1
Q
Average interest percentage paid
A
Net finance expenses / non-current and current borrowings
interest / debt
2
Q
Capital employed
A
Value of all assets used to generate earnings
CE=TA-CL
3
Q
Working capital
A
Day-to-day operating liquidity available to a business
WC=CA-CL
4
Q
Net worth
A
= shareholders equity
5
Q
EBIT
A
= operating / trading profit
EBIT = total revenue - operating costs
6
Q
EBITDA
A
EBIT + D&A
Operating profit + D&A&impairments
7
Q
EBT
A
Earnings before tax
EBIT - interest to lenders
8
Q
EAT
A
Earnings after tax = net profit
EBT-tax to government
9
Q
RE
A
Retained earnings = Net income
EAT - dividend to shareholders
10
Q
ROCE
A
Return on capital employed
EBIT / CE
EBIT / TA - CL
Financial Management
flashcards
Decks in class (9)
# Cards
