EBITDA
1. earnings before interest, taxes, depreciation and amortization.
2. earnings before i trick the d-mn auditor
what is your ebitda this year?
for the college student:
earnings before interest, tuition, drugs, and alcohol
john’s ebitda for the year was negative $15,000 because he could not find summer employment, his parents stopped paying his tuition, he got addicted to drugs, and his binge drinking continued
in finance, “earnings before interest, taxes, depreciation and amortization,” sometimes “ebit-da.” in accounting, a way-station in the slow morph from “conceptual” to “pure cash flow” reporting. compare “ebawdwtcae”–“earnings before anything we don’t want to count as expenses.”
the net is negative but the ebitda is sensational.
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