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The Connecticut Light & Power Co (The Connecticut Light & Power Co) EBIT : $699.18 Mil (TTM As of Dec. 2019)


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What is The Connecticut Light & Power Co EBIT?

The Connecticut Light & Power Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2019 was $158.73 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2019 was $699.18 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Connecticut Light & Power Co's annualized ROC % for the quarter that ended in Dec. 2019 was 3.64%. The Connecticut Light & Power Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was 6.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Connecticut Light & Power Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was 22.34%.


The Connecticut Light & Power Co EBIT Historical Data

The historical data trend for The Connecticut Light & Power Co's EBIT 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.

The Connecticut Light & Power Co EBIT Chart

The Connecticut Light & Power Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 622.55 686.67 706.35 658.50 699.18

The Connecticut Light & Power Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
EBIT 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 144.77 175.71 169.63 195.11 158.73

Competitive Comparison of The Connecticut Light & Power Co's EBIT

For the Utilities - Regulated Electric subindustry, The Connecticut Light & Power Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


The Connecticut Light & Power Co's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The Connecticut Light & Power Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The Connecticut Light & Power Co's EV-to-EBIT falls into.



The Connecticut Light & Power Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $699.18 Mil.

* 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.


The Connecticut Light & Power Co  (OTCPK:CNPWP.PFD) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

The Connecticut Light & Power Co's annualized ROC % for the quarter that ended in Dec. 2019 is calculated as:

ROC % (Q: Dec. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2019 ) + Invested Capital (Q: Dec. 2019 ))/ count )
=611.032 * ( 1 - 29.88% )/( (11723.304 + 11804.389)/ 2 )
=428.4556384/11763.8465
=3.64 %

where

Invested Capital(Q: Sep. 2019 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=11926.699 - 357.379 - ( 9.286 - max(0, 990.527 - 836.543+9.286))
=11723.304

Note: The Operating Income data used here is four times the quarterly (Dec. 2019) data.

2. Joel Greenblatt's definition of Return on Capital:

The Connecticut Light & Power Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2019  Q: Dec. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=634.9/( ( (9456.562 + max(-38.381, 0)) + (9625.765 + max(-84.354, 0)) )/ 2 )
=634.9/( ( 9456.562 + 9625.765 )/ 2 )
=634.9/9541.1635
=6.65 %

where Working Capital is:

Working Capital(Q: Sep. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(462.752 + 52.209 + 264.085) - (357.379 + 0 + 460.048)
=-38.381

Working Capital(Q: Dec. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(425.504 + 50.7 + 251.791) - (472.491 + 0 + 339.858)
=-84.354

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2019) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

The Connecticut Light & Power Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2019 )
=699.179/3130.090
=22.34 %

* 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.


The Connecticut Light & Power Co EBIT Related Terms

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The Connecticut Light & Power Co (The Connecticut Light & Power Co) Business Description

Traded in Other Exchanges
N/A
Address
107 Selden Street, Berlin, CT, USA, 06037-1616
The Connecticut Light & Power Co is a regulated electric utility that serves residential, commercial and industrial customers in parts of Connecticut. Its business consists of purchase, delivery, and sale of electricity to customers.

The Connecticut Light & Power Co (The Connecticut Light & Power Co) Headlines

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