Nstar Electric Stock Current Liabilities
| NSARO Stock | USD 83.50 0.00 0.00% |
NSTAR Electric fundamentals help investors to digest information that contributes to NSTAR Electric's financial success or failures. It also enables traders to predict the movement of NSTAR Pink Sheet. The fundamental analysis module provides a way to measure NSTAR Electric's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NSTAR Electric pink sheet.
NSTAR |
NSTAR Electric Company Current Liabilities Analysis
NSTAR Electric's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current NSTAR Electric Current Liabilities | 863.51 M |
Most of NSTAR Electric's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NSTAR Electric is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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In accordance with the recently published financial statements, NSTAR Electric has a Current Liabilities of 863.51 M. This is 97.09% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Electric industry. The current liabilities for all United States stocks is 89.07% higher than that of the company.
NSTAR Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NSTAR Electric's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of NSTAR Electric could also be used in its relative valuation, which is a method of valuing NSTAR Electric by comparing valuation metrics of similar companies.NSTAR Electric is currently under evaluation in current liabilities category among its peers.
NSTAR Fundamentals
| Return On Equity | 0.0992 | |||
| Return On Asset | 0.0319 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.21 % | |||
| Shares Outstanding | 48.52 M | |||
| Shares Owned By Institutions | 56.39 % | |||
| Revenue | 3.06 B | |||
| Gross Profit | 1.5 B | |||
| EBITDA | 1.07 B | |||
| Net Income | 476.57 M | |||
| Cash And Equivalents | 5.35 M | |||
| Total Debt | 3.59 B | |||
| Debt To Equity | 0.88 % | |||
| Current Ratio | 0.71 X | |||
| Cash Flow From Operations | 700.94 M | |||
| Number Of Employees | 1.6 K | |||
| Beta | -0.07 | |||
| Market Capitalization | 5.13 B | |||
| Total Asset | 13.8 B | |||
| Retained Earnings | 1.58 B | |||
| Working Capital | (47.36 M) | |||
| Current Asset | 816.16 M | |||
| Current Liabilities | 863.51 M | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 4.69 % | |||
| Net Asset | 13.8 B |
About NSTAR Electric Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NSTAR Electric's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NSTAR Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NSTAR Electric based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with NSTAR Electric
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NSTAR Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NSTAR Electric will appreciate offsetting losses from the drop in the long position's value.Moving against NSTAR Pink Sheet
| 0.77 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.7 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.67 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.59 | NGG | National Grid PLC | PairCorr |
| 0.56 | AEP | American Electric Power Sell-off Trend | PairCorr |
The ability to find closely correlated positions to NSTAR Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NSTAR Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NSTAR Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NSTAR Electric to buy it.
The correlation of NSTAR Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NSTAR Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NSTAR Electric moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NSTAR Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in NSTAR Pink Sheet
NSTAR Electric financial ratios help investors to determine whether NSTAR Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NSTAR with respect to the benefits of owning NSTAR Electric security.