Non-operating activities include interest expenses, tax rates, and large non-cash items such as depreciation and amortization. By removing the non-operating effects, EBITDA gives investors the ability to focus on the profitability of their operations.
Thomas Edison once speculated: Genius is one percent inspiration and ninety-nine percent perspiration.
âThe true sign of intelligence is not knowledge but imagination.â. Albert Einstein quotes (German born American Physicist who developed the special and general theories of relativity.