Net operating profit after tax and Nominal annual yield: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Layout.)
 
imported>Doug Williamson
No edit summary
 
Line 1: Line 1:
(NOPAT).
A yield expressed on a nominal annual rate basis, under the quoting convention for the given market.
 
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]]
* [[Nominal annual rate]]
* [[Nominal annual discount rate]]
* [[Yield]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]

Latest revision as of 20:48, 1 July 2022

A yield expressed on a nominal annual rate basis, under the quoting convention for the given market.


See also