You are calculating the Annualized Loss Expectancy (ALE) using the following formula: ALE=AV * EF...

It represents how many times per year a specific threat occurs.

It represents the percentage of loss that an asset experiences if an anticipated threat occurs.

It is expected loss for an asset due to a risk over a one year period.

It represents the total cost of an asset, including the purchase price, recurring maintenance, expenses, and all other costs.