Mississippi Power Co (Mississippi Power Co) ROCE % : 2.43% (As of Jun. 2018)

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What is Mississippi 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. Mississippi Power Co's annualized ROCE % for the quarter that ended in Jun. 2018 was 2.43%.

Mississippi Power Co ROCE % Historical Data

The historical data trend for Mississippi 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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Mississippi Power Co ROCE % Chart

Mississippi Power Co Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

ROCE %

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-16.85

-11.50

-1.33

-1.23

-60.95

Mississippi Power Co Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
ROCE %	Get a 7-Day Free Trial															-243.72	8.47	-20.73	11.92	2.43

Mississippi Power Co ROCE % Calculation

Mississippi Power Co's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	-3078	/	( ( (8235 - 1538)	+	(4866 - 1463) )	/ 2 )
	=	-3078	/	( (6697	+	3403)	/ 2 )
	=	-3078	/	5050
	=	-60.95 %

Mississippi Power Co's ROCE % of for the quarter that ended in Jun. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2018 )		(Q: Mar. 2018 )		(Q: Jun. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2018 )		(Q: Mar. 2018 )		(Q: Jun. 2018 )
	=	324	/	( ( (24317 - 1545)	+	(4653 - 705) )	/ 2 )
	=	324	/	( ( 22772	+	3948 )	/ 2 )
	=	324	/	13360
	=	2.43 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2018) EBIT data.

Mississippi Power Co (NYSE:MPpD.CL.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.

Mississippi Power Co ROCE % Related Terms

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Mississippi Power Co (Mississippi Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Mississippi Power Co (NYSE:MPpD.CL.PFD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.mississippipower.com

Mississippi Power Co operates as a vertically integrated utility providing electricity to retail customers within its traditional service territory located within the State of Mississippi and to wholesale customers in the Southeast.

Executives

Anthony L Wilson	officer: Executive Vice President	30 IVAN ALLEN JR. BLVD, ATLANTA GA 30308
G Edison Holland	officer: President & CEO	270 PEACHTREE ST NW BIN 910, ATLANTA GA 30303
Iv Edward Day,	officer: President and CEO	30 IVAN ALLEN JR. BLVD, ATLANTA GA 30308
Royce Cumbest	director	3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Carl J Chaney	director	146 LAKE TRIAL, FLORA MS 39071
Christine L Smilek	director	P O BOX 4019, GULFPORT MS 39502
Hood Warren A Jr	director	623 MAIN STREET, HATTIESBURG MS 39401
Anthony J Topazi	director, officer: President and CEO	P O BOX 4079, GULFPORT MS 395024079

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