Income Statement - The Good and Bad of EBITDA
In this income statement lesson, Joe Knight talks about one of the key income statement measures used to determine the value of a company, EBITDA. EBITDA has a mixed history, starting as the number everyone on Wall Street watched to becoming a source of cooking the books and fraud.
What You Will Learn
After viewing this lesson, you will be able to:
- Define EBITDA
- Explain why EBITDA is an important measure
- Describe how EBITDA was used to cook the books