The Connecticut Light and Power Company
The Connecticut Light and Power Company, a regulated electric utility, engages in the purchase, delivery, and sale of electricity to residential, commercial, and industrial customers in Connecticut. It offers furnished retail franchise electric services to its customers. The company was founded in 1917 and is based in Berlin, Connecticut. The Connecticut Light and Power Company operates as a subs… Read more
The Connecticut Light and Power Company (CNTHP) - Net Assets
Latest net assets as of September 2025: $16.18 Billion USD
Based on the latest financial reports, The Connecticut Light and Power Company (CNTHP) has net assets worth $16.18 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($61.70 Billion) and total liabilities ($45.52 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $16.18 Billion |
| % of Total Assets | 26.23% |
| Annual Growth Rate | 6.93% |
| 5-Year Change | 321.64% |
| 10-Year Change | 592.86% |
| Growth Volatility | 60.32 |
The Connecticut Light and Power Company - Net Assets Trend (1994–2024)
This chart illustrates how The Connecticut Light and Power Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Connecticut Light and Power Company (1994–2024)
The table below shows the annual net assets of The Connecticut Light and Power Company from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $21.76 Billion | +250.59% |
| 2023-12-31 | $6.21 Billion | +5.19% |
| 2022-12-31 | $5.90 Billion | +8.95% |
| 2021-12-31 | $5.42 Billion | +4.94% |
| 2020-12-31 | $5.16 Billion | +14.59% |
| 2019-12-31 | $4.50 Billion | +4.37% |
| 2018-12-31 | $4.32 Billion | -61.07% |
| 2017-12-31 | $11.09 Billion | +219.45% |
| 2016-12-31 | $3.47 Billion | +10.50% |
| 2015-12-31 | $3.14 Billion | +6.94% |
| 2014-12-31 | $2.94 Billion | +8.67% |
| 2013-12-31 | $2.70 Billion | +6.47% |
| 2012-12-31 | $2.54 Billion | +5.43% |
| 2011-12-31 | $2.41 Billion | +0.42% |
| 2010-12-31 | $2.40 Billion | +1.02% |
| 2009-12-31 | $2.37 Billion | +5.74% |
| 2008-12-31 | $2.24 Billion | -22.97% |
| 2007-12-31 | $2.91 Billion | -0.02% |
| 2006-12-31 | $2.91 Billion | +14.49% |
| 2005-12-31 | $2.55 Billion | +5.49% |
| 2004-12-31 | $2.41 Billion | +1.37% |
| 2003-12-31 | $2.38 Billion | +2.30% |
| 2002-12-31 | $2.33 Billion | +4.16% |
| 2001-12-31 | $2.23 Billion | -9.00% |
| 2000-12-31 | $2.45 Billion | +5.83% |
| 1999-12-31 | $2.32 Billion | +1.57% |
| 1998-12-31 | $2.28 Billion | -3.38% |
| 1997-12-31 | $2.36 Billion | -5.96% |
| 1996-12-31 | $2.51 Billion | -16.10% |
| 1995-12-31 | $3.00 Billion | +2.62% |
| 1994-12-31 | $2.92 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Connecticut Light and Power Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 197.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.82 Billion | 42.20% |
| Common Stock | $60.35 Million | 0.90% |
| Other Comprehensive Income | $158.00K | 0.00% |
| Other Components | $3.80 Billion | 56.89% |
| Total Equity | $6.68 Billion | 100.00% |
The Connecticut Light and Power Company Competitors by Market Cap
The table below lists competitors of The Connecticut Light and Power Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PAN AMER SILVER - Dusseldorf Stock Exchang
DU:PA2
|
$507.80K |
|
NANECH
ST:NANECH
|
$508.18K |
|
MASCO - Dusseldorf Stock Exchang
DU:MSQ
|
$508.23K |
|
Lexston Mining Corporation
F:L75
|
$508.44K |
|
Ottobock SE & Co. KGaA
XETRA:OBCK
|
$506.17K |
|
BRIT AMER TOBACCO
MU:BMT
|
$506.17K |
|
Bessor Minerals Inc
PINK:TRYXF
|
$506.11K |
|
LEUCADIA NATIONAL
BE:LN3
|
$506.08K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Connecticut Light and Power Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,206,870,000 to 6,680,082,000, a change of 473,212,000 (7.6%).
- Net income of 811,653,000 contributed positively to equity growth.
- Dividend payments of 1,001,488,000 reduced retained earnings.
- Other comprehensive income decreased equity by 27,001.
- Other factors increased equity by 663,074,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $811.65 Million | +12.15% |
| Dividends Paid | $1.00 Billion | -14.99% |
| Other Comprehensive Income | $-27.00K | -0.0% |
| Other Changes | $663.07 Million | +9.93% |
| Total Change | $- | 7.62% |
Book Value vs Market Value Analysis
This analysis compares The Connecticut Light and Power Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.05x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.24x to 0.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $23.40 | $52.50 | x |
| 1995-12-31 | $22.97 | $52.50 | x |
| 1996-12-31 | $469.73 | $52.50 | x |
| 1997-12-31 | $440.55 | $52.50 | x |
| 1998-12-31 | $425.01 | $52.50 | x |
| 1999-12-31 | $432.00 | $52.50 | x |
| 2000-12-31 | $458.33 | $52.50 | x |
| 2001-12-31 | $434.79 | $52.50 | x |
| 2002-12-31 | $452.87 | $52.50 | x |
| 2003-12-31 | $463.30 | $52.50 | x |
| 2004-12-31 | $468.12 | $52.50 | x |
| 2005-12-31 | $449.09 | $52.50 | x |
| 2006-12-31 | $471.11 | $52.50 | x |
| 2007-12-31 | $468.25 | $52.50 | x |
| 2008-12-31 | $359.69 | $52.50 | x |
| 2009-12-31 | $343.51 | $52.50 | x |
| 2010-12-31 | $338.85 | $52.50 | x |
| 2011-12-31 | $338.51 | $52.50 | x |
| 2012-12-31 | $420.59 | $52.50 | x |
| 2013-12-31 | $447.79 | $52.50 | x |
| 2014-12-31 | $486.61 | $52.50 | x |
| 2015-12-31 | $520.40 | $52.50 | x |
| 2016-12-31 | $575.02 | $52.50 | x |
| 2017-12-31 | $1836.93 | $52.50 | x |
| 2018-12-31 | $715.06 | $52.50 | x |
| 2019-12-31 | $746.29 | $52.50 | x |
| 2020-12-31 | $855.15 | $52.50 | x |
| 2021-12-31 | $897.35 | $52.50 | x |
| 2022-12-31 | $977.69 | $52.50 | x |
| 2023-12-31 | $1028.44 | $52.50 | x |
| 2024-12-31 | $1095.16 | $52.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Connecticut Light and Power Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.15%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.82%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 8.92x
- Recent ROE (12.15%) is above the historical average (7.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 11.30% | 9.06% | 0.34x | 3.63x | $37.99 Million |
| 1995 | 11.11% | 8.58% | 0.36x | 3.64x | $32.22 Million |
| 1996 | 0.08% | 0.05% | 0.35x | 4.45x | $-239.50 Million |
| 1997 | -6.00% | -3.54% | 0.37x | 4.60x | $-362.05 Million |
| 1998 | -6.72% | -3.90% | 0.36x | 4.76x | $-365.11 Million |
| 1999 | 1.54% | 0.77% | 0.46x | 4.36x | $-187.74 Million |
| 2000 | -1.21% | -0.49% | 0.58x | 4.34x | $-264.06 Million |
| 2001 | 10.90% | 4.08% | 0.58x | 4.63x | $20.13 Million |
| 2002 | 6.54% | 2.92% | 0.51x | 4.41x | $-80.56 Million |
| 2003 | 4.89% | 1.92% | 0.54x | 4.75x | $-121.62 Million |
| 2004 | 4.83% | 1.74% | 0.57x | 4.83x | $-124.70 Million |
| 2005 | -9.96% | -3.43% | 0.59x | 4.94x | $-508.03 Million |
| 2006 | 16.15% | 6.84% | 0.61x | 3.88x | $179.14 Million |
| 2007 | 8.46% | 4.23% | 0.50x | 3.97x | $-44.90 Million |
| 2008 | 8.52% | 5.37% | 0.43x | 3.71x | $-33.29 Million |
| 2009 | 9.12% | 6.32% | 0.41x | 3.52x | $-21.00 Million |
| 2010 | 10.18% | 8.14% | 0.36x | 3.46x | $4.40 Million |
| 2011 | 10.39% | 9.82% | 0.29x | 3.65x | $9.41 Million |
| 2012 | 8.04% | 8.48% | 0.26x | 3.60x | $-49.67 Million |
| 2013 | 10.34% | 11.44% | 0.27x | 3.32x | $9.16 Million |
| 2014 | 9.80% | 10.69% | 0.29x | 3.19x | $-5.92 Million |
| 2015 | 9.53% | 10.68% | 0.29x | 3.05x | $-14.71 Million |
| 2016 | 9.63% | 11.91% | 0.28x | 2.89x | $-12.78 Million |
| 2017 | 3.40% | 13.05% | 0.08x | 3.27x | $-731.90 Million |
| 2018 | 8.75% | 12.20% | 0.27x | 2.64x | $-53.83 Million |
| 2019 | 9.12% | 12.71% | 0.27x | 2.71x | $-39.55 Million |
| 2020 | 23.50% | 13.62% | 0.66x | 2.61x | $696.59 Million |
| 2021 | 7.42% | 11.04% | 0.26x | 2.58x | $-139.85 Million |
| 2022 | 9.03% | 11.06% | 0.33x | 2.50x | $-57.14 Million |
| 2023 | 8.36% | 11.33% | 0.29x | 2.55x | $-101.95 Million |
| 2024 | 12.15% | 6.82% | 0.20x | 8.92x | $143.64 Million |
Industry Comparison
This section compares The Connecticut Light and Power Company's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $21,661,307,099
- Average return on equity (ROE) among peers: 11.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Connecticut Light and Power Company (CNTHP) | $16.18 Billion | 11.30% | 2.81x | $506.99K |
| Aboitiz Equity Ventures Inc (ABOIF) | $21.34 Billion | 14.80% | 0.79x | $1.55 Billion |
| Ameren Corp (AEE) | $4.55 Billion | 11.50% | 2.12x | $30.51 Billion |
| American Electric Power Co Inc (AEP) | $26.99 Billion | 10.99% | 2.82x | $71.56 Billion |
| Avangrid Inc (AGR) | $500.50 Million | 10.07% | 2.97x | $2.56 Billion |
| Central Puerto S.A. (CEPU) | $4.66 Billion | 28.55% | 1.05x | $2.49 Billion |
| CLP Holdings Ltd (CLPHY) | $125.97 Billion | 9.20% | 0.86x | $14.34 Billion |
| CMS Energy Corporation (CMS) | $2.46 Billion | 11.28% | 5.30x | $23.53 Billion |
| CenterPoint Energy Inc (CNP) | $8.35 Billion | -9.26% | 3.01x | $27.76 Billion |
| Caribbean Utilities Company Ltd (CUPUF) | $133.72 Million | 17.09% | 1.34x | $224.77 Million |