Changes

'''EBITDA''' means Earnings Before Interest [[Tax|Taxes]] Depreciation and Amortization.  It is a very quick estimation of a company's operating cash flow.

'''EBITDA''' means '''Earnings Before Interest [[Tax]]es Depreciation and Amortization'''.  It is a very quick estimation of a company's operating cash flow.

Many lenders require their customers to report EBITDA to them on a quarterly basis as it's own number or as part of a ratio.  These 'covenants' are used by the lenders as indicators of the solidity of their loans.

Many lenders require their customers to report EBITDA to them on a quarterly basis as it's own number or as part of a ratio.  These 'covenants' are used by the lenders as indicators of the solidity of their loans.