SOUTHERN CALIFORNIA EDISON Co financial statements
Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data SOUTHERN CALIFORNIA EDISON Co files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2007
FY2009
FY2009
FY2010
FY2011
Operating income
1,741
1,653
1,918
1,864
2,123
Interest expense
429
407
420
429
463
Interest income
44
22
11
7
5
Pre-tax income
1,400
1,246
1,620
1,532
1,745
Income tax
337
342
249
440
601
Net income to minority interests
305
170
94
0
0
Net income
707
683
1,226
1,040
1,085
Balance sheet
FY2007
FY2009
FY2009
FY2010
FY2011
Cash and equivalents
252
1,611
462
257
57
Short-term investments
3
9
Receivables
703
719
715
760
Inventory
365
337
332
350
Other current assets
283
151
81
89
Total current assets
4,202
2,329
2,460
2,612
Property, plant and equipment
953
22,290
24,849
27,642
Other non-current assets
364
322
335
491
Total assets
32,568
32,474
35,906
40,315
Accounts payable
948
1,282
1,271
1,319
Short-term debt
150
250
0
419
Total current liabilities
5,774
3,047
3,315
3,848
Long-term debt
6,212
6,490
7,627
8,431
Other non-current liabilities
902
1,652
1,380
1,529
Total liabilities
24,755
23,759
26,699
30,357
Total debt
6,362
6,740
7,627
8,431
Retained earnings
3,827
4,746
5,572
6,173
Other comprehensive income
-14
-19
-25
-24
Minority interests
380
349
Total equity
7,603
7,813
8,715
9,207
9,958
Total liabilities and equity
32,568
32,474
35,906
40,315
Shares outstanding
435
435
435
435
Cash flow statement
FY2007
FY2009
FY2009
FY2010
FY2011
Net income
1,063
904
1,371
1,092
1,144
Stock-based compensation
18
18
13
17
16
Deferred income tax
-111
131
574
973
852
Change in receivables
214
14
-9
-25
-44
Change in inventory
-51
-74
28
-11
-18
Change in payables
42
-107
43
-166
11
Cash from operations
2,973
1,622
4,069
3,386
3,261
Capital expenditures
-2,286
-2,267
-2,999
-3,780
-4,122
Purchases of investments
-7,069
-3
-7
Cash from investing
-2,366
-2,287
-3,219
-4,094
-4,260
Debt issued
1,500
750
1,135
896
Debt repaid
-207
-3
-154
-259
-14
Cash from financing
-438
2,024
-1,999
503
799
Net change in cash
169
1,359
-1,149
-205
-200
Free cash flow
687
-645
1,070
-394
-861
Key metrics
Worked out from the statements above. Latest values use fiscal 2011. Valuation uses the share price of $16.37 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Effective tax rate
34.4%
Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)
2.8%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Operating income growth, 1y
13.9%
Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y
8.7%
Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y
4.3%
Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y
16.7%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y
-3.7%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y
26.2%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
12.3%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
7.4%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.68x
Current assets / current liabilities.
Quick ratio
0.21x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.01x
(Cash + short-term investments) / current liabilities.
Debt / assets
20.9%
Total debt / total assets.
Liabilities / assets
75.3%
Total liabilities / total assets.
Net debt
$8.37B
Total debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage
4.59x
Operating income / interest expense.
Working capital
-$1.24B
Current assets - current liabilities.
Efficiency
Metric
Value
How it is calculated
FCF conversion
-79.4%
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
126.4%
Capital expenditures / cash from operations, when that is positive.
Market cap + total debt - cash - short-term investments.
P/E
5.81x
Market cap / net income. Only when net income is positive.
P/OCF
1.93x
Market cap / cash from operations, when positive.
EV/EBIT
6.91x
Enterprise value / operating income, when both are positive.
FCF yield
-13.7%
Free cash flow / market cap.
Earnings yield
17.2%
Net income / market cap (the inverse of P/E).
Was SOUTHERN CALIFORNIA EDISON Co profitable in fiscal 2011?
Yes. Net income was $1.09B, a net margin of -.
How much free cash flow did SOUTHERN CALIFORNIA EDISON Co generate in fiscal 2011?
Cash from operations of $3.26B minus capital expenditures of $4.12B left free cash flow of -$861.0M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.