Profit before interest and tax: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Categorise.) |
imported>Doug Williamson (Add link.) |
||
| (One intermediate revision by the same user not shown) | |||
| Line 11: | Line 11: | ||
== See also == | == See also == | ||
* [[Capital structure]] | |||
* [[Earnings]] | |||
* [[Gross profit]] | |||
* [[Interest cover]] | * [[Interest cover]] | ||
* [[Net operating profit after tax]] | * [[Net operating profit after tax]] | ||
* [[Net profit]] | |||
* [[Operating profit]] | * [[Operating profit]] | ||
* [[Return on capital employed]] | * [[Return on capital employed]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 23:22, 30 December 2020
(PBIT).
A measure of the operating profitability of a business, before taking account of the effects of either:
- The chosen capital structure; or
- Taxation.
The purpose of the PBIT measure is to facilitate comparability of underlying businesses, cleaned of any distortions caused by different capital structures or different tax positions.
