The Great EBITDA Myth

Although some would describe EBITDA as a way to measure a company’s operating performance, free of debt cost, taxes, depreciation and amortization, veteran turnaround advisor Ted Gavin prefers to call EBITDA a fairytale told to investors and credit managers. In this no-holds-barred article, Gavin explains why …

The Great EBITDA Myth

By Ted Gavin, Managing Director, Founding Partner, Gavin/Solmonese LLC You’re a financial professional looking to reassure your company’s creditors of the soundness of your company’s financial footing. To do so, you need to act with determination to show that your interests in the creditor’s products or services are aligned with the creditors’ interests in getting […]