What is 'EBITDA - Earnings Before Interest, Taxes, Depreciation and Amortization'
EBITDA stands for earnings before interest, taxes, depreciation and amortization. EBITDA is one indicator of a company's financial performance and is used as a proxy for the earning potential of a business, although doing so has its drawbacks. Further, EBITDA strips out the cost of debt capital and its tax effects by adding back interest and taxes to earnings.
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Read more: EBITDA - Earnings Before Interest, Taxes, Depreciation and Amortization http://www.investopedia.com/terms/e/ebitda.asp#ixzz4x4QRxk5P
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News: RNE Renu Energy sees annual EBITDA from its current portfolio at about $2.0 mln, page-3
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