earnings before interest, taxes, depreciation, and amortization (EBITDA)
Definition
Computed by subtracting cost of sales and operating expenses (but not amortization and/or depreciation, interest, and taxes) from total revenue. EBITDA figure is used usually as a measure of the financial performance of a firm with large capital, restructuring, or acquisition costs.
Popular 'Accounting & Auditing' Terms
earnings before interest, taxes, depreciation, and amortization (EBITDA) in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/earnings-before-interest-taxes-depreciation-and-amortization-EBITDA.html
