Dayton Power & Light Co (Dayton Power & Light Co) ROCE % : -154.06% (As of Jun. 2016)

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What is Dayton Power & Light 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. Dayton Power & Light Co's annualized ROCE % for the quarter that ended in Jun. 2016 was -154.06%.

Dayton Power & Light Co ROCE % Historical Data

The historical data trend for Dayton Power & Light 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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Dayton Power & Light Co ROCE % Chart

Dayton Power & Light Co Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

ROCE %

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10.26

6.27

-2.88

6.32

-3.88

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
ROCE %	Get a 7-Day Free Trial															5.64	3.42	-37.77	7.96	-154.06

Dayton Power & Light Co ROCE % Calculation

Dayton Power & Light 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 )
	=	-113.1	/	( ( (3577.8 - 332.9)	+	(3359.6 - 780.7) )	/ 2 )
	=	-113.1	/	( (3244.9	+	2578.9)	/ 2 )
	=	-113.1	/	2911.9
	=	-3.88 %

Dayton Power & Light 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 )
	=	-3319.6	/	( ( (3318.1 - 731.2)	+	(2442 - 719.3) )	/ 2 )
	=	-3319.6	/	( ( 2586.9	+	1722.7 )	/ 2 )
	=	-3319.6	/	2154.8
	=	-154.06 %

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

Dayton Power & Light Co (OTCPK:DAYTP.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.

Dayton Power & Light Co ROCE % Related Terms

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

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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.

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