EBITDA

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.

See also

• Amortisation
• Capital structure
• Depreciation
• Earnings
• EBIT
• EBITDA multiple
• EBITDAR
• Interest
• Multiples valuation
• PBT