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> it will maintain profitability in 2017 before interest, taxes and amortization Because those aren't real expenses ?
by simula67 10y ago
> it will maintain profitability in 2017 before interest, taxes and amortization
Because those aren't real expenses ?
- jasode 10y ago[B]efore [I]nterest, [T]axes and [A]mortization is a substring of EBITA: https://en.wikipedia.org/wiki/Earnings_before_interest,_taxes,_and_amortization https://en.wikipedia.org/wiki/Earnings_before_interest,_taxe... It's an accounting phrase describing one measure of operating cashflow. Since the Bloomberg story is intended for non-accountants, they decided to spell out each word instead of using the acronym.
- deleted 10y ago[deleted]