New England Power Company PFD 6%
New England Power Company operates electric transmission facilities in Massachusetts, New Hampshire, Rhode Island, Maine, and Vermont. The company is based in Waltham, Massachusetts. New England Power Company operates as a subsidiary of National Grid USA.
New England Power Company PFD 6% (NEWEN) - Total Assets
Latest total assets as of June 2005: $2.97 Billion USD
Based on the latest financial reports, New England Power Company PFD 6% (NEWEN) holds total assets worth $2.97 Billion USD as of June 2005.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
New England Power Company PFD 6% - Total Assets Trend (2003–2005)
This chart illustrates how New England Power Company PFD 6%’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
New England Power Company PFD 6% - Asset Composition Analysis
Current Asset Composition (March 2005)
New England Power Company PFD 6%'s total assets of $2.97 Billion consist of 21.3% current assets and 78.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.6% |
| Accounts Receivable | $149.28 Million | 5.6% |
| Inventory | $3.56 Million | 0.1% |
| Property, Plant & Equipment | $750.26 Million | 28.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $338.19 Million | 12.6% |
Asset Composition Trend (2003–2005)
This chart illustrates how New England Power Company PFD 6%'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: New England Power Company PFD 6%'s current assets represent 21.3% of total assets in 2005, an increase from 18.3% in 2003.
- Cash Position: Cash and equivalents constituted 11.6% of total assets in 2005, up from 8.5% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 11.0% in 2003.
- Asset Diversification: The largest asset category is property, plant & equipment at 28.0% of total assets.
New England Power Company PFD 6% Competitors by Total Assets
Key competitors of New England Power Company PFD 6% based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT
|
Germany | €698.14 Million |
|
TV BROADCAST
MU:TBCN
|
Germany | €6.25 Billion |
|
FIRST CITIZENS BC A
BE:FC6A
|
Germany | €220.57 Billion |
|
COSTCO WHSL
MU:CTO
|
Germany | €69.83 Billion |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
Germany | €1.73 Trillion |
|
BURCKHARDT COMPRE N
MU:B5H
|
Germany | €1.07 Billion |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
USA | $886.19 Million |
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
New England Power Company PFD 6% - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - New England Power Company PFD 6% generates 0.17x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, New England Power Company PFD 6% generates $ 2.87 in net profit.
New England Power Company PFD 6% - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.17 | 2.73 | 2.73 |
| Quick Ratio | 3.15 | 2.72 | 2.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $508.85 Million | $ 348.43 Million | $ 348.43 Million |
New England Power Company PFD 6% - Advanced Valuation Insights
This section examines the relationship between New England Power Company PFD 6%'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -3.1% |
| Total Assets | $2.68 Billion |
| Market Capitalization | $1.18 Million USD |
Valuation Analysis
Below Book Valuation: The market values New England Power Company PFD 6%'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: New England Power Company PFD 6%'s assets decreased by 3.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for New England Power Company PFD 6% (2003–2005)
The table below shows the annual total assets of New England Power Company PFD 6% from 2003 to 2005.
| Year | Total Assets | Change |
|---|---|---|
| 2005-03-31 | $2.68 Billion | -3.13% |
| 2004-03-31 | $2.76 Billion | -5.43% |
| 2003-03-31 | $2.92 Billion | -- |