Wealth Added Index

(redirected from Wai)
Also found in: Dictionary, Acronyms, Idioms, Wikipedia.

Wealth Added Index

A measure of the wealth created for the shareholders of a publicly-traded company. Unlike most such measures, it does not account for profits or dividends; rather, the WAI assumes that wealth is created only if the return for the shareholders is greater than the cost of equity. Cost of equity is the return investors demand in exchange for taking on risk; the WAI holds that if the return does not exceed this, then shareholders are not receiving what they demand and are effectively destroying their own wealth by maintaining a position in the company.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
"While we think XOM's counter-cyclical approach will eventually pay off for shareholders, it leaves the company in a near-term FCF deficit after dividend payment in anything less than a $70 Brent price environment," Wai wrote in a note.
Wai Chi Holdings Company Limited is an established LED products manufacturer focusing on producing LED backlight and LED lighting products on an OEM and ODM basis.
Yun Yap was taken to the Southern Hospital in Caryl Street, where he was able to make a statement naming See Lee Wai as the gunman.
That is one of our differentiating factors,' says Wai Hong.
Aung Than Wai, one of the supporters at the scene, said: 'There was a crowd of reporters, family members and supporters present at the courthouse.
Wai, who has been with Elekta for 13 years, has held several senior management positions in the company, most recently as managing director of Elekta's operations in China.
Pic is prolific To's first directorial outing since 2009's "Vengeance," which was also written and produced by Milkyway Image partner Wai Ka-fai.
Wai laid the responsibility for the low loan demand on the ongoing job situation.
Throughout the partnership's decade-long history, WAI has helped a number of artists secure residencies abroad and as well as exchanges with foreign artists.
The folks behind WAI Radio have launched their new Internet radio station.
Wai Lana, host of the PBS series, Wai Lana Yoga, has designed the Little Yogis[TM] Kit for children ages three to eight.
In most cases, Wai finds, a product's label describes only how much bulk ginkgo tissue a tablet, powder, or tincture contains without quantifying the active agents.