Average Net Invested Capital

Average Net Invested Capital. Shall mean a five point average of Net Invested Capital based on the five most recent quarters. Net Invested Capital for each quarter will be calculated as follows using each company's 10-Q quarterly and 10-K annual reports. Net Invested Capital = + Total Assets (TA) - Non-Interest Bearing Current Liabilities (NIBCL) + Accumulated Goodwill Amortization (if included in TA) + Restructuring Liabilities (if included in NIBCL) + Current year asset write-offs related to restructuring (if included in... TA) View More