Definition for : EBITDA, Earnings before interest, tax, depreciation and amortisation

EBITDA is the result of the operating cycle, which is equal to the balance of Operating revenues and cash Operating charges incurred to obtain these Revenues. EBITDA is also called Gross operating profit.

(See Chapter 9 Margin analysis: Structure of the Vernimmen)

To know more about it, look at what we have already written on this subject