/ Medians

Retail Electric Benchmarks


2005

2006

2007

2008

2009

Sample Size

494

485

491

509

472

Current Ratio

2.58

2.68

2.88

2.85

2.77

Accounts Receivable Pct

11.1

10.6

10.7

10.7

10.4

Days Cash on Hand

93.0

89.4

98.0

83.8

97.2

Working Capital Pct

12.1

12.1

12.3

12.6

11.7

Quick Ratio

1.95

1.96

2.04

2.00

2.07

Avg Age Net Fixed Assets (yrs)

13.7

13.9

14.1

14.2

14.4

Cashflow / Debt Pct

19.7

20.8

22.8

19.8

19.2

Long Term Debt to Net Fix Asts

0.35

0.36

0.36

0.34

0.33

Non Operating Rev Pct

1.6

2.2

2.8

2.0

1.3

Current Debt Serv Cov

2.70

2.85

2.89

2.68

2.54

Operating Margin

8.53

8.68

8.92

8.18

7.56

Profit Margin

6.66

8.11

8.22

7.33

6.19

Return on Equity

5.8

6.9

7.2

6.5

5.1

Return on Assets

3.1

3.7

4.1

3.7

3.0

Residential Sales Pct

33.2

33.3

33.8

33.8

33.2

Commerc/Indust Sales Pct

58.9

59.3

59.0

59.0

59.7

Public Use Sales Pct

1.3

1.3

1.1

1.1

1.2

Resale Sales Pct

0.0

0.0

0.0

0.0

0.0

Cost to KWh

6.3717

6.8057

7.2265

7.6425

8.0337

Revenues to KWh Ratio

7.0544

7.4659

7.8498

8.0732

9.0312