Baltimore Gas & Electric Co (Baltimore Gas & Electric Co) ROCE % : 2.45% (As of Jun. 2016)

View and export this data going back to 1995. Start your Free Trial

What is Baltimore Gas & Electric Co 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. Baltimore Gas & Electric Co's annualized ROCE % for the quarter that ended in Jun. 2016 was 2.45%.

Baltimore Gas & Electric Co ROCE % Historical Data

The historical data trend for Baltimore Gas & Electric Co'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.

Baltimore Gas & Electric Co ROCE % Chart

Baltimore Gas & Electric Co Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

ROCE %

Get a 7-Day Free Trial

5.47

2.39

6.87

6.39

7.99

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
ROCE %	Get a 7-Day Free Trial															4.53	6.22	8.28	9.51	2.45

Baltimore Gas & Electric Co ROCE % Calculation

Baltimore Gas & Electric Co's annualized ROCE % for the fiscal year that ended in Dec. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	576	/	( ( (8056 - 794)	+	(8295 - 1134) )	/ 2 )
	=	576	/	( (7262	+	7161)	/ 2 )
	=	576	/	7211.5
	=	7.99 %

Baltimore Gas & Electric Co's ROCE % of for the quarter that ended in Jun. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2016 )		(Q: Mar. 2016 )		(Q: Jun. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2016 )		(Q: Mar. 2016 )		(Q: Jun. 2016 )
	=	176	/	( ( (8361 - 1138)	+	(8325 - 1165) )	/ 2 )
	=	176	/	( ( 7223	+	7160 )	/ 2 )
	=	176	/	7191.5
	=	2.45 %

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

Baltimore Gas & Electric Co (OTCPK:BGLEP.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.

Baltimore Gas & Electric Co ROCE % Related Terms

Thank you for viewing the detailed overview of Baltimore Gas & Electric Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

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 » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

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.

Baltimore Gas & Electric Co (Baltimore Gas & Electric Co) Headlines

No Headlines