EBITDA

Earnings Before Interest, Taxes, Depreciation, and Amortization E = net income I = interest T = taxes D = deprecation A = amoritization is a measure of a company’s overall financial performance and is used as an alternative to net income in some circumstances. EBITDA, however, can be misleading because it does not reflect the cost of capital investments like property, plants, and equipment. This metric also excludes expenses associated with debt by adding back interest expense and taxes to earni...

원문링크 : EBITDA