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.
Consider the claim that 90% of the mind's power is unused.. That is a statement many people believe. The Nobel Prize winning neurophysiology Sir John Eccles apparently repeated that idea at a lecture at the University of Colorado.