Dayton Power & Light Co (Dayton Power & Light Co) EBIT : $-993.90 Mil (TTM As of Jun. 2016)

View and export this data going back to 2013. Start your Free Trial

What is Dayton Power & Light Co EBIT?

Dayton Power & Light Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2016 was $-829.90 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $-993.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dayton Power & Light Co's annualized ROC % for the quarter that ended in Jun. 2016 was -68.92%. Dayton Power & Light Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2016 was -143.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Dayton Power & Light Co EBIT Historical Data

The historical data trend for Dayton Power & Light 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.

Dayton Power & Light Co EBIT Chart

Dayton Power & Light Co Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

EBIT

Get a 7-Day Free Trial

335.60

185.40

-81.80

199.20

-113.10

Dayton Power & Light Co Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
EBIT	Get a 7-Day Free Trial															42.30	23.20	-238.60	51.40	-829.90

Competitive Comparison of Dayton Power & Light Co's EBIT

For the Utilities - Regulated Electric subindustry, Dayton Power & Light 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.

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

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

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

Dayton Power & Light 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 Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-993.90 Mil.

Dayton Power & Light Co (OTCPK:DAYTP.PFD) EBIT Explanation

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

Dayton Power & Light Co's annualized ROC % for the quarter that ended in Jun. 2016 is calculated as:

	ROC % (Q: Jun. 2016 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2016 )	+	Invested Capital (Q: Jun. 2016 ))	/ count )
=	-3320.4 * ( 1 - 36.36% )	/	( (3496.2	+	2636.2)	/ 2 )
=	-2113.10256	/	3066.2
=	-68.92 %

where

	Invested Capital		(Q: Mar. 2016 )
=	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	))
=	3318.1	-	179.4	-	( 24.8	-	max(0, 731.2	-	373.7	+	24.8	))
=	3496.2

	Invested Capital		(Q: Jun. 2016 )
=	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	))
=	2442	-	165.6	-	( 45.4	-	max(0, 719.3	-	359.5	+	45.4	))
=	2636.2

Note: The Operating Income data used here is four times the quarterly (Jun. 2016) data.

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

Dayton Power & Light Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2016 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2016 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2016		Q: Jun. 2016
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-3319.6	/	( ( (2733.9 + max(14.1, 0))	+	(1872.9 + max(-15.4, 0)) )	/	2 )
=	-3319.6	/	( ( 2748	+	1872.9 )	/	2 )
=	-3319.6	/	2310.45
=	-143.68 %

where Working Capital is:

	Working Capital		(Q: Mar. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(67.7	+	88.8	+	139.9)	-	(179.4	+	0	+	102.9)
=	14.1

	Working Capital		(Q: Jun. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(50.8	+	86.4	+	122.1)	-	(165.6	+	0	+	109.1)
=	-15.4

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2016) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2016 )
	=	-993.9	/	0.000
	=	%

Dayton Power & Light Co EBIT Related Terms

Thank you for viewing the detailed overview of Dayton Power & Light Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Dayton Power & Light Co (Dayton Power & Light Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Dayton Power & Light Co (OTCPK:DAYTP.PFD) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.dpandl.com

Dayton Power & Light Co an Ohio corporation is a public utility incorporated in 1911. The Company sells electricity to residential, commercial, industrial and governmental customers in a 6,000 square mile area of West Central Ohio. Electricity for the Company's 24 county service area is generated at eight coal-fired power plants and is distributed to more than 513,000 retail customers. Principal industries served include automotive, food processing, paper, plastic, manufacturing and defense. It sells any excess energy and capacity into the wholesale market. It also sells electricity to DPLER, an affiliate, to satisfy the electric requirements of its retail customers. The Company's electric transmission and distribution businesses are subject to rate regulation by federal and state regulators while its generation business is not subject to such regulation.

Dayton Power & Light Co (Dayton Power & Light Co) Headlines

No Headlines