EBITDA

EBITDA stands for Earnings Before Interest, Tax, Depreciation and Amortization. EBITDA can be a useful tool to determine how much a company earned prior to any variable expenses. However, this figure is unregulated under generally accepted accounting principles and can be misleading because companies can alter the included items to calculate EBITDA. Therefore, if you are using this figure as a comparison figure, be sure to use ... Read more