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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Net Operating Profit After Tax - NOPAT  

Definition 1.

A company's potential cash earnings if its capitalization was unleveraged (that is, if it had no debt). NOPAT is frequently used in economic value added (EVA) calculations.Calculated as:NOPAT = Operating Income x (1 - Tax Rate)
 
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