- Friday, July 1, 2011, 13:25
- Stock Research
Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) is an approximate measure of a company's operating cash flow based on data from the company's income statement. It is calculated as follows by looking at earnings before the deduction of interest expenses, taxes, depreciation, and amortization:
EBITDA = Revenue - Expenses ...
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