USA Learning to read P&L

[DonM77]

Looking at line 40 (ebitda) for actual vs plan. Does it mean my business gained 34,993?

 

[kirby]

No clue because you did not include the column headings.

 

[DonM77]

No clue because you did not include the column headings.

Left column is actual, right column is plan

 

[kirby]

Answer is "No"
EBITDA is a term meaning "Earnings BEFORE Interest, Taxes, and Depreciation". To find if your business earned anything you need the "Net Income" number, which is not on the report.

 

[DonM77]

Answer is "No"
EBITDA is a term meaning "Earnings BEFORE Interest, Taxes, and Depreciation". To find if your business earned anything you need the "Net Income" number, which is not on the report.

Yes that line isn't on the report, believe my company uses the ebitda line*(profit)