Net Operating Capital (NOC) is the amount of capital an organization has available for operations after subtracting its current liabilities from its current assets. It’s a measure of the working capital an organization has to support day-to-day operations, fund expansion plans and make investments in new opportunities. NOC is essential for a company’s success – without sufficient operating capital, it can struggle to pay its bills, acquire new customers and retain existing ones. To ensure your business can maintain healthy net operating capital, it’s important to stay on top of your debt, reinvest a portion of profits each year and use financing to supplement cash flow when necessary.