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Internal measure

    0.29 sec.
Internal measure
The number of days that a firm can finance operations without additional cash income.

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In essence, this is best described as "residual income"-the only internal measure of corporate performance to tie directly to value.
The Company also uses adjusted EBITDA, which accounts for certain items unrelated to ongoing operations, as an internal measure of business operating performance.
The Company uses proforma EBITDA as an internal measure and believes it is also considered as a measure of performance by the investment community.
 
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