | $1.2B+1.7% | $1.2B+6.2% | $1.1B-0.3% | $1.2B-0.7% | $1.2B+1.0% | $1.1B+6.9% | $1.1B |
NSARP Cash Flow Statement
| Metric | Q1'12 | Q4'11 | Q3'11 | Q2'11 | Q1'11 | Q4'10 | Q3'10 | Q2'10 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $103.8M-19.6% | $129.2M-43.0% | $226.8M-28.5% | $317.3M+562.5% | $47.9M-74.3% | $186.6M-16.7% | $224.0M | N/A |
| Capital Expenditures | $98.7M-29.2% | $139.4M+73.9% | $80.2M-9.7% | $88.8M+22.0% | $72.8M-27.6% | $100.6M+39.9% | $71.9M | N/A |
| Free Cash Flow | $5.1M+149.8% | -$10.3M-107.0% | $146.6M-35.9% | $228.5M+1017.5% | -$24.9M-129.0% | $86.0M-43.4% | $152.1M | N/A |
| Investing Cash Flow | -$98.3M+29.5% | -$139.4M-74.6% | -$79.8M+9.8% | -$88.5M-58.7% | -$55.8M+46.8% | -$104.9M-24.5% | -$84.3M | N/A |
| Financing Cash Flow | -$5.7M-159.6% | $9.6M+106.6% | -$146.4M+35.5% | -$227.1M-3458.7% | $6.8M+108.3% | -$81.9M+41.4% | -$139.6M | N/A |
| Dividends Paid | $57.6M+100.0% | $28.8M0.0% | $28.8M-54.9% | $63.8M+26.3% | $50.5M+75.4% | $28.8M0.0% | $28.8M0.0% | $28.8M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
NSARP Financial Ratios
| Metric | Q1'12 | Q4'11 | Q3'11 | Q2'11 | Q1'11 | Q4'10 | Q3'10 | Q2'10 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | 0.2% | N/A | 4.5%+1.7pp | 2.8% | N/A | N/A | N/A | N/A |
| Return on Assets | 0.1% | N/A | 1.5%+0.6pp | 0.9% | N/A | N/A | N/A | N/A |
| Current Ratio | 0.52-0.0 | 0.57-0.4 | 0.96+0.0 | 0.93 | N/A | 1.00 | N/A | N/A |
| Debt-to-Equity | 0.550.0 | 0.56-0.2 | 0.74-0.0 | 0.79 | N/A | 0.81 | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.57), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
Is Nstar Electric profitable?
Yes, Nstar Electric (NSARP) reported a net income of $252.5M in fiscal year 2011.
What is Nstar Electric's EBITDA?
Nstar Electric (NSARP) had EBITDA of $758.8M in fiscal year 2011, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Nstar Electric have?
As of fiscal year 2011, Nstar Electric (NSARP) had $9.4M in cash and equivalents against $1.2B in long-term debt.
What is Nstar Electric's return on equity (ROE)?
Nstar Electric (NSARP) has a return on equity of 11.3% for fiscal year 2011, measuring how efficiently the company generates profit from shareholder equity.
What is Nstar Electric's free cash flow?
Nstar Electric (NSARP) generated $339.9M in free cash flow during fiscal year 2011. This represents a 37.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Nstar Electric's operating cash flow?
Nstar Electric (NSARP) generated $721.2M in operating cash flow during fiscal year 2011, representing cash generated from core business activities.
What are Nstar Electric's total assets?
Nstar Electric (NSARP) had $6.8B in total assets as of fiscal year 2011, including both current and long-term assets.
What are Nstar Electric's capital expenditures?
Nstar Electric (NSARP) invested $381.2M in capital expenditures during fiscal year 2011, funding long-term assets and infrastructure.
What is Nstar Electric's current ratio?
Nstar Electric (NSARP) had a current ratio of 0.57 as of fiscal year 2011, which is below 1.0, which may suggest potential liquidity concerns.
What is Nstar Electric's debt-to-equity ratio?
Nstar Electric (NSARP) had a debt-to-equity ratio of 0.56 as of fiscal year 2011, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Nstar Electric's return on assets (ROA)?
Nstar Electric (NSARP) had a return on assets of 3.7% for fiscal year 2011, measuring how efficiently the company uses its assets to generate profit.
What is Nstar Electric's Piotroski F-Score?
Nstar Electric (NSARP) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Nstar Electric's earnings high quality?
Nstar Electric (NSARP) has an earnings quality ratio of 2.86x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Nstar Electric cover its interest payments?
Nstar Electric (NSARP) has an interest coverage ratio of 7.0x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Nstar Electric?
Nstar Electric (NSARP) scores 22 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.