Xcel Energy Inc.
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Xcel Energy Inc. Financial Snapshot
Operating Performance
Fast Facts
414 Nicollet Mall, Minneapolis, The company reported revenues of US$10,310.95
Headquarters Address
55401,United States of America million during 2010, with a CAGR of 1.17% during
2006–2010. Its revenue grew at an annual rate of
Telephone + 1 612 3305500
6.91% over the previous fiscal year. In 2010, the
company recorded an operating margin of 15.95%, as
Fax + 1 612 3305878 against 15.23% in 2009.
Website www.xcelenergy.com
Revenue and Margins
Ticker Symbol, Stock Exchange XEL, New York Stock Exchange
Number of Employees 11,290
Fiscal Year End December
Revenue (in US$ million) 10,310.95
SWOT Analysis
Strengths Weaknesses Return on Equity
Growth in top-line performance Dependency on thermal fuel sources The company recorded a return on equity (ROE) of
9.23% for 2010, as compared to its peers, CMS
Energy Corporation (Ticker: CMS), Wisconsin Energy
Strong customer base Reliance on few suppliers Corporation (Ticker: WEC) and DTE Energy
Company (Ticker: DTE), which recorded ROEs of
Vertically integrated structure 12.17%, 11.91% and 9.37% respectively. The
company reported an operating margin of 15.95% in
2010.
Opportunities Threats
Long-term US Energy outlook Increasing coal and gas prices Return on Equity
New projects Increasing competition
Stringent environmental laws and
Smart grid
regulations
Liquidity Position
The company reported a current ratio of 1.08 in 2010,
as compared to its peers, CMS Energy Corporation,
Wisconsin Energy Corporation and DTE Energy
Company, which recorded current ratios of 1.37, 0.77
and 1.15 respectively. As of December 2010, the
company recorded cash and short-term investments
of worth US$108.44 million, against US$55.41 million
current debt. The company reported a debt to equity
ratio of 1.19 in 2010 as compared to its peers, CMS
Energy Corporation, Wisconsin Energy Corporation
and DTE Energy Company, which recorded debt to
equity ratios of 2.64, 1.32 and 1.21 respectively.
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Xcel Energy Inc. - SWOT Profile Page 1
Xcel Energy Inc.
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................6
1.4 Key Financial Performance Indicators ...................................................................................................................7
1.4.1 Revenue and Operating Profit ...........................................................................................................................7
1.4.2 Asset, Liabilities and Capex ...............................................................................................................................8
1.4.3 Net Debt vs. Gearing Ratio ................................................................................................................................9
1.4.4 Operational Efficiency ......................................................................................................................................10
1.4.5 Solvency ..........................................................................................................................................................11
1.4.6 Valuation ..........................................................................................................................................................12
1.5 Competitive Benchmarking ..................................................................................................................................13
1.5.1 Market Capitalization .......................................................................................................................................13
1.5.2 Efficiency ..........................................................................................................................................................14
1.5.3 Capital Expenditure ..........................................................................................................................................15
1.5.4 Valuation ..........................................................................................................................................................16
1.5.5 Turnover – Inventory and Asset .......................................................................................................................17
1.5.6 Liquidity ............................................................................................................................................................18
2 Mergers & Acquisitions and Partnerships ........................................................................................... 19
2.1 M&A and Partnerships Strategy ...........................................................................................................................19
3 Recent Developments ........................................................................................................................... 22
4 SWOT Analysis ..........................................................................................