NSTAR Electric Company
NSTAR Electric Company, trading as Eversource Energy, engages in the purchase, transmission, delivery, and sale of electricity to residential, commercial, and industrial customers in eastern and western Massachusetts. It also owns solar power facilities. NSTAR Electric Company was formerly known as Boston Edison Company and changed its name to NSTAR Electric Company on January 1, 2007. The compan… Read more
NSTAR Electric Company (NSARO) - Net Assets
Latest net assets as of September 2025: $22.50 Trillion USD
Based on the latest financial reports, NSTAR Electric Company (NSARO) has net assets worth $22.50 Trillion 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 Trillion) and total liabilities ($39.20 Trillion). 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 | $22.50 Trillion |
| % of Total Assets | 36.47% |
| Annual Growth Rate | 33.65% |
| 5-Year Change | 467572.63% |
| 10-Year Change | 877928.39% |
| Growth Volatility | 59541.95 |
NSTAR Electric Company - Net Assets Trend (1994–2025)
This chart illustrates how NSTAR Electric 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 NSTAR Electric Company (1994–2025)
The table below shows the annual net assets of NSTAR Electric Company from 1994 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $23.46 Trillion | +337005.93% |
| 2024-12-31 | $6.96 Billion | +12.36% |
| 2023-12-31 | $6.19 Billion | +7.83% |
| 2022-12-31 | $5.74 Billion | +14.51% |
| 2021-12-31 | $5.02 Billion | +9.89% |
| 2020-12-31 | $4.56 Billion | +8.60% |
| 2019-12-31 | $4.20 Billion | +11.39% |
| 2018-12-31 | $3.77 Billion | -65.97% |
| 2017-12-31 | $11.09 Billion | +314.95% |
| 2016-12-31 | $2.67 Billion | +2.39% |
| 2015-12-31 | $2.61 Billion | +4.11% |
| 2014-12-31 | $2.51 Billion | +2.04% |
| 2013-12-31 | $2.46 Billion | +9.37% |
| 2012-12-31 | $2.25 Billion | +0.64% |
| 2011-12-31 | $2.23 Billion | +3.75% |
| 2010-12-31 | $2.15 Billion | +2.79% |
| 2009-12-31 | $2.09 Billion | +4.90% |
| 2008-12-31 | $1.99 Billion | +9.04% |
| 2007-12-31 | $1.83 Billion | -37.22% |
| 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 | -9.55% |
| 2000-12-31 | $2.47 Billion | +1.19% |
| 1999-12-31 | $2.44 Billion | -0.42% |
| 1998-12-31 | $2.45 Billion | -6.06% |
| 1997-12-31 | $2.61 Billion | -6.45% |
| 1996-12-31 | $2.79 Billion | -6.89% |
| 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 NSTAR Electric 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 475661.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.50 Trillion | 19.20% |
| Common Stock | $1.91 Trillion | 8.16% |
| Other Comprehensive Income | $-20.51 Billion | -0.09% |
| Other Components | $17.06 Trillion | 72.72% |
| Total Equity | $23.46 Trillion | 100.00% |
NSTAR Electric Company Competitors by Market Cap
The table below lists competitors of NSTAR Electric Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Isupetasys Co. Ltd.
KQ:007660
|
$729.65K |
|
EBAY - Dusseldorf Stock Exchang
DU:EBA
|
$729.79K |
|
ICF INTL
BE:G6V
|
$730.39K |
|
Sayona Mining Limited
OTCQB:SYAXF
|
$731.37K |
|
Jwwinvest
WAR:JWW
|
$728.66K |
|
Dermata Therapeutics Inc
NASDAQ:DRMA
|
$728.51K |
|
ARC MINERALS LTD
F:DFYA
|
$728.45K |
|
Wellfully Ltd
AU:WFL
|
$727.70K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NSTAR Electric Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,958,806,000 to 23,458,548,000,000, a change of 23,451,589,194,000 (337005.9%).
- Net income of 1,692,372,000,000 contributed positively to equity growth.
- Dividend payments of 1,340,500,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 20,506,859,000.
- Other factors increased equity by 23,120,224,053,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.69 Trillion | +7.21% |
| Dividends Paid | $1.34 Trillion | -5.71% |
| Other Comprehensive Income | $-20.51 Billion | -0.09% |
| Other Changes | $23.12 Trillion | +98.56% |
| Total Change | $- | 337005.93% |
Book Value vs Market Value Analysis
This analysis compares NSTAR Electric 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: 0.00x
- 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 3.42x to 0.00x 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 | $80.10 | x |
| 1995-12-31 | $22.97 | $80.10 | x |
| 1996-12-31 | $20.98 | $80.10 | x |
| 1997-12-31 | $19.42 | $80.10 | x |
| 1998-12-31 | $17.95 | $80.10 | x |
| 1999-12-31 | $17.73 | $80.10 | x |
| 2000-12-31 | $16.69 | $80.10 | x |
| 2001-12-31 | $16.44 | $80.10 | x |
| 2002-12-31 | $18.02 | $80.10 | x |
| 2003-12-31 | $18.71 | $80.10 | x |
| 2004-12-31 | $18.79 | $80.10 | x |
| 2005-12-31 | $19.34 | $80.10 | x |
| 2006-12-31 | $18.91 | $80.10 | x |
| 2007-12-31 | $5.29 | $80.10 | x |
| 2008-12-31 | $5.77 | $80.10 | x |
| 2009-12-31 | $6.05 | $80.10 | x |
| 2010-12-31 | $6.22 | $80.10 | x |
| 2011-12-31 | $6.46 | $80.10 | x |
| 2012-12-31 | $6.50 | $80.10 | x |
| 2013-12-31 | $7.11 | $80.10 | x |
| 2014-12-31 | $7.25 | $80.10 | x |
| 2015-12-31 | $7.55 | $80.10 | x |
| 2016-12-31 | $7.73 | $80.10 | x |
| 2017-12-31 | $32.07 | $80.10 | x |
| 2018-12-31 | $10.92 | $80.10 | x |
| 2019-12-31 | $12.16 | $80.10 | x |
| 2020-12-31 | $13.20 | $80.10 | x |
| 2021-12-31 | $14.51 | $80.10 | x |
| 2022-12-31 | $16.54 | $80.10 | x |
| 2023-12-31 | $17.70 | $80.10 | x |
| 2024-12-31 | $19.45 | $80.10 | x |
| 2025-12-31 | $63186.48 | $80.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NSTAR Electric 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): 7.21%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.49%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 2.72x
- Recent ROE (7.21%) is below the historical average (9.54%), suggesting potential challenges in 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 | 1.32% | 0.94% | 0.35x | 3.99x | $-233.33 Million |
| 1997 | -4.20% | -2.75% | 0.37x | 4.15x | $-356.32 Million |
| 1998 | -5.12% | -3.19% | 0.36x | 4.42x | $-355.42 Million |
| 1999 | 2.44% | 1.27% | 0.46x | 4.14x | $-177.08 Million |
| 2000 | -0.61% | -0.25% | 0.58x | 4.31x | $-251.40 Million |
| 2001 | 11.23% | 3.65% | 0.67x | 4.58x | $27.38 Million |
| 2002 | 6.78% | 3.02% | 0.51x | 4.41x | $-75.00 Million |
| 2003 | 5.12% | 2.01% | 0.54x | 4.75x | $-116.06 Million |
| 2004 | 5.06% | 1.83% | 0.57x | 4.83x | $-119.14 Million |
| 2005 | -9.74% | -3.35% | 0.59x | 4.94x | $-502.47 Million |
| 2006 | 16.34% | 6.92% | 0.61x | 3.88x | $184.70 Million |
| 2007 | 11.83% | 8.41% | 0.39x | 3.59x | $33.55 Million |
| 2008 | 11.22% | 8.44% | 0.38x | 3.45x | $24.41 Million |
| 2009 | 11.50% | 9.40% | 0.38x | 3.22x | $31.42 Million |
| 2010 | 11.56% | 10.03% | 0.37x | 3.13x | $33.46 Million |
| 2011 | 11.31% | 10.15% | 0.37x | 3.04x | $29.32 Million |
| 2012 | 8.47% | 8.27% | 0.33x | 3.14x | $-34.36 Million |
| 2013 | 32.00% | 10.77% | 1.06x | 2.81x | $540.36 Million |
| 2014 | 32.70% | 10.59% | 1.06x | 2.93x | $568.89 Million |
| 2015 | 13.20% | 12.85% | 0.35x | 2.91x | $83.60 Million |
| 2016 | 10.96% | 11.44% | 0.32x | 2.98x | $25.53 Million |
| 2017 | 8.91% | 12.75% | 0.21x | 3.27x | $-120.63 Million |
| 2018 | 27.38% | 12.23% | 0.76x | 2.93x | $655.68 Million |
| 2019 | 10.28% | 14.19% | 0.26x | 2.83x | $11.67 Million |
| 2020 | 9.75% | 15.13% | 0.23x | 2.82x | $-11.44 Million |
| 2021 | 9.50% | 15.59% | 0.22x | 2.75x | $-25.03 Million |
| 2022 | 8.57% | 13.74% | 0.24x | 2.63x | $-81.94 Million |
| 2023 | 8.79% | 15.49% | 0.22x | 2.63x | $-74.82 Million |
| 2024 | 9.14% | 17.10% | 0.21x | 2.60x | $-59.53 Million |
| 2025 | 7.21% | 12.49% | 0.21x | 2.72x | $-653.48 Billion |
Industry Comparison
This section compares NSTAR Electric 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: $19,749,720,789
- Average return on equity (ROE) among peers: 9.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NSTAR Electric Company (NSARO) | $22.50 Trillion | 11.30% | 1.74x | $728.99K |
| 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 |
| The Connecticut Light and Power Company (CNTHP) | $2.55 Billion | -9.96% | 3.94x | $506.99K |
| Caribbean Utilities Company Ltd (CUPUF) | $133.72 Million | 17.09% | 1.34x | $224.77 Million |