Return On Capital

Example Definitions of "Return On Capital"
Return On Capital. Means Operating Profit divided by the "Average ----------------- Capital Employed" for that year. "Capital Employed" is defined as Total Assets less Current Liabilities as determined in accordance with GAAP. "Average Capital Employed" is determined by taking the beginning capital employed for a year, adding the ending capital employed, and dividing the resulting sum by two.
Found in Cirrus Logic Inc contract
Return On Capital. Means Net Income divided by the quarterly average net capital of the Company or of an Affiliate, division, hospital or other unit, as determined by the Committee.
Found in Universal Health Services, Inc. contract
Return On Capital. For any Plan Year, NOPAT divided by Average Capital Employed.
Found in Crane Co. contract
All Definitions