EBITDA
EBITDA is earnings before interest, taxes, depreciation and amortisation: operating profit with debt costs and non-cash charges added back. It compares businesses with different debt loads and says nothing about what shareholders receive, so read it next to free cash flow and the guide, and remember interest costs rise with the Fed.
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In MochaLearnLearn how to read US earningsRelated terms
- Free cash flowFree cash flow is the cash a business brings in from operations minus what it spends on equipment and buildings.…
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