标题: NOPLAT vs NOPAT? [打印本页] 作者: himanshumh 时间: 2011-7-13 16:18 标题: NOPLAT vs NOPAT?
They look the same. Can someone identify what the difference is?作者: Rasec 时间: 2011-7-13 16:18
Same. The L stands for Loss..作者: DSquaredSlim 时间: 2011-7-13 16:18
NOPLAT = EBITDA - Dep- Taxes
NOPAT = EBIT(1-T)
They are the same, in my view.作者: lucasg85 时间: 2011-7-13 16:18
Yes, I initlaly thought I had written it down wrong...then I thought it was a CFAI typo then I realized...who cares they are the same thing作者: genuinecfa 时间: 2011-7-13 16:18
no, the L does not stand for loss, it stands for "less".
NOPLAT = net operating profit less adjusted tax
NOPAT = net operating profit after tax
so if adjusted tax = tax, then they are the same.作者: profil 时间: 2011-7-13 16:18
I believe NOPLAT is used when adjusting taxes for companies in inflationary markets
Check out Kaplan LOS 41. B for a quick example作者: yodacaia 时间: 2011-7-13 16:18
NOPLAT is for LESS ADJUSTED TAXES
This comes into play when your NCC (non-cash charges) include deferred taxes. These taxes were not actually paid out, thus it's an add-back. If there are no deferred taxes, then NOPAT = NOPLAT
