NIM and Net operating profit after tax: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Mend link.) |
imported>Kmacharla No edit summary |
||
| Line 1: | Line 1: | ||
(NOPAT). A measure of business profitability which is independent of the chosen capital structure, but which does take account of the taxation of the operating profits. | |||
Often estimated as: | |||
NOPAT = PBIT x (1-T) | |||
where: | |||
PBIT = profit before interest and tax; and | |||
T = corporation tax rate. | |||
== See also == | == See also == | ||
* [[ | * [[Profit before interest and tax]] | ||
Revision as of 14:37, 28 May 2013
(NOPAT). A measure of business profitability which is independent of the chosen capital structure, but which does take account of the taxation of the operating profits.
Often estimated as:
NOPAT = PBIT x (1-T)
where:
PBIT = profit before interest and tax; and
T = corporation tax rate.
