In case anyone was wondering - EBITDA, or earnings before interest, taxes, depreciation, and amortization, is an alternate measure of profitability to net income. By including depreciation and amortization as well as taxes and debt payment costs, EBITDA attempts to represent the cash profit generated by the company's operations.
Not a EBITDA fan. In an age of easy debt seems to reduce visibility of debt. I'm no expert but that's how I've understood it.
reply