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.
Everybody probably knows Albert Einstein. He was considered a genius because of his helpful contribution in science and math. He was named as Father of Modern Physics because of his Theory of Relativity and his formula E = mc2.