Stands for Earnings Before Interest, Taxation, Depreciation and Amortization. This is a calculation of company profitability that excludes a number of factors. In some cases, this is a preferred way of looking at company profitability than net earnings because it removes non-cash expenses and expenses that are tied to a business’s capital structure. Example: The company was able to raise debt corresponding to four times it’s annual EBITDA.
Business Management
7 Issues Each Startup Founder Must Know
The startup phase of your new enterprise will probably be an thrilling, exasperating, and predictably uncertain time on your new enterprise.