These companies must pay interest on their loans. EBITDA does not include this expense, since companies have varying debt structures. "Think of EBITDA as the starting line in a race, whereas net ...
EBITDA strips out the cost of debt capital and its tax effects by adding interest and taxes back to earnings. EBITDA also removes depreciation and amortization, a non-cash expense, from earnings.
SK Hynix Inc (FRA:HY9H) reports a robust Q4 with significant revenue growth and strategic advancements in high-value products, despite facing market uncertainties.