CFC specializes in providing enduring financial solutions for extensive electrical infrastructure, covering everything from power distribution networks to energy generation facilities. Furthermore, ...
National Rural Utilities Cooperative Finance Corporation (CFC), traded as NRUC on the NYSE, is a member-owned nonprofit finance cooperative created by America’s electric cooperative network. Its core business is providing long-term and emergency credit solutions to rural electric utilities, typically backed by the credit quality and stability of the cooperatives ...
National Rural Utilities Cooperative Finance Corporation (CFC), traded as NRUC on the NYSE, is a member-owned nonprofit finance cooperative created by America’s electric cooperative network. Its core business is providing long-term and emergency credit solutions to rural electric utilities, typically backed by the credit quality and stability of the cooperatives and the essential nature of electric service. The economic rationale is not equity-like growth driven by discretionary demand; rather, CFC’s value comes from durable relationships, prudent underwriting, and consistent access to funding markets via cooperative structure. From the provided financial snapshot (TTM), the dataset shows unusually low/near-zero ratios for valuation multiples (e.g., P/E and P/S at/near 0), and several balance-sheet liquidity metrics that look distressed (e.g., current ratio ~0.112; working capital strongly negative). However, these signals are not necessarily reflective of operating fragility in a lender/finance cooperative; financial cooperatives frequently run with negative working capital due to lending/borrowing structure and timing of receivables/payables. Profitability metrics in the snapshot show high net/operating margin figures (net margin/pretax/operating margins near ~0.62–0.64) while return on equity is ~0.084 and ROA is ~0.007—again consistent with a leveraged capital structure where earnings are generated on a relatively small equity base. Leverage appears elevated: debt-to-equity is ~10.18 and financial leverage ~12.07. Yet, other measures (e.g., interest coverage at/near zero in the dataset) may be distorted by the limitations of the supplied fields (e.g., zeros/near-zeros for certain denominators). Operationally, the most decision-relevant fundamental point is credit performance and funding stability. Third-party commentary provided (including references to an A+ level for senior secured debt and a history of no missed obligations) suggests that investors should focus on CFC’s ability to maintain strong credit ratings and liquidity buffers, since the majority of risk is driven by credit losses in utility loan portfolios and access to capital during stress. Given the limited/partially inconsistent metrics provided and missing core statements (balance sheet, income statement, cash flow data are empty in the upload), this analysis relies heavily on the qualitative cooperative model and the credit/rating narrative. For long-term investors, CFC’s fundamentals likely remain tied to utility sector resilience, the stability of rural power demand, and continued market access, with returns reflecting a regulated/essential infrastructure borrower base rather than rapid growth.
총이익률, 영업이익률, 순이익률이 전년 대비 어떻게 바뀌었는지 보여줍니다.
| 지표 | 현재 | 이전 | 전년 대비전년 동기 대비 변화: 현재 분기와 전년 동기 분기를 비교합니다. | 전분기 대비전분기 대비 변화: 현재 분기와 직전 분기를 비교합니다. | 신호 |
|---|---|---|---|---|---|
| 매출 | — | — | — | — | 보합 |
| 희석 EPS | — | — | — | — | 보합 |
| 잉여현금흐름 | — | — | — | — | 보합 |
| 지표 | 현재 | 이전 | 전년 대비전년 동기 대비 변화: 현재 분기와 전년 동기 분기를 비교합니다. | 전분기 대비전분기 대비 변화: 현재 분기와 직전 분기를 비교합니다. | 신호 |
|---|---|---|---|---|---|
| 순이익률 | — | 83.03% | — | — | 보합 |
| 영업이익률 | — | 84.71% | — | — | 보합 |
| ROE | — | — | — | — | 보합 |
| 지표 | 현재 | 이전 | 전년 대비전년 동기 대비 변화: 현재 분기와 전년 동기 분기를 비교합니다. | 전분기 대비전분기 대비 변화: 현재 분기와 직전 분기를 비교합니다. | 신호 |
|---|---|---|---|---|---|
| 유동비율 | — | 0.112 | — | — | 보합 |
| 당좌비율 | — | 0.112 | — | — | 보합 |
| 부채 / 자본 | — | 10.182 | — | — | 보합 |
| 지표 | 현재 | 이전 | 전년 대비전년 동기 대비 변화: 현재 분기와 전년 동기 분기를 비교합니다. | 전분기 대비전분기 대비 변화: 현재 분기와 직전 분기를 비교합니다. | 신호 |
|---|---|---|---|---|---|
| P/E | — | 0.00x | — | — | 보합 |
| P/B | — | 0.00x | — | — | 보합 |
