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C
  • Cash and cash equivalents

    Indicates the cash and cash equivalents provided by the various capital flows and is the result of the cash flow accounting

  • Cash flow from financing activities

    Indicates the balance of cash and cash equivalents provided to or used by a company in connection with transactions involving shareholders’ equity or outside capital

  • Cash flow from investment activities

    Indicates the balance of cash and cash equivalents that a company has invested or received in connection with the acquisition or sale of financial and tangible assets

  • Cash flow from operating activities

    Indicates the change in cash and cash equivalents resulting from operative business during the period under review

  • Corporate governance

    The organizational structure and content of the way companies are managed and controlled

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D
  • Dividend yield

    Indicates the ratio between a dividend and a defined share trading price – typically the year-end trading price. The dividend yield expresses the magnitude of the effective yield of the capital invested in shares.
    Calculation: Dividend ÷ Trading Price x 100

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E
  • Equity ratio

    Describes the relationship between shareholder’s equity and total capital. The more shareholders’ equity that is available to a company, the better its credit rating will typically be.
    Calculation: Shareholders’ Equity ÷ Balance Sheet Total x 100

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F
  • Free-float

    The free-float includes all shares that are not held by major shareholders; i. e. shares that can be acquired and traded by the general public. Under Deutsche Börse’s definition, shares totaling over 5 percent of total equity or over 25 percent held by investment funds are not considered to be part of the free-float.

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G
  • Gross domestic product (GDP)

    Value of economic performance stemming from the domestic production of goods and services during the reporting period

  • Gross margin

    Indicates the ratio between gross profit and net sales, enabling conclusions to be drawn regarding a company‘s production efficiency.
    Calculation: Gross Profit ÷ Net Sales x 100

  • Gross profit

    The result of net sales less cost of sales.
    Calculation: Net Sales – Cost of Sales

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M
  • Market capitalization

    Indicates the current market value of a company’s share holders’ equity on the stock exchange.
    Calculation: Number of Shares Outstanding x Trading Price

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O
  • Operating profit (EBIT)

    Operating profit (earnings) before interest and taxes.
    Calculation: Net Income ± Financial Income / Expenses ± Income Taxes ± Gain / Loss from Investment

  • Operating profit margin (ebit margin)

    The ratio between operating profit and net sales – the higher the ratio, the higher the profitability of operating activities.
    Calculation: Operating Profit (EBIT) ÷ Net Sales x 100

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R
  • Research and development expense ratio

    Is an expression of the relationship between the volume of research and development expenses and the volume of net income generated. Is thus considered to be an indicator of a company’s willingness to invest in its own innovation activities.
    Calculation: R & D Expenses ÷ Net Income x 100

  • Return on capital employed (ROCE)

    Ratio between operating profit and the total capital employed during a period.
    Calculation: EBIT ÷ (Net) Assets + Working Capital x 100

  • Return on equity

    Provides information about the yield on the equity provided by shareholders.
    Calculation: Net Income ÷ Shareholders’ Equity x 100

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W
  • Working capital

    A liquidity parameter that indicates the surplus of a company’s assets that are capable of being liquidated short term (within one year) over its short-term liabilities. Absolute calculation: Current Assets – Short-Term Borrowed Capital;
    Relative calculation: Current Assets ÷ Short-Term
    Borrowed Capital x 100

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