Nstar Electric Debt-to-Equity Ratio Growth & History (NSARO)
Nstar Electric's debt-to-equity ratio was 0.81 for fiscal 2025.
View full Nstar Electric company overviewNstar Electric annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.81 | 0.01 | +1.21% |
| 2024 | 2024-12-31 | 0.80 | 0.02 | +2.49% |
| 2023 | 2023-12-31 | 0.79 | 0.01 | +1.91% |
| 2022 | 2022-12-31 | 0.77 | — | — |
| 2011 | 2011-12-31 | 0.62 | −0.30 | −32.30% |
| 2010 | 2010-12-31 | 0.92 | — | — |
Nstar Electric quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | 0.74 | −0.14 | −16.09% |
| Q4 2025 | 2025-12-31 | 0.81 | — | — |
| Q3 2025 | 2025-09-30 | 0.89 | — | — |
| Q2 2025 | 2025-06-30 | 0.91 | — | — |
| Q1 2025 | 2025-03-31 | 0.88 | — | — |
| Q1 2012 | 2012-03-31 | 0.65 | — | — |
| Q4 2011 | 2011-12-31 | 0.62 | −0.30 | −32.30% |
| Q3 2011 | 2011-09-30 | 0.78 | — | — |
| Q2 2011 | 2011-06-30 | 0.86 | — | — |
| Q4 2010 | 2010-12-31 | 0.92 | — | — |
Nstar Electric debt-to-equity ratio trends
Between the periods ended 2010-12-31 and 2025-12-31, Nstar Electric's debt-to-equity ratio decreased from 0.92 to 0.81, a change of −0.10. The latest reported quarter, Q1 2026, shows 0.74.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nstar Electric source filings ↗