EBITDA definition

EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period
EBITDA means, with respect to any Person for any period, the net income for such Person for such period plus the sum of the amounts for such period included in determining such net income in respect of (i) interest expense, (ii) income tax expense, and (iii) depreciation and amortization expense, in each case as determined in accordance with GAAP.

Examples of EBITDA in a sentence

  • As a result of a challenging environment and the impact of the gap in the timing between funding our capital program and the time the assets are placed in service and begin to generate cash flow, we expect our long-term debt-to-adjusted EBITDA to be above our target range for the near-term.

  • From time to time, we may be outside the parameters of our targeted credit profile as, in certain cases, capital expenditures and acquisitions may be financed initially using debt or there may be delays in realizing anticipated synergies from acquisitions or contributions from expansion capital projects to adjusted EBITDA.

  • We target a credit profile with the following attributes: • an average long-term debt-to-total capitalization ratio of approximately 50% or less; • a long-term debt-to-adjusted EBITDA multiple averaging between 3.5x and 4.0x (adjusted EBITDA is earnings before interest, taxes, depreciation and amortization and further adjusted for selected items that impact comparability.

  • We expect this leverage ratio will improve and return to our targeted levels as we execute our Leverage Reduction Plan (discussed further below), and as the industry recovers and we realize EBITDA growth from our capital investments.


More Definitions of EBITDA

EBITDA means (a) Net Income, plus (b) Interest Expense, plus (c) to the extent deducted in the calculation of Net Income, depreciation expense and amortization expense, plus (d) income tax expense.
EBITDA means, in respect of the Reference Period, the consolidated profit of the Group from ordinary activities according to the latest Financial Report(s):
EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus (a) the sum of (in each case without duplication and to the extent the respective amounts described in subclauses (i) through (xiii) of this clause (a) reduced such Consolidated Net Income (and were not excluded therefrom) for the respective period for which EBITDA is being determined):
EBITDA means, for any period, the sum of:
EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period:
EBITDA means, with respect to the Company, for any period, the sum of the amounts for such period of (i) Adjusted Consolidated Net Income, (ii) Interest Expense, (iii) provisions for taxes based on income including state franchise taxes based on income, (iv) total consolidated depreciation expense, (v) total consolidated amortization expense, and (vi) other non-cash items reducing Adjusted Consolidated Net Income less other non-cash items increasing Adjusted Consolidated Net Income.
EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income: