Cash Return on Gross Investment - CROGI

What Does It Mean?
What Does Cash Return on Gross Investment - CROGI Mean?
A measure of financial performance calculated as gross cash flow after taxes divided by gross investment.
Investopedia Says
Investopedia explains Cash Return on Gross Investment - CROGI
CROGI is used by some companies as an indicator for rate of return. Another way to calculate this measure is EBITDA less taxes and then divided by total assets.
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