The Connecticut Light & Power Co (The Connecticut Light & Power Co) ROCE % : 5.71% (As of Dec. 2019)

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What is The Connecticut Light & Power 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. The Connecticut Light & Power Co's annualized ROCE % for the quarter that ended in Dec. 2019 was 5.71%.

The Connecticut Light & Power Co ROCE % Historical Data

The historical data trend for The Connecticut Light & Power 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.

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The Connecticut Light & Power Co ROCE % Chart

The Connecticut Light & Power Co Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

ROCE %

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7.36

7.77

7.61

6.60

6.43

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
ROCE %	Get a 7-Day Free Trial															5.64	6.65	6.34	7.21	5.71

The Connecticut Light & Power Co ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	699.18	/	( ( (11409.719 - 983.443)	+	(12185.191 - 876.149) )	/ 2 )
	=	699.18	/	( (10426.276	+	11309.042)	/ 2 )
	=	699.18	/	10867.659
	=	6.43 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2019 )		(Q: Sep. 2019 )		(Q: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2019 )		(Q: Sep. 2019 )		(Q: Dec. 2019 )
	=	634.9	/	( ( (11926.699 - 990.527)	+	(12185.191 - 876.149) )	/ 2 )
	=	634.9	/	( ( 10936.172	+	11309.042 )	/ 2 )
	=	634.9	/	11122.607
	=	5.71 %

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

The Connecticut Light & Power Co (OTCPK:CNPWP.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.

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

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » The Connecticut Light & Power Co (OTCPK:CNPWP.PFD) » Definitions » ROCE %

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Address

107 Selden Street, Berlin, CT, USA, 06037-1616

Website

https://www.eversource.com

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.

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