Baltimore Gas & Electric Co (Baltimore Gas & Electric Co) Effective Interest Rate on Debt % : 0.70% (As of Jun. 2016)

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What is Baltimore Gas & Electric Co Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Baltimore Gas & Electric Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2016 was $16.00 Mil. Baltimore Gas & Electric Co's average total debt for the quarter that ended in Jun. 2016 was $2,270.50 Mil. Therefore, Baltimore Gas & Electric Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2016 was 0.70%.

Baltimore Gas & Electric Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Baltimore Gas & Electric Co's Effective Interest Rate on Debt % 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.

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Baltimore Gas & Electric Co Effective Interest Rate on Debt % Chart

Baltimore Gas & Electric Co Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Effective Interest Rate on Debt %

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5.73

6.01

5.04

4.50

4.28

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
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.73	4.57	4.59	0.70	0.70

Competitive Comparison of Baltimore Gas & Electric Co's Effective Interest Rate on Debt %

For the Utilities - Regulated Electric subindustry, Baltimore Gas & Electric Co's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Baltimore Gas & Electric Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Baltimore Gas & Electric Co's Effective Interest Rate on Debt % falls into.

Baltimore Gas & Electric Co Effective Interest Rate on Debt % Calculation

Baltimore Gas & Electric Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2014 )	+	Total Debt (A: Dec. 2015 ))	/ count )
=	-1 * -99	/	( (2304	+	2320)	/ 2 )
=	-1 * -99	/	2312
=	4.28 %

where

	Total Debt (A: Dec. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2109	+	195
=	2304

	Total Debt (A: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1732	+	588
=	2320

Baltimore Gas & Electric Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2016 )	+	Total Debt (Q: Jun. 2016 ))	/ count )
=	-1 * -16	/	( (2261	+	2280)	/ 2 )
=	-1 * -16	/	2270.5
=	0.70 %

where

	Total Debt (Q: Mar. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1733	+	528
=	2261

	Total Debt (Q: Jun. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1692	+	588
=	2280

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Jun. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Baltimore Gas & Electric Co (OTCPK:BGLEP.PFD) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Baltimore Gas & Electric Co Effective Interest Rate on Debt % Related Terms

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

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Baltimore Gas & Electric Co (OTCPK:BGLEP.PFD) » Definitions » Effective Interest Rate on Debt %

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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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