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EBITDA, Explained! - Earnings before Interest, Taxes, Depreciation and Amortization.

"EBITDA... What is that?!?" Hey Taxpayers, Tiffany Gonzalez CPA is back with another great installment of "What is that?!?" Where we bring you financial terms and topics you may have heard, but we make them super easy to understand. Today we are talking about EBITDA, Earnings before Interest, Taxes, Depreciation and Amortization. This is a measure of a companies operational profitability and can tell you a lot about how a business is doing. EBITDA was created in the 1970s and has been helping investors make decisions ever since. If you are a business owner, understanding this metric can really help you understand how profitable you are from your core services. Tune in and get your financial I.Q. up! Accounting to Scale is dedicated to the betterment of the community through financial education. Please leave any topics you wish to learn about or feel should be talked about in the comments below. Contact us: ☎ 305.503.2814 🖥www.accountingtoscale.com [email protected] #MiamiAccounting #Smallbusinessmiami #MiamiCPA #MiamiBookkeeper #MiamiBookkeeping #Lifeinsurance #financialplanning #retirementplanning #401k #Roth401k #roth #SEP #SEPIRA #taxtips