MintGenie Explains: All you need to know about EBITDA
When it comes to determining a company's financial success, EBITDA is frequently used. We've covered all there is to know about EBITDA, including the formula, computation, and benefits and drawbacks.
EBITDA, or earnings before interest, taxes, depreciation, and amortisation, is a financial performance indicator that can be used instead of net income in some situations. EBITDA, on the other hand, might be deceiving because it excludes the cost of capital investments such as property, facilities, and equipment.
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