FPL Group Capital Trust I (FPL Group Capital Trust I) ROCE % : 0.00% (As of . 20)

View and export this data going back to 2004. Start your Free Trial

What is FPL Group Capital Trust I 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. FPL Group Capital Trust I's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

FPL Group Capital Trust I ROCE % Historical Data

The historical data trend for FPL Group Capital Trust I'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.

FPL Group Capital Trust I ROCE % Chart

FPL Group Capital Trust I Annual Data

Trend

ROCE %

FPL Group Capital Trust I Quarterly Data

ROCE %

FPL Group Capital Trust I ROCE % Calculation

FPL Group Capital Trust I's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

FPL Group Capital Trust I's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

FPL Group Capital Trust I (NYSE:NEEPRCCL.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.

FPL Group Capital Trust I ROCE % Related Terms

Thank you for viewing the detailed overview of FPL Group Capital Trust I's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

FPL Group Capital Trust I (FPL Group Capital Trust I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » FPL Group Capital Trust I (NYSE:NEEPRCCL.PFD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

FPL Group Capital Trust I (FPL Group Capital Trust I) Headlines

No Headlines