Net Assets Employed definition

Net Assets Employed means total assets minus cash and cash equivalents and minus all liabilities excluding short-term and long-term debt. “Average net assets employed” for a period means the average of net assets employed at the end of the immediately preceding fiscal period and at the end of each fiscal quarter during the period as reflected in the Company’s final consolidated balance sheet for the quarter that is prepared as part of the financial statements used in the preparation of the Company’s externally reported financial statements.
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Net Assets Employed means total tangible assets less current liabilities.
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Net Assets Employed means the management financial metric of the applicable person calculated as the sum of intangible assets, tangible fixed assets, working capital, provisions and investments in associates.
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Examples of Net Assets Employed in a sentence

  • The Vesting Percentage is based upon the Company’s Return On Net Assets Employed (“Average Annual ▇▇▇▇▇”) during the Measurement Period, as determined in accordance with the following table: When the Average Annual ▇▇▇▇▇ results during the Measurement Period fall between the table values, straight-line mathematical interpolation will be used to determine the Vesting Percentage calculated to the nearest hundredth of a percentage.

  • Average Annual Return On Net Assets Employed shall be equal to the sum of the Return On Net Assets Employed (“▇▇▇▇▇”) for each fiscal year of the Company during the Measurement Period divided by three.

  • The Financial Statements shall reflect that MSI has a minimum of Four Hundred Thousand Dollars ($400,000) of Net Assets Employed (prior to the distribution under Section 2.07), calculated as described in Section 3.06.

  • The Vesting Percentage is based upon the Company’s Return On Net Assets Employed (“Average Annual ▇▇▇▇▇”) during the Measurement Period, as determined in accordance with the following table: 2 When the Average Annual ▇▇▇▇▇ results during the Measurement Period fall between the table values, straight-line mathematical interpolation will be used to determine the Vesting Percentage calculated to the nearest hundredth of a percentage.

  • Marginal Net Income of the Worldtex Group and Net Assets Employed by the Worldtex Group shall be determined in accordance with generally accepted accounting principles by Employer's Compensation Committee following the end of each such fiscal year and payment of any amount due to Employee shall be made not later than 30 days following the completion of the annual audit for such fiscal year.

  • Marginal Net Income of the Worldtex Group and Net Assets Employed by the Worldtex Group shall be determined in accordance with generally accepted accounting principles by Worldtex's Compensation Committee following the end of each such fiscal year and payment of any amount due to Employee shall be made not later than 30 days following the completion of the annual audit for such fiscal year.


More Definitions of Net Assets Employed

Net Assets Employed means the fiscal year monthly average of net inventory plus net accounts receivable plus net fixed assets minus trade payables, calculated on the last day of each month of the trailing 13 months.
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