SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 422.21+1.9%Jan 12 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: desert dweller who wrote (53089)8/3/2009 10:01:11 PM
From: Seeker of Truth3 Recommendations  Read Replies (3) of 219281
 
My pet theory concerns the use of the term EBITDA, i.e. Earnings
Before Interest, Taxes, Depreciation and Amortization. I submit
that those seriously using this term to describe their company's
earnings are either crooks or very ignorant people.
Suppose I borrow a billion, (Anybody know where I can do
this?) Then I will have an enormous EBITDA. But if we calculate
earnings AFTER interest, then I am negative, i.e. losing money.
Because I, in principle, don't know how to make more money than
bank interest. If we subtract D and A I and my shareholders are
in even worse straits. Yet, thousands of companies report this
way!!!
Stay Away
From EBITDA
You will benefit
EVERY WAY!
Seeker of Truth
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext