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.
Thomas Alva Edison said: Genius is 1% inspiration and 99% perspiration! and: Thomas Alva Edison quotes (Most famous American Inventor who, singly or jointly, held a world record 1.093 patents.