Profit before interest and tax: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Spacing 21/8/13) |
imported>Doug Williamson (Link with Operating profit page.) |
||
| Line 13: | Line 13: | ||
* [[Interest cover]] | * [[Interest cover]] | ||
* [[Net operating profit after tax]] | * [[Net operating profit after tax]] | ||
* [[Operating profit]] | |||
* [[Return on capital employed]] | * [[Return on capital employed]] | ||
Revision as of 20:06, 17 November 2015
(PBIT).
A measure of the operating profitability of a business, before taking account of the effects of either:
i. The chosen capital structure; or
ii. Taxation.
The purpose of the measure being to facilitate comparability of underlying businesses.
