Author Archives: Anna-Liisa Orglaan

What is EBITDA and what is it used for?

Everyone who has dealt with business or financial matters has probably heard of the abbreviation EBITDA. What exactly is it and how do you understand it? The abbreviation comes from the English expression Earnings Before Interest, Taxes, Depreciation, and Amortization. Simply put, it shows a company's ability to earn money, regardless of the company's obligations to creditors, depreciation and income tax expense. However, […]