Financial analysts use EBITDA
as a measure of the financial health of a company, to calculate simple valuations of a firm based on EBITDA
multiples, and often times as a measure of a company's operating cash flows.
This year's benchmarks also include a European Average Index which has been calculated based on the average EBITDA
margin since 2006.
Margin 2008 - Emerging Markets (14 Operators)
is defined as net income (loss), plus interest expense net of interest income, income tax provision (benefit), depreciation and amortization.
Leverage as measured by consolidated debt to EBITDA
is currently around 3.
While Total debt to LTM EBITDA
for DL is expected to be approximately at 4.
B&G Foods presents EBITDA
(net income before net interest expense, income taxes, depreciation and amortization) and adjusted EBITDA
as adjusted for restructuring charges incurred in fiscal 2005) because B&G Foods believes they are useful indicators of its historical debt capacity and ability to service debt.
The Company refers to Operating Income (gross profit less general, administrative and selling expenses) and EBITDA
(earnings before interest, taxes, depreciation and amortization, interest and other income/expense and loss on extinguishment of debt).
grew 4% in the fourth quarter of 2006 to US$934 million and 16% to US$4.
30, 2006 and operating EBITDA
of approximately $475 million-$500 million, or approximately 30% of Kodak's total operating EBITDA
in the period.
Telcel business fundamentals are supported by strong demand growth and stable EBITDA
margins, which result in strong cash flow generation.
These expenses are expected to cause the company to have net losses and negative EBITDA
for the fiscal year ended December 29, 2006.