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| (PBIT).
| | See Random walk. |
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| A measure of the operating profitability of a business, before taking account of the effects of either:
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| #The chosen capital structure; or
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| #Taxation.
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| 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.
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| == See also == | | == See also == |
| * [[Interest cover]] | | * [[Random walk]] |
| * [[Net operating profit after tax]]
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| * [[Operating profit]]
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| * [[Return on capital employed]]
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| [[Category:Accounting,_tax_and_regulation]]
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Revision as of 20:37, 7 May 2016
See Random walk.
See also
