EBITDA EBITDA
Earnings before interest, taxes, depreciation, and amortisation — a core profitability measure. Interest, taxes, depreciation और amortisation से पहले की कमाई — core profitability का पैमाना।
EBITDA strips away financing costs and accounting write-offs to reveal the raw operating earning power of a business: EBITDA = Operating Profit + Depreciation + Amortisation. It is widely used to compare profitability across companies with different debt levels or depreciation policies. A Nifty 50 telecom company might post thin net profit but strong EBITDA of ₹40,000 crore, reflecting robust operational cash generation even after heavy interest charges. EBITDA is also the denominator in the popular EV/EBITDA valuation multiple.
EBITDA financing costs और accounting write-offs को हटाकर किसी business की raw operating earning power दिखाता है: EBITDA = Operating Profit + Depreciation + Amortisation. अलग-अलग debt levels या depreciation policies वाली कंपनियों की profitability compare करने के लिए इसका खूब इस्तेमाल होता है। Nifty 50 की कोई telecom कंपनी thin net profit दिखा सकती है लेकिन ₹40,000 crore का strong EBITDA — यानी heavy interest charges के बाद भी मज़बूत operational cash generation। EBITDA popular EV/EBITDA valuation multiple का denominator भी है।