Business, Legal & Accounting Glossary
Earnings Before Interest, Depreciation And Amortization. By adding back interest and amortization payments as well as depreciation (a non-cash outflow expense), it allows the measurement of the cash that a company generates. It is more conservative than its more popular counterpart, EBITDA, which adds back tax payments as well.
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This glossary post was last updated: 17th November, 2021 | 0 Views.