• Aceticon@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    10 months ago

    If i’m not mistaken (not an accountant but did do the accounts of a tiny company at one point) Interest, Depreciation and Amortization go into the calculation of gross (i.e. before tax) profits, unlike with EBITDA

    • Clbull@lemmy.worldOP
      link
      fedilink
      English
      arrow-up
      2
      ·
      edit-2
      10 months ago

      EBITDA is used moreso in internal quarterly and monthly management accounts, which don’t follow the exact same structure as an annual report which companies have to publish annually by law and follow GAAP and IFRS guidelinss when preparing.