Assertion: invested capital | /r/DefinedAs | total assets
Facets:
value: typically
type: DEGREE
value: minus excess cash
type: OTHER
value: beyond the amount of working capital
type: OTHER
Source sentences:
text: Invested capital is typically defined as total assets minus excess cash beyond the amount of working capital necessary to keep the business running, reduced by current liabilities that don't incur interest, like accounts payable and wage payments incurred.