Baltimore Gas & Electric Co (Baltimore Gas & Electric Co) Debt-to-Equity : 0.78 (As of Jun. 2016)

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What is Baltimore Gas & Electric Co Debt-to-Equity?

Baltimore Gas & Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was $588.00 Mil. Baltimore Gas & Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was $1,692.00 Mil. Baltimore Gas & Electric Co's Total Stockholders Equity for the quarter that ended in Jun. 2016 was $2,930.00 Mil. Baltimore Gas & Electric Co's debt to equity for the quarter that ended in Jun. 2016 was 0.78.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Baltimore Gas & Electric Co's Debt-to-Equity or its related term are showing as below:

BGLEP.PFD's Debt-to-Equity is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 0.86
* Ranked among companies with meaningful Debt-to-Equity only.

Baltimore Gas & Electric Co Debt-to-Equity Historical Data

The historical data trend for Baltimore Gas & Electric Co's Debt-to-Equity 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.

Baltimore Gas & Electric Co Debt-to-Equity Chart

Baltimore Gas & Electric Co Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Debt-to-Equity

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1.03

0.94

0.84

0.81

Baltimore Gas & Electric Co Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Debt-to-Equity	Get a 7-Day Free Trial															0.77	0.78	0.81	0.77	0.78

Competitive Comparison of Baltimore Gas & Electric Co's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Baltimore Gas & Electric Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Baltimore Gas & Electric Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Baltimore Gas & Electric Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Baltimore Gas & Electric Co's Debt-to-Equity falls into.

Baltimore Gas & Electric Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Baltimore Gas & Electric Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(588	+	1732)	/	2877
	=	0.81

Baltimore Gas & Electric Co's Debt to Equity Ratio for the quarter that ended in Jun. 2016 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(588	+	1692)	/	2930
	=	0.78

Baltimore Gas & Electric Co (OTCPK:BGLEP.PFD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Baltimore Gas & Electric Co Debt-to-Equity Related Terms

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Baltimore Gas & Electric Co (Baltimore Gas & Electric Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Baltimore Gas & Electric Co (OTCPK:BGLEP.PFD) » Definitions » Debt-to-Equity

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Baltimore Gas and Electric Company is a Maryland Corporation. It is an electric transmission and distribution utility company and a gas distribution utility company with a service territory that covers the City of Baltimore and all or part of ten counties in central Maryland. It is regulated by the Maryland PSC and Federal Energy Regulatory Commission (FERC) with respect to rates and other aspects of its business. The Company's electric service territory includes an area of approximately 2,300 square miles. There are no municipal or cooperative wholesale customers within BGE's service territory. The Company's gas service territory includes an area of approximately 800 square miles. The Company's electric and gas revenues come from many customers -residential, commercial, and industrial.

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