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We would rather see managements compensated on a return on invested capital metric of ROE metric something based on profitability as opposed to growth.
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Most importantly, LEG's capital employed metric only includes net plant property & equipment and working capital.
And that notion that capital is the metric, that profit is the metric by which we're going to measure the health of our society is one of the fundamental mistakes of the last 30 years.
Regions like Silicon Valley with a high proportion of skilled immigrants likely have more human capital than this metric would pick up.
In the field of after sales service logistics for capital goods, generally, METRIC type methods are used to decide where to stock spare parts in a multi-echelon repair network such that a target availability of the capital goods is achieved.
But the group's debt-to-capital ratio, a metric that is used to measure a company's leverage level, is still well above 90%, according to Bondcritic's Promboon.
"Social capital is a great metric for a brand".
The idea of taking a back-yard grow, to a multi-million dollar corporation is only as far as your venture capital believes in your metric.
UNICEF Charter flights have been sent to the two neighboring capitals with over 160 metric tons of supplies, including hygiene kits, nutrition items and recreation and psycho-social relief items.
"The prevailing metric now is capital efficiency," Mr. Cowan said.
There is no overall metric of social capital.
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