Motivation 4 . mindset . moreover we can calculate the eva on the basis of the nopat ( net operating profit after tax ) Eva可以和現(xiàn)行的會計指標融為一體,通過對會計利潤進行適當?shù)恼{(diào)整就可以得到eva財務(wù)管理所需的數(shù)據(jù)。
The economic value added ( eva ) is a measure of surplus value created on an investment , namely the difference in amount after the nopat ( net operating profit after taxes ) subtract cost of capital Eva就是稅后營業(yè)利潤減資金成本后的剩余回報,即稅后的營業(yè)利潤減去債務(wù)和權(quán)益資本的使用成本后的差額。
In formula form we have : eva = nopat - kw x ( na ) where eva is the economic value added , nopat is the net operating profit after tax , na is the net assets . eva method should be employed with for it compares the capital return to the capital cost 用公式表示如下: eva = nopat - kw ( na )式中, kw是企業(yè)的加權(quán)平均資本成本, na是企業(yè)報告期初資產(chǎn)的經(jīng)濟價值, nopat是經(jīng)過調(diào)整的營業(yè)凈利潤。
Economic value added ( eva ) is the financial performance measure that comes closer than any other to capturing the true economic profit of an enterprise . eva also is the performance measure most directly linked to the creation of shareholder wealth over time . put most simply , eva is net operating profit minus an appropriate charge for the opportunity cost of all capital invested in an enterprise 經(jīng)濟增加值( eva )理論被認為是解決這一問題的有效方法, eva理論的核心思想是,一個公司只有在其資本收益超過為獲得該收益所投入全部資本成本時,才是為股東創(chuàng)造了額外的價值。