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Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization, and Exploration Expenses - EBITDAX
What does it mean?
An indicator of a company's financial performance calculated as:
= Revenue - Expenses (excluding tax, interest, depreciation, depletion, amortization, and exploration expenses)
In Other Words...
EBITDAX is used when reporting earnings for oil and mineral exploration companies. It excludes costly exploration expenses and gives the true EBITDA of the firm.
This is especially useful when a company wants to acquire another company. The EBITDAX would cover any loan payments needed to finance the takeover.
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Related Terms
Amortization | Depreciation | Earnings | EBIT | EBITD | EBITDA | Income Tax | Net Income | Takeover
1 |
A | B |
C | D |
E | F |
G | H |
I | J |
K | L |
M | N |
O | P |
Q | R |
S | T |
U | V |
W | X |
Y | Z
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