Return on Equity Capital definition
Return on Equity Capital for any fiscal year means the percentage determined by dividing DFC's consolidated net income after all taxes determined in accordance with GAAP for such fiscal year by Equity Capital for such preceding December 31; provided that such calculation shall be adjusted as set forth in the immediately succeeding sentence. If DFC sells securities constituting Equity Capital during the fiscal year, Equity Capital shall be increased by the net proceeds to DFC (after expenses) of such sale multiplied by a fraction the numerator of which shall be the number of days in such fiscal year which had elapsed from the date of the closing of such sale to the end of such fiscal year and the denominator of which shall be 365.
Return on Equity Capital for any fiscal year means the percentage determined by dividing FFCC's consolidated net income after all taxes determined in accordance with GAAP for such fiscal year by Equity Capital for such preceding December 31; provided that such calculation shall be adjusted as set forth in the immediately succeeding sentence. If FFCC sells its equity securities during the fiscal year, Equity Capital shall be increased by the net proceeds to FFCC (after expenses) of such sale multiplied by a fraction the numerator of which shall be the number of days in such fiscal year which had elapsed on the date of the closing of such sale and the denominator of which shall be 365.
Return on Equity Capital for any fiscal year means the percentage determined by dividing DFC's consolidated net income after all taxes
Examples of Return on Equity Capital in a sentence
The Borrower shall cause the Bank at all times to maintain an annual (Return on Equity Capital of not less than 10 percent (10%).
The Borrower shall cause the Bank to at ------------------------ all times maintain an annual Return on Equity Capital of not less than ten percent (10%).
More Definitions of Return on Equity Capital
Return on Equity Capital. (i) In respect of any full quarterly period commencing on or after the date hereof and ending on or prior to the Effective Date with respect to each Unit, an amount computed by multiplying the following:
Return on Equity Capital for any fiscal year means the percentage determined by dividing DFC's consolidated net income after all taxes determined in accordance with GAAP for such fiscal year by Equity Capital for such preceding December 31; provided that such calculation shall be adjusted as set forth in the immediately succeeding sentence. If DFC sells securities constituting Equity Capital during the fiscal year, Equity Capital shall be increased by the net proceeds to DFC (after expenses) of such sale multiplied by a fraction the numerator of which shall be the number of days in such fiscal year which had
Return on Equity Capital for any fiscal year means the percentage determined by
Return on Equity Capital means the ratio of Net Income to the ------------------------ average Equity Capital.
Return on Equity Capital. (i) For each full monthly period commencing on or after the date hereof and ending on or prior to the Effective Date, an amount computed by multiplying the following:
Return on Equity Capital for any fiscal year means the percentage determined by dividing FFCC's consolidated net income after all taxes determined in accordance with GAAP for such fiscal year by Equity Capital for such preceding December 31; provided that such calculation shall be adjusted as set forth in the immediately succeeding sentence. If FFCC sells its equity securities during the fiscal year, Equity Capital shall be increased by the net proceeds to FFCC (after expenses) of such sale multiplied by a fraction the numerator of which shall be the number of days in such fiscal year which had elapsed from the date of 3
Return on Equity Capital means the ratio of Bank’s Net Income to the Bank’s Equity Capital.