Fixed assets plus current assets minus current liabilities. Capital employed...
Usually defined as fixed assets plus working capital, although alternative definitions are possible. Capital employed is essentially the underlying asset base a company needs to generate its profits and turnover.
ALSTOM defines capital employed as net fixed assets, plus current assets (excluding net amount of securitisation of existing receivables), less provisions for risks and charges and current liabilities. Capital employed does not represent current assets, as calculated under French GAAP. The most directly comparable financial measure to capital employed and presented in accordance with French GAAP is current assets.
Net Worth plus Long-term Liabilities.
Equity plus minority interests, interest-bearing debt, less long-term loans. Where average capital employed is referred to, this is the average of the figures at the beginning and the end of the financial year
Working capital + net intangible assets + net goodwill + net property, plant and equipment. The average CE is computed as capital employed at previous year-end plus capital employed at balance sheet date divided by two.
Sum of the fixed assets and working capital.
a business segmentâ€(tm)s assets, net of liabilities, excluding debt, pension, income taxes and LIFO reserves.
Total assets less non-interest-bearing liabilities and non-interest-bearing provisions recorded, and the (proposed) dividend.
Short and long-term debt and shareholders' equity
Financial resources used by a company to develop its business. It is the sum of equity, minority interests and net indebtedness.
The total value of all the assets being used by the business to make money. Usually calculated as total assets less current liabilities. See Return on Capital Employed.
amount of investment in an organisation or project, normally the sum of fixed and current assets, less current liabilities at a particular date.
Total assets less non-interest bearing liabilities including deferred tax liability.
Formula: Total liabilities and equity less non-interest bearing liabilities.
Gross CE=Total assets, Net CE=Fixed assets plus (current assets less current liabilities).
Capital employed is essentially the underlying asset base a business needs to generate its profits and turnover. It is usually defined as fixed assets plus working capital, although alternative definitions are possible. It can also be calculated by adding together shareholders' funds and long-term liabilities. Having calculated capital employed, it is possible to assess the level of return that this investment is producing by using an accounting ratio such as “return on capital employedâ€.
As the term suggests, it is the capital employed in running a business. To compute it, take the total of either the liability or asset side of the balance sheet. On the liabilities side, exclude revaluation reserves and if you adopt the asset side approach, then exclude the revalued portion of the gross block. Capital employed is also referred as total assets or the balance sheet size.
The funds employed by the company in its activities. This represents the value, in the Balance Sheet, of the company’s share capital, reserves and debt. It can be expressed either before or after intangible assets, dependent upon the circumstances and requirement.
The Group's and business areas' capital employed is calculated as an average of the fixed assets according to the balance sheet and net working capital reduced by provisions for other purposes than pensions. Goodwill is not included in capital employed in the business areas, but is reported as a consolidated asset.
Equity plus loans subject to interest.