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.
There is no shortage of feel-good inspirational quotes attributed to Helen Keller. âNever bend your head, hold it high. Look the world straight in the eye,â one of them goes. âKeep your face in the sunshine and you cannot see a shadow,â instructs another. Or, âOptimism is the faith that leads to achievement.â