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A comment on Fantasy Math Is Helping Companies Spin Losses into Profits. Parent comment

Re:Fantasy Math Is Helping Companies Spin Losses into Profits by asmithmd1 on Monday April 25, 2016 @05:44PM (#11567618)
EBITDA - earnings before interest, taxes, depreciation, and amortization - is often used for companies that don't have large pieces of equipment that wear out.

http://www.investopedia.com/terms/e/ebitda.asp

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Re:Fantasy Math Is Helping Companies Spin Losses into Profits by frivoal on Tuesday April 26, 2016 @02:51AM (#11569911)
You still need to go through GAAP (or some other ruleset) to figure out what goes into the E I T D and A of the EBITDA.
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