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Any chance you have a comparison of EBITDA over the years? You've piqued my interest :P
by StudentStuff 8y ago
Any chance you have a comparison of EBITDA over the years? You've piqued my interest :P
- berberous 8y agoHere's an article that describes the issue: https://www.reuters.com/article/us-ebitda-loans/adjusted-ebitda-masks-higher-leverage-on-buyout-loans-idUSKBN1JW2HU https://www.reuters.com/article/us-ebitda-loans/adjusted-ebi... This article describes some of the addbacks in more detail (scroll down to the section entitled "EBITDA add-backs and other adjustments"): https://www.hoganlovells.com/publications/the-evolving-fiction-of-ebitda-in-the-european-leveraged-finance-loans-market https://www.hoganlovells.com/publications/the-evolving-ficti...
- XnoiVeX 8y agoThat's an eye opener for me. Thanks!