EBIT (Earnings Before Interest and Tax)：息税前利润；

EBITDA(Earnings Before Interest, Tax, Depreciation and Amortization)：息税折旧摊销前利润。

EBITDA 税息折旧及摊销前利润，是 Earnings Before Interest, Taxes, Depreciation Amortization的缩写，即未计利息、税项、折旧及摊销前的利润。

EBITDA=净利润+所得税+利息+折旧+摊销

或

EBITDA=EBIT+折旧+摊销

EBITA非常适合用来评价一些前期资本支出巨大，而且需要在一个很长的期间内对前期投入进行摊销的行业，比如核电行业、酒店业、物业出租业等。EBITDA是从另外一种角度反映企业盈利能力。EBITA营业收入反映了企业每1块钱的营业收入能够带来多少EBITDA利润。EBITDA是一种利润衡量指标。目前国内的会计准则和上市公司财报披露指引虽然没有强制规定上市公司必须披露EBITDA值，但根据公司财务报表中的数据和信息，投资者和分析员可以很容易计算出公司的EBITDA值。

What Is EBITA?

Earnings before interest, taxes, and amortization (EBITA) is a measure of company profitability used by investors. It is helpful for comparison of one company to another in the same line of business. In some cases, it also can provide a more accurate view of the company's real performance over time.

Another similar measure adds depreciation to the list of factors to be eliminated from the earnings total. That is earnings before interest, taxes, depreciation, and amortization (EBITDA).

Understanding EBITA

A company's EBITA is considered by some analysts and investors to be a more accurate representation of its real earnings. It removes from the equation the taxes owed, the interest on company debt, and the effects of amortization, which is the accounting practice of writing off the cost of an asset over a period of years.

One benefit is that it more clearly indicates how much cash flow a company has on hand to reinvest in the business or pay dividends. It also is seen as an indicator of the efficiency of a company's operations.

EBITA vs. EBITDA

EBITA is not used as commonly as EBITDA, which adds depreciation into the calculation. Depreciation, in company accounting, is the recording of the reduced value of the company's assets over time. It's the wear and tear on the equipment and facilities. Some companies such as those in the utilities, manufacturing, and telecommunications industries, require significant expenditures in equipment and infrastructure, which are reflected in their books.

KEY TAKEAWAYS

EBITA can provide a more accurate view of a company's real performance over time.

EBITA removes several factors that may distort the picture of a company's performance over time.

The measure also allows easier comparison of one company to another in the same industry.

Both EBITA and EBITDA are useful tools in gauging a company's operating profitability. Profitability is earnings generated throughout the ordinary course of doing business. A clearer picture of the company's profitability may be gained if capital expenditures and financing costs are subtracted from the official earnings total.

Analysts generally consider both EBITA and EBITDA to be reliable indicators of a company’s cash flow. However, some industries require significant investment in fixed assets. Using EBITA to evaluate companies in those industries may distort a company's profitability by ignoring the depreciation of those assets. EBITA is deemed to be a more appropriate measure of its operating profitability.

In other words, the EBITA measurement may be used instead of EBITDA for companies that have substantial capital expenditures which may skew the numbers.

Calculation of EBITA

To calculate a company's EBITA, an analyst must first determine the company’s earnings before tax (EBT). This figure appears in the company's income statements and other investor relations materials. Add to this figure any interest and amortization costs. So, the formula is:

EBITA = EBT + interest expense + amortization expense.

参考资料

https://www.investopedia.com/terms/e/ebita.asp

https://zhidao.baidu.com/question/427103786.html

Kotlin 开发者社区

国内第一Kotlin 开发者社区公众号，主要分享、交流 Kotlin 编程语言、Spring Boot、Android、React.js/Node.js、函数式编程、编程思想等相关主题。

越是喧嚣的世界，越需要宁静的思考。

What Is EBITA ?相关推荐

阿里影业业绩：2023财年经调整EBITA盈利2.95亿元，同比增加106%
今年以来,社会经济加速恢复,影视业也在加速抓住市场机遇,走进电影院的佳作和消费者都在顺势增长. 5月31日,阿里影业(01060)发布2022/23财年业绩,得益于业务结构的多样化建设及运营效率的持续 ...
2022计算机行业技术策略报告
‍ ‍ 在全球数字经济蓬勃发展的背景下,云计算已经成为企业数字化转型的必然选择.随着我国云计算政策环境日趋完善,云计算技术持续快速发展,云计算应用从互联网行业向政务.金融.工业.医疗等传统行业加速渗透 ...
最前线｜阿里大文娱板块Q3营收同比增长20%，优酷及UC业务带动显著
1月30日,阿里巴巴发布了截至2018年12月31日的2019财年Q3财报.财报显示,阿里大文娱归属的数字媒体与娱乐业务,在报告期内实现收入64.91亿元,较上年同期增长20%. 调整后的息税折旧摊销 ...
电商三巨头交成绩单，这次拼多多输了吗？
在GMV增速层面,二季度对比全国的大盘,阿里中规中矩,京东略超大盘,但二者都好于一季度成绩:一直远远跑赢全国大盘的拼多多,虽然二季度同样跑赢大盘,但相比普遍认为更糟糕的一季度,却出现了意外大跌. 腾讯 ...
十荟团关停全国业务社区电商开启“降本增效”大突围
3月29日消息,日前,据界面报道,十荟团全国所有业务均已关停,公司目前在着手处理供应商货款清算.员工工资结算赔付等善后问题. 据悉,十荟团曾在2021年年初拿到阿里巴巴领投的7.5亿美元投资,但从部分 ...
净利下降7成、新业务“扛大旗” 阿里转型更需耐心
股价低迷.被罚款.国内竞争加剧,过去的2021年,阿里巴巴遇到了一个又一个挑战,直观可见的就是股价的下跌.而昨天发布的2021年第四季度财报,似乎也在印证着外界对于阿里的唱衰. 但需要注意的是,没有一 ...
有钱就是任性！阿里20亿美元拿下网易考拉：欢迎加入阿里动物园
杭州作为中国电商的"福地",聚集了多家头部电商企业以及心怀梦想的淘宝店主.就在今天,作为跨境电商的老大和老二,阿里和网易考拉正式宣布"在一起".虽然,这中间经历 ...
阿里巴巴超越腾讯重新成为中国市值最高上市公司！
北京时间1月30日晚间,美股开盘前,阿里巴巴集团对外发布了2019财年第三财季财报,营收和利润双增长,更是成为中国首个实现单季营收破千亿的互联网公司.受此影响,阿里巴巴股价盘前一度大涨超5%.截至美股 ...
【产业互联网周报】容联云下周纽交所挂牌；声网Agora因Clubhouse股价周内涨超30%；贝索斯将卸任亚马逊CEO...
关注ITValue,看企业级最新鲜.最价值报道! [产业互联网周报是由钛媒体TMTpost发布的特色产品,将整合本周最重要的企业级服务.云计算.大数据领域的前沿趋势.重磅政策及行研报告.] 本周(2月 ...

What Is EBITA ?