NSTAR ELECTRIC CO
NSARO, NSARP · Electric Services · 100 shares · EDGAR filings ↗
Grade
B72Low-leverage regulated electric utility with top-decile interest coverage and ROIC, but on stale FY2011 data.
Strengths
- Interest coverage 7.0 (100th pct), ROIC 11% (92nd), ROA 3.7% (88th)
- Low debt/equity 0.56 (15th pct) and strong FCF (83rd pct)
Risks
- Weak liquidity: current ratio 0.57 (~21st pct)
- Flat earnings growth (1.6%, 44th pct); FY2011 data is materially stale
Notable findings
- Weak liquidityCurrent ratio 0.57 (<1)
Key metrics
Return on equity
11.3%
Return on assets
3.7%
ROIC
11.1%
Net-income growth
1.6%
Debt / equity
0.6×
Net debt / EBITDA
1.6×
Interest coverage
7.0×
Current ratio
0.6×
Free cash flow
$340M
EBITDA
$759M
Tangible book value
$2.2B
Cash & investments
$17M
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-13 | Debt obligationExhibits | filing ↗ |
| 2026-05-06 | ResultsShareholder voteReg FDExhibits | filing ↗ |
| 2026-03-31 | Reg FDOtherExhibits | filing ↗ |
| 2026-02-12 | ResultsReg FDExhibits | filing ↗ |
| 2026-01-30 | 5.05Exhibits | filing ↗ |
| 2025-11-04 | ResultsReg FDExhibits | filing ↗ |
| 2025-10-17 | Debt obligationExhibits | filing ↗ |
| 2025-07-31 | ResultsReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-13 | 2026-05-13 | 0001104659-26-060236 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001628280-26-032278 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001104659-26-056267 ↗ |
| 8-K | 2026-03-31 | 2026-03-19 | 0001104659-26-037912 ↗ |
| 10-K | 2026-02-17 | 2025-12-31 | 0001628280-26-008461 ↗ |
| 8-K | 2026-02-12 | 2026-02-12 | 0001104659-26-014302 ↗ |
| 8-K | 2026-01-30 | 2026-01-27 | 0001104659-26-008649 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001628280-25-050033 ↗ |
| 8-K | 2025-11-04 | 2025-11-04 | 0001104659-25-106306 ↗ |
| 8-K | 2025-10-17 | 2025-10-17 | 0001104659-25-100409 ↗ |
| 10-Q | 2025-08-04 | 2025-06-30 | 0001628280-25-037369 ↗ |
| 8-K | 2025-07-31 | 2025-07-31 | 0001104659-25-072711 ↗ |