EARNINGS BEFORE INTEREST¸ TAXES AND DEPRECIATION (E.B.I.T.D.)


Meaning of EARNINGS BEFORE INTEREST¸ TAXES AND DEPRECIATION (E.B.I.T.D.) in English

A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and non-operating profit before the deduction of interest and income taxes. Depreciation expenses are not included in the costs.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.