EBITDA: Difference between revisions
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imported>Doug Williamson (Expanded for alternative long-form version. Source: ACT CertICM Reading 13.11.1 page 13.19, April 2014 season.) |
imported>Doug Williamson (Link with new EBITDA multiple page.) |
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== See also == | == See also == | ||
* [[EBIT]] | * [[EBIT]] | ||
* [[EBITDA | * [[EBITDA multiple]] | ||
[[Category: | [[Category:Long_term_funding]] | ||
[[Category: | [[Category:Treasury_operations_infrastructure]] | ||
[[Category: | [[Category:Corporate_finance]] | ||
[[Category: | [[Category:Treasury_operations_infrastructure]] | ||
Revision as of 14:58, 23 October 2014
Earnings Before Interest, Tax, Depreciation and Amortisation.
EBITDA is designed to compare underlying operating performance over time or between businesses, free from any distortions caused by differing financial structures, tax, or the historical cost of fixed assets.
It is sometimes written out in full in a slightly different order - especially in North America - as:
Earnings Before Tax, Interest, Depreciation and Amortisation.
(But it is still abbreviated to EBITDA in either case.)
