NOPAT means cash adjusted net operating profits after taxes for the Plan Year, calculated as follows:
NOPAT means the Company’s Net Income plus tax effected interest expense plus preferred stock dividends.
Examples of NOPAT in a sentence
Economic Value Added, equal to the difference between NOPAT (net operating profit after taxes) and the cost of capital.
Certain adjustments are necessary to determine NOPAT and Capital.
ROIC: NOPAT for the last 12 months divided by average invested capital.
ROIC is defined as tax-effected adjusted operating profit (NOPAT), utilizing an estimated 30% effective tax rate, divided by average invested capital for the period.
Economic Value Added, equal to the difference between NOPAT (net operating profit after tax) and the cost of capital.
More Definitions of NOPAT
NOPAT means the after tax cash earnings attributable to the capital employed in the Participating Group for the year in question. The components of NOPAT are as follows:
NOPAT means the Company’s net operating profit after tax, as determined by the Committee from the Company’s audited financial statements.
NOPAT is defined as operating income minus Cash Tax Paid. “Cash Tax Paid” is defined as income taxes as reflected on the income statement minus deferred taxes as reflected on the cash flow statement. “Average Invested Capital” is defined as the average of the beginning and ending Invested Capital during the year. “Invested Capital” is defined as capital lease obligations, plus short and long term debt plus total stockholders’ equity minus an amount equal to cash and cash equivalents. Invested Capital shall exclude investment amounts associated with aircraft acquisition until the first time that such aircraft is flown under a customer contract at which time all amounts accrued with respect to such aircraft shall be considered in the Average Invested Capital calculation from such date. Invested Capital shall be reduced by the amount of any investments held in the Company’s direct or indirect debt securities that remain outstanding and that have not otherwise been defeased.
NOPAT means net income plus after-tax financing expense.
NOPAT means, with respect to an EVA Business Unit for a fiscal year, the net operating profit after taxes for such fiscal year, as determined by the Chief Financial Officer with the concurrence of the Committee.
NOPAT means the net operating income before financing costs, reduced by income taxes charged at the year’s effective tax rate.