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.
Henry C. Rogers: Upon books the collective education of the race depends; they are the sole instruments of registering, perpetuating and transmitting thought. Mickey Mehta: Love is the single most creative energy which is ever perpetuating. Forget God Love will do but don't forget Love God alone won't do.