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TNAV

It stands for tangible net asset value; the net asset value (or equity on the other side of the balance...

Tangible Net Asset Value

The net asset value (or equity on the other side of the balance sheet) with the value of intangible assets...

NOA

A measure of performance or valuation whereby an entity's value is assessed focusing on its operating activities and related assets....

Net Operating Assets

A measure of performance or valuation whereby an entity's value is assessed focusing on its operating activities and related assets....

Operating Income

A category of income that an entity generates after deducting operating expenses from its operating revenues. Operating expenses represent the...

Return on Net Operating Assets

A measure often used to assess the efficiency of an entity's operations and to compare the profitability of different entities...

RNOA

It stands for return on net operating assets; a measure often used to assess the efficiency of an entity's operations...

Net Operating Profit After Tax

An entity’s after-tax operating income assuming that it had no debt in its capital structure (and hence, no interest expense)....

NOPAT

It stands for net operating profit after tax. It is an entity’s after-tax operating income assuming that it had no...

Return on Normative Regulatory Equity

A version of return on equity (ROE) in which normative regulatory equity (NRE) is used as a denominator. It represents...