GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Great Plains Energy Inc (NYSE:GXPPRACL.PFD) » Definitions » ROCE %

Great Plains Energy (Great Plains Energy) ROCE % : 3.14% (As of Mar. 2018)


View and export this data going back to 1972. Start your Free Trial

What is Great Plains Energy ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Great Plains Energy's annualized ROCE % for the quarter that ended in Mar. 2018 was 3.14%.


Great Plains Energy ROCE % Historical Data

The historical data trend for Great Plains Energy's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Great Plains Energy ROCE % Chart

Great Plains Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.71 5.94 5.56 5.65 3.58

Great Plains Energy Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.43 3.19 4.19 3.37 3.14

Great Plains Energy ROCE % Calculation

Great Plains Energy's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=415.3/( ( (13570 - 1384.8) + (12457.9 - 1448.8) )/ 2 )
=415.3/( (12185.2+11009.1)/ 2 )
=415.3/11597.15
=3.58 %

Great Plains Energy's ROCE % of for the quarter that ended in Mar. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=350.4/( ( (12457.9 - 1448.8) + (12448.4 - 1150) )/ 2 )
=350.4/( ( 11009.1 + 11298.4 )/ 2 )
=350.4/11153.75
=3.14 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2018) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Great Plains Energy  (NYSE:GXPPRACL.PFD) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Great Plains Energy ROCE % Related Terms

Thank you for viewing the detailed overview of Great Plains Energy's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Great Plains Energy (Great Plains Energy) Business Description

Traded in Other Exchanges
N/A
Address
Great Plains Energy is the holding company of Kansas City Power & Light and Greater Missouri Operations. The two regulated utilities provide electric service to roughly 900,000 customers in the Kansas City area and nearby western Missouri and eastern Kansas. The company has about 6.5 gigawatts of generating capacity. More than 80% of its electricity generation is from coal-fired plants, approximately 15% comes from its co-owned Wolf Creek nuclear plant, and the remainder is from gas, oil, and wind farms.

Great Plains Energy (Great Plains Energy) Headlines

From GuruFocus

Great Plains Energy Inc. (GXP) CFO James C Shay buys 1,250 Shares

By GuruFocus Research GuruFocus Editor 08-20-2010

Great Plains Energy Inc. (GXP) CFO James C Shay buys 1,250 Shares

By GuruFocus Research GuruFocus Editor 11-04-2010