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Great Plains Energy (Great Plains Energy) Return-on-Tangible-Equity : 2.93% (As of Mar. 2018)


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What is Great Plains Energy Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Great Plains Energy's annualized net income for the quarter that ended in Mar. 2018 was $140.00 Mil. Great Plains Energy's average shareholder tangible equity for the quarter that ended in Mar. 2018 was $4,784.30 Mil. Therefore, Great Plains Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2018 was 2.93%.

The historical rank and industry rank for Great Plains Energy's Return-on-Tangible-Equity or its related term are showing as below:

GXPPL.PFD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.66   Med: 6.38   Max: 7.76
Current: -1.59

During the past 13 years, Great Plains Energy's highest Return-on-Tangible-Equity was 7.76%. The lowest was -2.66%. And the median was 6.38%.

GXPPL.PFD's Return-on-Tangible-Equity is not ranked
in the Utilities - Regulated industry.
Industry Median: 10.66 vs GXPPL.PFD: -1.59

Great Plains Energy Return-on-Tangible-Equity Historical Data

The historical data trend for Great Plains Energy's Return-on-Tangible-Equity 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.

Great Plains Energy Return-on-Tangible-Equity Chart

Great Plains Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.63 7.14 6.10 6.09 -1.97

Great Plains Energy Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.64 -0.48 0.78 -8.21 2.93

Competitive Comparison of Great Plains Energy's Return-on-Tangible-Equity

For the Utilities - Regulated Electric subindustry, Great Plains Energy's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Great Plains Energy's Return-on-Tangible-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Great Plains Energy's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Great Plains Energy's Return-on-Tangible-Equity falls into.



Great Plains Energy Return-on-Tangible-Equity Calculation

Great Plains Energy's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=-106.2/( (5993+4795.8 )/ 2 )
=-106.2/5394.4
=-1.97 %

Great Plains Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=140/( (4795.8+4772.8)/ 2 )
=140/4784.3
=2.93 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Great Plains Energy  (OTCPK:GXPPL.PFD) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Great Plains Energy Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Great Plains Energy's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Great Plains Energy (Great Plains Energy) Business Description

Traded in Other Exchanges
N/A
Address
Great Plains Energy is the holding company of Kansas City Power & Light and Greater Missouri Operations. The two regulated utilities provide electric service to roughly 900,000 customers in the Kansas City area and nearby western Missouri and eastern Kansas. The company has about 6.5 gigawatts of generating capacity. More than 80% of its electricity generation is from coal-fired plants, approximately 15% comes from its co-owned Wolf Creek nuclear plant, and the remainder is from gas, oil, and wind farms.

Great Plains Energy (Great Plains Energy) Headlines

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