EBITD


Also found in: Acronyms.

EBITD

Earnings Before Interest, Taxes, and Depreciation

A measure of a company's ability to produce income on its operations in a given year. It is calculated as the company's revenue less its expenses (such as overhead), but including its tax liability, interest paid on debt, and depreciation. It is important to note that EBITD does not account for one-off or otherwise unusual revenues and expenses, only recurring ones. Depreciation is excluded because it is a deduction from profit that does not have to be paid in cash and is thus not useful for determining cash on hand. EBITD represents cash available to pay off creditors in the event of liquidation, and, as such, it is closely watched, especially when the company has little amortization. See also: EBIT.
References in periodicals archive ?
The ratio of these quantities to sales can be compared to the EBITD reported by CompustatPc.
The 2000 EBITD for Research Insight/CompustatPC contained 26.
The implication of this benchmarking is that the EBITDA-adjusted numbers in the press release are far more favorable than the average 2000 EBITD figure for loss companies as analyzed in Exhibit 2.
19) The accounting returns are for net income and EBITD.
The net income results for ROA and EBITD also show significantly positive associations between foreign ownership and firm performance.
Including the two aforementioned special items, EBITD for the year rose 2.
In addition to the double-digit EBITD gains, bottom-line results benefited from declines in interest expenses: down 9.
As of December 31, 1996, Jay's nine month net sales of CDN$31 million and EBITD of CDN$5.