How EBITA Helps Investors Evaluate Company Performance.

EBITA, or earnings before interest, taxes, and amortization, is a financial metric that helps investors evaluate a company’s performance. EBITA excludes items that can be affected by a company’s capital structure or tax status, making it a more accurate measure of operating profitability. EBITA is calculated by adding back interest expense, income taxes, and amortization … Read more

Best Efforts.

The phrase “best efforts” is commonly used in the securities industry and refers to the level of effort that an underwriter of a securities offering will expend in order to sell the securities. In a best efforts offering, the underwriter agrees to use its best efforts to sell the securities, but does not guarantee that … Read more