Net Capital Invested definition

Net Capital Invested. (“NCI”) means, in relation to the issuer of a share constituting the Selection Pool, an amount as determined by the CROCI Valuation Group as at the relevant time and for the relevant period for which it is required to be determined pursuant to the provisions hereof equal to the sum of the tangible fixed assets, intangible assets (such as research and development, leased assets and other depreciable intangible assets such as brands) and non- depreciable capital (such as net working capital), less accumulated depreciation, which resultant amount is then adjusted for inflation and represents the net, inflation-adjusted value of all cash spent on creating each such issuer’s asset base;
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Net Capital Invested means the Capital Contribution made by the Client less the Capital Contribution returned by the Portfolio Manager to the Client.
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Net Capital Invested means the total of (i) inventories and trade receivables minus trade payables plus (ii) fixed assets [____________________________________________________].
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Examples of Net Capital Invested in a sentence

  • Instead of book value, the CROCI Net Capital Invested is used as the economic measure of the book value of a company.

  • TIER 1The Tier 1 (consolidated level) shows that, upon a Net Capital Invested of € 13.9 million, the consolidated enterprise value amounts to € 18.3 million (of which € 6.7 million resulting from the discounting of flows from explicit forecast and € 11.6 million from the terminal value).Subsequently, the Tier 1 (verification of the value of use of the goodwill recorded in the consolidated financial statement at about € 13.4 million) gave positive results against a headroom of € 4.4 million.

  • As of 31 December 2020, these figures were represented as follows:The Tier 1 (consolidated level) showed that, upon a Net Capital Invested of € 13.5 million, the consolidated enterprise value amounted to € 23.4 million (of which € 9.1 million resulting from the discounting of flows from explicit forecast and € 14.3 million from the terminal value).

  • The impairment test works on two levels, Tier 1, where the headroom against the Consolidated Net Capital Invested is verified, and Tier 2, where the actual impairment test is executed with regard to the CGUs to which the goodwill is ascribable.

  • Our claim was based on valuation report conducted by a professional valuer.

  • The rate of IR on spinning machinery reduced to 4 per cent from earlier 5 per cent, all other segments under the existing scheme continued to get 5 per cent IR; CS and IR to be paid only on basic value of machineries excluding taxes and duties etc.

  • Joseph de Maistre, ‘Essay on the Generative Principle of Political Constitutions’ (1814), in The Works of Joseph de Maistre, ed.

  • Hence, also in the light of recent recommendations by CONSOB and ESMA, the Company’s management considered it appropriate to prepare impairment tests also for the Interim Condensed Consolidated Financial Statements as of 30 June 2020.The impairment test works on two levels, Tier 1, where the headroom against the Consolidated Net Capital Invested is verified, and Tier 2, where the actual impairment test is executed with regard to the CGUs to which the goodwill is ascribable.

  • Where: 𝑇𝑜𝑡𝑎𝑙 𝑅𝑒𝑡𝑢𝑟𝑛𝑡= (𝐸𝑄𝑉𝑡 − 𝐸𝑄𝑉𝑡−1 − 𝑁𝐶𝐼𝑡 + 𝐷𝑖𝑠𝑡𝑡) ∗ 100𝐸𝑄𝑉𝑡−1EQVt = Equity value of the direct infrastructure investment Distt = Income distributed during the monthNCIt = Net Capital Invested in month t, is the new equity capital invested in the asset.

  • Based on the above, the Net Capital Invested as at December 31st, 2008 reached€215.145 million, up by €1.917 million compared to December 31st, 2007.As at December 31st 2008, Net equity reached €72.691 million, down by €6.756 compared to the figure as at December 31st, 2007 (€79.447 million) mainly on account of the aforementioned increase of the translation reserve (€6.560 million),following the strengthening of the Euro against the Brazilian Real and the Indian Rupee .


More Definitions of Net Capital Invested

Net Capital Invested means, in relation to the issuer of an Eligible Stock and a Sub-Index Selection Date, an amount equal to the sum of the tangible fixed assets, intangible assets (such as research and development, leased assets and other depreciable intangible assets such as brands) and non-depreciable capital (such as net working capital), less estimated economic accumulated depreciation. The resultant amount is then adjusted for inflation and represents the net, inflation-adjusted value of all cash spent on creating such issuer’s asset base.
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Related to Net Capital Invested

  • Capital investment means an investment in real property, personal property, or both, at a

  • Total Investment means the sum of the aggregate Capital Contributions made by a Member.

  • Net Capital Net Capital shall mean "net capital" as defined in Rule 15c3-1.

  • PIPE Investment Amount has the meaning specified in Section 6.16.

  • Average Invested Capital means the average of invested capital as of December 31, 2023 and the invested capital as of December 31, 2024 where the invested capital is defined as the sum of the Company’s long-term debt plus the current portion of long-term debt, less cash, cash equivalents and investments, plus stockholder equity.

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.

  • Initial Investment : means the amount that you initially subscribed to invest into the Plan.

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Class B Initial Invested Amount means the sum of the aggregate initial principal amount of the Class B Certificates, which is $48,000,000 on the Closing Date, and the aggregate initial principal amount of any Additional Class B Certificates.

  • Class A Initial Invested Amount means the sum of the aggregate initial principal amount of the Class A Certificates, which is $750,000,000 on the Closing Date, and the aggregate initial principal amount of any Additional Class A Certificates.

  • Alternative investment means an investment in a private equity fund, venture fund, hedge fund, or absolute return fund.

  • Net Investment means (i) as it relates to the Stockholders, the total amount of Gross Proceeds raised in all Offerings; and (ii) as it relates to the Limited Partners (other than the General Partner in its capacity as a Limited Partner) the total amount of Capital Contributions.

  • Initial Invested Amount means the sum of the Class A Initial ----------------------- Invested Amount, the Class B Initial Invested Amount and the Collateral Initial Invested Amount.

  • Invested Capital means the amount calculated by multiplying the total number of Shares purchased by Stockholders by the issue price at the time of such purchase, reduced by the portion of any Distribution that is attributable to Net Sales Proceeds and by any amounts paid by the Company to repurchase Shares pursuant to the Company’s plan for the repurchase of Shares.

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Equity Capital means capital invested in common or preferred stock, royalty rights, limited partnership interests, limited liability company interests, or any other security or rights that evidence ownership in a private business.

  • Minimum Investment means an investment in the project of at least two and one‑half million dollars within the investment period. If a county has an average annual unemployment rate of at least twice the state average during the last twenty‑four month period based on data available on the most recent November first, the minimum investment is one million dollars. The department shall designate these reduced investment counties by December thirty‑first of each year using data from the South Carolina Department of Employment and Workforce and the United States Department of Commerce. The designations are effective for a sponsor whose fee agreement is signed in the calendar year following the county designation. For all purposes of this chapter, the minimum investment may include amounts expended by a sponsor or sponsor affiliate as a nonresponsible party in a voluntary cleanup contract on the property pursuant to Article 7, Chapter 56, Title 44, the Brownfields Voluntary Cleanup Program, if the Department of Health and Environmental Control certifies completion of the cleanup. If the amounts under the Brownfields Voluntary Cleanup Program equal at least one million dollars, the investment threshold requirement of this chapter is deemed to have been met.

  • Capital Increase has the meaning given in clause 3.2(a);

  • Series Invested Amount means the Initial Invested Amount.

  • Minimum capital or "minimum required capital" means the capital that must be constantly maintained by a stock insurance corporation as required by statute.

  • Alternative Investments means investments in the said State which are within the ability and competence of the Company or of corporations which are related to the Company for the purposes of the Companies (Western Australia) Code and which are approved by the Minister from time to time as alternative investments for the purpose of this Agreement (which approval shall not be unreasonably withheld in the case of an investment which would add value or facilitate the addition of value, beyond mining, to the mineral resources of the said State);”;

  • Total Funded Debt means all Funded Debt of the Borrower and its Consolidated Subsidiaries, on a consolidated basis, as determined in accordance with GAAP.

  • Unit Capital means the aggregate of the face value of units issued under the scheme and outstanding for the time being.

  • Average Invested Assets means, for a specified period, the average of the aggregate book value of the assets of the Company invested, directly or indirectly, in Properties, Loans and other Permitted Investments secured by real estate before reserves for depreciation or bad debts or other similar non-cash reserves, computed by taking the average of such values at the end of each month during such period.

  • Joint Venture Investment means, with respect to any Obligor, any Investment by such Obligor in a joint venture or other investment vehicle in the form of a capital investment, loan or other commitment in or to such joint venture or other investment vehicle pursuant to which such Obligor may be required to provide contributions, investments, or financing to such joint venture or other investment vehicle and which Investment the Borrower has designated as a “Joint Venture Investment”.

  • Class B Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class B Invested Amount less the positive difference, if any, between the Principal Funding Account Balance and the Class A Invested Amount on such date.