An indicator of a company's financial performance calculated as:
= Revenue - COGS - Expenses (including taxes and excluding interest)
Where:
COGS= cost of goods sold
This is one variation of Earnings Before Interest and Tax - EBIT.
Investment dictionary. Academic. 2012.
Earnings Before Interest After Taxes — ( EBIAT) A financial measure defined as revenues less cost of goods sold and selling, general and administrative expenses. In other words, operating and nonoperating profit before the deduction of interest plus cash income taxes. Equivalent to… … Financial and business terms
EBIAT — ( Earnings Before Interest After Taxes) A financial measure defined as revenues less cost of goods sold and selling, general and administrative expenses. In other words, operating and nonoperating profit before the deduction of interest plus cash … Financial and business terms
free cash flows — cash not required for operations or for reinvestment. Often defined as earnings before interest (often obtained from the operating income line on the income statement) less capital expenditures less the change in working capital. In terms of a… … Financial and business terms
