Profit and Loss account and Profit before interest and tax: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Update link.) |
imported>Doug Williamson m (Categorise.) |
||
Line 1: | Line 1: | ||
(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. | |||
== See also == | == See also == | ||
* [[ | * [[Interest cover]] | ||
* [[ | * [[Net operating profit after tax]] | ||
* [[ | * [[Operating profit]] | ||
* [[Return on capital employed]] | |||
* [[ | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] |
Revision as of 10:42, 28 February 2018
(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.