Sports GK Questions and Answers 2024 (Latest Updated)

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Question

Which of the following statements is/are correct with reference to the Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA)?

A It is a measure of profits.
B It ignores the quality of a company's earnings and can make it look cheaper than it really is.
C Both A & B
D None of these
Answer & Explanation
Option: Both A & B

Explanation:

State-owned telecom companies BSNL and MTNL turned EBITDA positive in the first half of financial year 2020-21, demonstrating a marked improvement in performance within a year of approval of their revival plan. EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a metric used to evaluate a company’s overall financial performance. EBITDA is a measure of profits. EBITDA also ignores the quality of a company's earnings and can make it look cheaper than it really is.
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