Investopedia definition Net operating profit less adjusted taxes (NOPLAT) refers to total operating profits for a firm with adjustments made for taxes. It represents the profits generated from a company`s core operations after subtracting the income taxes related to the core operations. NOPLAT is often used as an input in creating discounted cash....
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http://en.wikipedia.org/wiki/NOPLAT
Net operating profit less adjusted taxes (NOPLAT) is a financial ratio that calculates a firm?s earnings before interest and taxes (EBIT) adjusted for the tax expenses of debt financing. Investors use this metric to calculate free cash flow before a merger or acquisition.
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https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction
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