Earnings Before Interest, Taxes, Depreciation and Amortization
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High Quality Content by WIKIPEDIA articles EBITDA /iːˈbɪtdə/ is an acronym for earnings before interest, taxes, depreciation, and amortization. It is a non-GAAP metric that is measured exactly as stated. All interest, tax, depreciation and amortization entries in the income statement are reversed out from the bottom-line net income. It purports to measure cash earnings without accrual accounting, canceling tax-jurisdiction effects, and canceling the effects of different capital structures.
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