Average Equity definition

Average Equity means, for any Fiscal Year, the average of stockholders' equity as shown on the fiscal year-end consolidated balance sheet of the Corporation and its subsidiaries as of the end of such Fiscal Year and as of the end of the immediately preceding Fiscal Year except that the amounts shown on said balance sheets as "Accumulated other comprehensive" income or loss, as the case may be, shall be disregarded.

Average Equity to be used in computing Bonus Compensation for the fiscal year ending July 31, 1999 will be the average of stockholders' equity as of August 2, 1998 and July 31, 1999) except that the amount shown as the "equity adjustment from foreign currency translation" on each such consolidated balance sheet shall be disregarded and the amount of $3,744,000 shall be the equity adjustment (increase) from foreign currency translation used to determine stockholders' equity at each such year-end balance sheet date.

Average Equity means the average of stockholders' equity as shown on the fiscal year-end consolidated balance sheet of the Company as of the end of the fiscal year with respect to which Formula Bonus Compensation is being computed hereunder and as of the end of the immediately preceding fiscal year (e.g., "Average Equity" to be used in computing Bonus Compensation for the fiscal year ending July 31, 1999 will be the average of stockholders' equity as of August 2, 1998 and July 31, 1999) except that the amount shown as the "equity adjustment from foreign currency translation" on each such consolidated balance sheet shall be disregarded and the amount of $3,744,000 shall be the equity adjustment (increase) from foreign currency translation used to determine stockholders' equity at each such year-end balance sheet date.

Examples of Average Equity in a sentence

• Accordingly, for 2004 and 2005, the authorized equity ratio shall equal the Forecast Average Equity Ratio, but in no event shall it be less than 48.6 percent.

• Annualized Operating Return on Average Equity 1) is calculated using operating income, as defined below and 2) excludes from average equity, the average after-tax unrealized appreciation or depreciation on investments and the average after-tax unrealized foreign exchange gains or losses and the aggregate value of the liquidation preferences of our preference shares.

• Annualized Operating Return on Average Equity is calculated using 1) operating income, as defined below and 2) excludes from average equity, the average after tax unrealized appreciation or depreciation on investments and the average after tax unrealized foreign exchange gains or losses.

• The resulting performance measures are weighted: • 50 percent weighting to the matrix composed of both the three-year average Return on Average Equity (ROAE) and average earnings per share growth per Addendum A; and • 50 percent to the Relative Total Shareholder Return (TSR) per Addendum A, measured against the Company's Peer Group listed on Addendum B.

• Return on Average Equity at the 75th percentile equates to 3,000 Shares which when adjusted by the weighting of 16.666% is 500 Shares.

More Definitions of Average Equity

Average Equity means the sum of CFF’s total stockholders’ equity at the beginning of a Performance Year and at each month end during such year, divided by 13.

Average Equity for any year shall mean the average of the Company’s total common stock equity as of the last day of the year and the Company’s total common stock equity as of the last day of the prior year, in each case as set forth on the audited consolidated balance sheet of the Company and its subsidiaries as of the applicable date.

Average Equity means the average of the Company's shareholders' equity determined in accordance with GAAP computed by using shareholders' equity at each month-end in the year for which Net Income is being determined.

Average Equity means the company-reported average equity.

Average Equity shall be computed by adding the equity at the beginning of the Fiscal Year to the equity at the end of each of the four quarters of the Fiscal Year, and dividing that number by five (5).

Average Equity means the daily average outstanding amount of equity outstanding that was issued by the Client (at any time) to acquire or hold Velocity Assets.

Average Equity means the arithmetic average of total shareholders’ equity on a monthly basis for the stated periods excluding the average share of equity due to non-controlling interests and the average value of preference shares less issue expenses. We use this measure in calculating ordinary shareholders’ return on average equity. We believe that the presentation of average equity, which represents the ordinary shareholders’ return on ordinary equity, is useful because it is a measure that is commonly recognized as a standard of performance by investors, analysts, rating agencies and other users of financial information in our industry.