Short Description
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It’s a widely used financial metric that gives a rough measure of a company’s operating profitability by stripping out expenses that are non-operational (like interest and taxes) or non-cash (like depreciation and amortization). While not a perfect measure, EBITDA is often used to compare profitability across companies with different capital structures or tax situations.