Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses
on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect
on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions
on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we
operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact
on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact
on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns
on pension plan assets and the impact of future discount rate changes
on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco
on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted
on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence
on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments
on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional
capital needs or for payment of interest
on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
the Company's share repurchase plans depend
on a variety of factors, including the Company's financial position, earnings, share price, catastrophe losses, maintaining
capital levels commensurate with the Company's desired ratings from independent rating agencies, funding of the Company's qualified pension plan,
capital requirements of the Company's
operating subsidiaries, legal requirements, regulatory constraints, other investment opportunities (including mergers and acquisitions and related financings), market conditions and other factors.
On Wednesday, the firm announced an
operating system for early - stage investing called «
capital - as - a-service.»
The original BFS estimated a
capital cost of US$ 78.7 million
on a plant producing 4,000 tpa and an
operating cost of just US$ 9,070 per tonne, compared to competitors» costs of between US$ 14,000 to US$ 17,000 per tonne.
Corporate venture
capital also lets large companies
operate on a smaller scale, which lets them innovate faster, conduct research
on disruptive technologies and pre-empt competitors.
While FundersClub may
operate a platform for companies to seek investment, they only select a single - digit (1 to 2 percent) of startups to appear
on the platform, with top venture
capital firms such as Sequoia and Andreessen Horowitz already investing nearly $ 1 billion in companies that they've funded.
Doing the minimum required by a franchise system is not the way to make big numbers — he recommends doing as much as possible in the beginning, theorizing that if franchisees are scrimping
on advertising or labor in the first year just to keep the doors open, they didn't have enough
operating capital to begin with.
Kalgoorlie - based MacPhersons Resources says its Nimbus - Boorara project near Kalgoorlie will have lower
capital and
operating costs than previously estimated, according to early findings in the feasibility study
on the project.
But as BMO
Capital Markets analyst Tim Casey recently pointed out, the industry still appears to be
on death row because of the «gradual but unrelenting erosion of revenues,
operating margins and valuation multiples.»
Actual results and the timing of events could differ materially from those anticipated in the forward - looking statements due to these risks and uncertainties as well as other factors, which include, without limitation: the uncertain timing of, and risks relating to, the executive search process; risks related to the potential failure of eptinezumab to demonstrate safety and efficacy in clinical testing; Alder's ability to conduct clinical trials and studies of eptinezumab sufficient to achieve a positive completion; the availability of data at the expected times; the clinical, therapeutic and commercial value of eptinezumab; risks and uncertainties related to regulatory application, review and approval processes and Alder's compliance with applicable legal and regulatory requirements; risks and uncertainties relating to the manufacture of eptinezumab; Alder's ability to obtain and protect intellectual property rights, and
operate without infringing
on the intellectual property rights of others; the uncertain timing and level of expenses associated with Alder's development and commercialization activities; the sufficiency of Alder's
capital and other resources; market competition; changes in economic and business conditions; and other factors discussed under the caption «Risk Factors» in Alder's Annual Report
on Form 10 - K for the fiscal year ended December 31, 2017, which was filed with the Securities and Exchange Commission (SEC)
on February 26, 2018, and is available
on the SEC's website at www.sec.gov.
WALINI, Indonesia — Indonesia broke ground Thursday
on a new rail line between the
capital Jakarta and Bandung, officially marking the start of three years of construction
on what is expected to be the first high - speed rail service to
operate in Southeast Asia.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins
operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and
capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our
capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins
operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU,
on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted
on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins
operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition
on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger
on the market price of United Technologies» and / or Rockwell Collins» common stock and / or
on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Equally intimidating is the notion of raising
capital: The Teaneck, New Jersey firm has
operated for 17 years with little reliance
on outside sources.
Depending
on the source, electricity can be renewable and emissions - free, in addition to which the company claims its process may be the most cost - effective out there, coming in at about $ 10 a barrel in
operating costs and $ 10,000 per flowing barrel in
capital costs.
There are no limits or restrictions
on the amount of
capital or
operating losses that a corporation may carry forward or backward to other tax years.
Bootstrapping is do - it - yourself financing that requires rigorous budgeting and
operating on minimal costs before taking any outside
capital.
These risks include, in no particular order, the following: the trends toward more high - definition,
on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or
operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has
on gross margins; delays or decreases in
capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions
on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence
on market acceptance of various types of broadband services,
on the adoption of new broadband technologies and
on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition,
on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence
on contract manufacturers and sole or limited source suppliers; and the effect
on our business of natural disasters.
These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance
on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to
operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance
on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future
capital and liquidity requirements; the Company's ability to access the credit and
capital markets at the times and in the amounts needed and
on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse
operating results.
The performance goals upon which the payment or vesting of any Incentive Award (other than Options and stock appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market price of
Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on i
Capital Stock, earnings per share of
Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on i
Capital Stock, income, net income or profit (before or after taxes), economic profit,
operating income,
operating margin, profit margin, gross margins, return
on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to
operating cash flow and free cash flow), cash position, return
on assets or net assets, return
on capital, return on i
capital, return
on invested
Cash Flow Return
on Invested
Capital (CFROIC) is defined as consolidated cash flow from operating activities minus capital expenditures, the difference of which is divided by the difference between total assets and non-interest bearing current liabi
Capital (CFROIC) is defined as consolidated cash flow from
operating activities minus
capital expenditures, the difference of which is divided by the difference between total assets and non-interest bearing current liabi
capital expenditures, the difference of which is divided by the difference between total assets and non-interest bearing current liabilities.
Because Hong Kong, a former British colony,
operates outside China's limits
on cross-border money flows and has long been a
capital of global finance, the programs offered many Chinese investors their first chance to invest in global stock markets.
Under the Bonus Plan, our compensation committee, in its sole discretion, determines the performance goals applicable to awards, which goals may include, without limitation: attainment of research and development milestones, sales bookings, business divestitures and acquisitions, cash flow, cash position, earnings (which may include any calculation of earnings, including but not limited to earnings before interest and taxes, earnings before taxes, earnings before interest, taxes, depreciation and amortization and net earnings), earnings per share, net income, net profit, net sales,
operating cash flow,
operating expenses,
operating income,
operating margin, overhead or other expense reduction, product defect measures, product release timelines, productivity, profit, return
on assets, return
on capital, return
on equity, return
on investment, return
on sales, revenue, revenue growth, sales results, sales growth, stock price, time to market, total stockholder return, working
capital, and individual objectives such as MBOs, peer reviews, or other subjective or objective criteria.
Rather than relying
on accounting rules, economic book value comes from after tax
operating profit (NOPAT) and weighted average cost of
capital (WACC).
Forward - looking statements may include, among others, statements concerning our projected adjusted income (loss) from operations outlook for 2018,
on both a consolidated and segment basis; projected total revenue growth and global medical customer growth, each over year end 2017; projected growth beyond 2018; projected medical care and
operating expense ratios and medical cost trends; our projected consolidated adjusted tax rate; future financial or
operating performance, including our ability to deliver personalized and innovative solutions for our customers and clients; future growth, business strategy, strategic or operational initiatives; economic, regulatory or competitive environments, particularly with respect to the pace and extent of change in these areas; financing or
capital deployment plans and amounts available for future deployment; our prospects for growth in the coming years; the proposed merger (the «Merger») with Express Scripts Holding Company («Express Scripts») and other statements regarding Cigna's future beliefs, expectations, plans, intentions, financial condition or performance.
Albertine, who has the equivalent of a buy rating
on Tesla, said Musk doesn't need to raise
capital soon but may want to think about hiring a chief
operating officer.
Operating Earnings Yield (ttm): 7.2 (11/15 points) Net Income (ttm): $ 293 M Gross Profit (ttm): $ 868 M Total Assets: $ 3518 M Gross Profitability Ratio = Gross Profit / Total Assets: 25 % (8/18 points) Cash Return
On Invested Capital (CROIC)(ttm): 12 % Return on Invested Capital (ROIC): 13
On Invested
Capital (CROIC)(ttm): 12 % Return
on Invested Capital (ROIC): 13
on Invested
Capital (ROIC): 13 %
All information, representations or offers made in linked third party websites are solely the responsibility of the third parties
operating those websites and NWQ
Capital Management Pty Ltd makes no representation or warranty as to accuracy or reliability of the information contained
on linked third party websites.
GPB
Capital is focused
on acquiring and
operating portfolio companies in the solid Waste Management industry currently serving the commercial, industrial and recycling sectors.
As I argued in An Open Letter to Congress Regarding the Current Financial Crisis and You Can't Rescue the Financial System if You Can't Read a Balance Sheet, this is exactly the right approach, since it
operates on the liability (
capital) side of the balance sheet, which is where the trouble has been.
I draw
on both my
operating and venture
capital experience in this regard.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company
operates; the volatility of
capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators
operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments
on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.
With
operating costs
on the rise, and gold down from its peak of $ 1,900 an ounce in 2011, what producers need now more than anything is
capital.
Management anticipates that the Company will be dependent, for the near future,
on investment
capital to fund
operating expenses.
As a result, we may not be able to secure additional financing in a timely manner, or at all, to meet our future
capital needs, which may have an adverse effect
on our business,
operating results and financial condition.
Actual results may vary materially from those expressed or implied by forward - looking statements based
on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations
on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have
on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect
on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have
on BWW and its business, including the risks that as a result (a) BWW's business,
operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places
on BWW's ability to
operate its business, return
capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report
on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.
Subsequent tax incentives in the 1980s (such as Section 1042 of the Internal Revenue Code) allowed owners of privately held businesses to defer their
capital gains taxes when they sold more than 30 % of C corporations to the employees and managers through ESOPs or eligible worker cooperatives.15 Often, retiring entrepreneurs would sell 100 % in stages so that they could fully retire if they had no heir to
operate the company or the family wished to cash out
on their stake.
But according to a new report from Loop
Capital analyst Rick Paterson, focusing
on operating ratio will only take a railroad stock so far.
I agree that corporate CEOs and CFOs are very focused
on operating their businesses, and
on the efficient use of
capital.
It may not be able to raise
capital and because the equity is a relatively small portion of the capitalization, very small movements in the
operating performance of that business can have a damaging impact
on the equity value.»
During the quarter ended 30th September 2003, GG managed to achieve a net profit of $ 0.13 / share, a net
operating margin of 44 % and a return
on invested
capital (ROIC) of 22 %.
Even if you have limited
operating capital, investing in the highlighted elements will produce positive results
on your business both in the short and long run.
CoAssets, a crowdfunding platform and Fintech lender specialising in facilitating funding for businesses, reported its financial and
operating results for the half year ended 31 December 2017, together with an update
on the Group's growth and
capital strategy to the
The company's strong
operating leverage produced robust free cash flow and a material improvement in return
on invested
capital.
Referring to the completion of work
on the Basel III bank
capital standards, US Treasury Secretary Steven Mnuchin noted that «the reforms standardize the approach, improve the quality and consistency of bank
capital requirements, and will help level the playing field for US firms and businesses
operating internationally.»
But there still remains downside with Halcon, which must collect more $ 17 per barrel of oil equivalent it produces just to cover
operating expenses, before spending a single penny
on capital costs or production maintenance.
Until the notion that Alberta oil and gas should be left in the ground and the reality of what our economy
operates on is understood, the path of investment
capital will not be traveling through Alberta.
Mumbai - based robotics and consumer electronics company RN Chidakashi Technologies Pvt. Ltd, which
operates under the brand name Emotix, said
on Wednesday that it has raised $ 2 million (Rs 13 crore) in a pre-Series A funding round led by venture
capital firms IDG Ventures India and YourNest.
Long - term investors should pay strict attention to a company's overall returns
on invested
capital (net
operating profits as a percentage of ALL the
capital tied up in the company) and the incremental gains or losses that occur.
«A focus
on long - term strategy, the agility to invest in innovation and a solid and stable
capital base have always been hallmarks of family businesses, wherever they
operate,» says Marnix van Rij, EY's Global Leader for Family Business.
Return
on Invested
Capital (ROIC): Function of
Operating Earnings and Net New Investment,
Capital Expenditures (Positive)