Nstar Electric Stock Debt To Equity
| NSARP Stock | USD 71.00 1.00 1.39% |
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 Debt To Equity Analysis
NSTAR Electric's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current NSTAR Electric Debt To Equity | 94.60 % |
Most of NSTAR Electric's fundamental indicators, such as Debt To Equity, 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.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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According to the company disclosure, NSTAR Electric has a Debt To Equity of 94%. This indicator is about the same for the Utilities average (which is currently at 94.12) sector and 38.89% lower than that of the Utilities - Regulated Electric industry. The debt to equity for all United States stocks is 94.25% lower than that of the firm.
NSTAR Debt To Equity 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 Debt To Equity 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 debt to equity category among its peers.
NSTAR Fundamentals
| Revenue | 3.06 B | |||
| EBITDA | 1.07 B | |||
| Net Income | 476.57 M | |||
| Cash And Equivalents | 9.47 M | |||
| Total Debt | 3.59 B | |||
| Debt To Equity | 94.60 % | |||
| Current Ratio | 0.77 X | |||
| Cash Flow From Operations | 700.94 M | |||
| Beta | -0.02 | |||
| Total Asset | 13.8 B | |||
| Annual Yield | 0.04 % | |||
| Net Asset | 13.8 B | |||
| Last Dividend Paid | 1.06 |
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
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| 0.63 | GS | Goldman Sachs Group Earnings Call This Week | PairCorr |
| 0.59 | IAG | IAMGold | PairCorr |
| 0.59 | T | ATT Inc 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.Additional Tools for NSTAR Pink Sheet Analysis
When running NSTAR Electric's price analysis, check to measure NSTAR Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NSTAR Electric is operating at the current time. Most of NSTAR Electric's value examination focuses on studying past and present price action to predict the probability of NSTAR Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NSTAR Electric's price. Additionally, you may evaluate how the addition of NSTAR Electric to your portfolios can decrease your overall portfolio volatility.