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Other concepts:

Capital employed Is the total amount of capital used for


the acquisition of profits by a firm or
project.
Ebit: Is a measure of a firm's profit that
Earnings before interest, taxes, includes all incomes and expenses
depreciation and amortization (operating and non-operating) except
interest expenses and income tax
expenses.
Ebitda: Is a measure of a company's operating
Earnings before interest, taxes, performance. Essentially, it's a way to
depreciation and amortization evaluate a company's performance
without having to factor in financing
decisions, accounting decisions or tax
environments.
Ebitdal: Is a measure of a company's operating
Earings before interest, axes, performance.
depreciation, amortization and leasing
Nopat: Is earnings before interest and taxes
Net operating profit after taxes (EBIT) adjusted for the impact of taxes.
Gopat: Is a measure of profit that excludes the
Gross operating profit after taxes costs and tax benefits of debt
financing. Put another way, NOPAT is
earnings before interest
and taxes (EBIT) adjusted for the
impact of taxes.
Free cash flow Represents cash a company can
generate after accounting for capital
expenditures needed to maintain or
maximize its asset
Economic profit Is the difference between the revenue
received from the sale of an output and
the opportunity cost of the inputs used.
In calculatingeconomic profit,
opportunity costs are deducted from
revenues earned.
Economic value added (EVA) Is a measure of a company's financial
performance based on the residual
wealth calculated by deducting its cost
of capital from its operating profit,
adjusted for taxes on a cash basis.
Market value added (MVA) Is a financial calculation that measures
the capital that investors have
contributed to a company in excess of
the market
Working capital The capital of a business which is used
in its day-to-day trading operations,
calculated as the current assets minus
the current liabilities.
Net working capital Is the difference between a company's
current assets and current liabilities. A
positive net working capital indicates a
company has sufficient funds to meet
its current financial obligations and
invest in other activities.

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