Return on Capital definition

Return on Capital means, as to any Performance Period, Profit divided by average invested capital.

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Return on Capital means the return produced by funds invested in the Company and shall be determined as Earnings from Continuing Operations, as defined in Section 2.a.(vi), divided by the Average Capital Employed. Average Capital Employed shall be derived by adding the Company's capital debt plus equity at the close of the last day of the year preceding the Performance Year, to the Company's capital debt plus equity at the close of the last day of the present Performance Year, with the resulting sum being divided by two. Capital debt is defined as the sum of borrowing by the Company due within one year and long-term borrowing, as designated on the Company's balance sheet. The resulting ratio shall be multiplied by One Hundred (100) in order to convert such to a percentage. Such percentage shall be calculated to the third place after the decimal point (i.e., xx.xxx%), and then rounded to the second place after the decimal point (i.e., xx.xx%).

Return on Capital means ** percent (**%), as such return level may be modified by Provider pursuant to the provisions of Section 7.1(f).

Examples of Return on Capital in a sentence

• The two performance measures are Return on Capital Employed and Total Shareholder Return.

• In all cases, the Committee shall certify whether NCR has achieved the predetermined level of Return on Capital, and certain other discretionary performance vesting measures (as outlined in Section 2 below), within ninety (90) days following the end of the Performance Period.

• Such right must be exercised by Gatherer prior to the start of the Year to which such Updated Development Plan that triggered the provisions of this Section 7.1(d) first applies, and absent such exercise by Gatherer such right to increase the Return on Capital shall be deemed waived by Gatherer.

• Return on Capital A partner, irrespective of the nature of its capital contribution, shall have right to demand and receive only cash as admissible return on his capital contribution, unless the partners shall have unanimously agreed that such partner may receive a distribution in kind.

• Financial measures are objectives related to the following (see Appendix F for definitions): • Reliability; • Equipment Utilization; • Operating Expense; and • Return on Capital Employed.

More Definitions of Return on Capital

Return on Capital means NOPAT divided by average Capital for the year or other period.

Return on Capital for a period shall mean net income divided by stockholders’ equity.

Return on Capital means consolidated net income of Olin plus after-tax interest expense and the after-tax effect of any special charge or gain and any cumulative effect of a change in accounting, divided by average consolidated total assets of Olin less total non-interest-bearing liabilities.

Return on Capital for a period shall mean net income divided by stockholders’ equity as determined by the Company’s independent auditors in accordance with GAAP and reported to the Committee.

Return on Capital means with respect to Construction Costs or other capital expenditures or the Fair Market Value Purchase Price, an amount equal to the product of (a) the Return on Capital Percentage and (b) the amount of such Construction Costs or other capital expenditures or the Fair Market Value Purchase Price, as the case may be (in $).

Return on Capital means Non-Pension Operating Income divided by Controllable Capital, each as defined in this Section. “Threshold” and “Maximum” shall mean the respective levels of performance outlined on the performance-based restricted stock unit information page on the website of the TPA for NCR.

Return on Capital means the Company's or a business unit's Profit After Tax divided by Company's or business unit's, as applicable, average invested capital, determined in accordance with generally accepted accounting principles.