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 …
September 1, 2012
cash-flow | debt service | hypothetical company | working capital
ABF Journal