As a reminder... EBITDA was a term created to determine how much debt a company could pay down. This helped P/E firms know how much they could lever a business/the price to pay.
— Ali Hamed (@AliBHamed) January 9, 2020
When someone adjusts their EBITDA decide: is this the amount of debt they could honestly pay down?
via Twitter https://twitter.com/AliBHamed
January 09, 2020 at 06:29PM
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