Define: NPAT
NPAT means the net profit after all federal, state, local income tax expenses, calculated consistently according to accounting principles
NPAT means the net profit after all federal, state, local income tax expenses, calculated consistently according to accounting principles.
Relevant Circumstances
- When financial covenants or bonus calculations reference net profit after tax
- If consistent accounting policies are needed for NPAT calculations year on year
- Where federal, state and local taxes must be treated consistently in the figure