In this case, an EBlT might be a little bit more informative.

EBlT in this case would be the operating profit plus this investment income.

Myself.

And a customer development team says,

But when I talk about the asset, I'm talking about only the operating assets.

Is this store open on Sundays?

The supermarket is open all days except Sunday.

But anyway, here I want to figure out what is my return on asset?

I'm talking about all companies.

Open 24 hours.

And so their operating profit, the amount of pre tax income, but you know, we're not considering financing either, so this is their operating profit or their EBlT.

Japanese corporations are slashing their capital spending programs.

Management practices at Japanese corporations are often very different from those at foreign companies.

The last area is profit itself.

But now, over this period of time, over 2008, 2008 happens.

A health food company.

Construction.

This place is closed, ladies.

From my point of view I liked the idea of the world's biggest site.

I didn't want to go there in the first video, and that's why I just said operating profit divided by assets.

And if everything was equal, if these companies really were equal, in terms of their capital structure, in terms of how much debt they had, in terms of their growth rate, in terms of their risk, in terms of the markets they operate in, in terms of who are their customers, and how much of a competitive advantage they have.

And this is the profit from the operations of the company, or you could say from the assets or from the business or from the enterprise of the company.

Japan is an industrial nation.

Because in the last video I talked a little bit about return on asset, where we just took the operating profit, and we divide that by the assets.

(Laughter)

Monday mornings I have to see my salesmen. I'll be free this afternoon.

I have to tell you if this is your vision on day 1, you're already out of business.

I'm a salesman.

I am a member of the sales department.

So now we add an interesting line.

We decided to infiltrate some companies and do a very similar thing.

It's open 24 hours a day. You can go in day or night.

There had been something lost in translation.

Corporate results in Japan have improved.

Aren't the dietmen unreasonable?

The company bought shares in the venture.

Is it open round the clock?

I prefer to work on my own.

So that's a nice thing to keep in the back of your mind, this return on asset concept, and it's very closely tied to operating profits and the actual assets of a firm.

And that's because they have the same exact asset.

Thus The Pirate Bay isn't idealistic.

That's what depreciation does.

You little...

Twentyfourhour Alex Cam.

As of now... myself.