APM syllabus

EBITDA Summary 15 / 23

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EBITDA

Operating Profit (PBIT) not including Depreciation (Amortisation)

Also less one-off items

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EBITDA

Operating Profit (PBIT) not including Depreciation (Amortisation)

Also less one-off items

Page 1
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It's idea is to show Underlying Profit

by getting rid of accounting adjustments (non-cash) and one off items

Next
It's idea is to show Underlying Profit

by getting rid of accounting adjustments (non-cash) and one off items

Page 2
Prev
EBITDA can also be misused and manipulated

Also it doesn't take into account the need for Capital purchases

Next
EBITDA can also be misused and manipulated

Also it doesn't take into account the need for Capital purchases

Page 3

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