Profit before interest and tax: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 21/8/13) |
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(PBIT). A measure of the operating profitability of a business, before taking account of the effects of either: | (PBIT). | ||
A measure of the operating profitability of a business, before taking account of the effects of either: | |||
i. The chosen capital structure; or | i. The chosen capital structure; or | ||
ii. Taxation. | ii. Taxation. | ||
The purpose of the measure being to facilitate comparability of underlying businesses. | The purpose of the measure being to facilitate comparability of underlying businesses. | ||
== See also == | == See also == | ||
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* [[Net operating profit after tax]] | * [[Net operating profit after tax]] | ||
* [[Return on capital employed]] | * [[Return on capital employed]] | ||
Revision as of 11:58, 21 August 2013
(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.
