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.
From left, Aaron Jennings, Augustus Prew and Dermot Mulroney in âPure Genius,â beginning Thursday on CBS. Credit Bill Inoshita/CBS. One reason HBOâs âSilicon Valleyâ is so brilliant is that it captures a specific kind of smugness: the insistence that every billion-dollar app exists to change the world.