EBITDA is one of those terms that has received increased usage but usually for the wrong reason. This article will define it and discuss how it can be useful but also misleading.

EBITDA is fancy tax lingo for earnings before interest, taxes,depreciation, and amortization. It is calculated by taking operating income and adding back to it interest, depreciation and amortization expenses. EBITDA is used to analyze a company’s operating profitability before non-operating Continue reading

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