Definition
Earnings before interest, taxes, depreciation, and amortization.
Why it’s relevant today
Companies and lenders use EBITDA to compare operating capacity.
Why it matters
It aids comparison but is not cash flow or net profit.
Earnings before interest, taxes, depreciation, and amortization.
Companies and lenders use EBITDA to compare operating capacity.
It aids comparison but is not cash flow or net profit.
Discussion
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