EBTDA - What does EBTDA stand for? The Free Dictionary
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Additionally, management believes that the presentation of EBTDA
as a percentage of net sales is useful to investors because it provides a reliable and consistent approach to measuring the Company's performance from year to year and in assessing the Company's performance against other companies.
We use EBTDA
as a key performance indicator of how we are performing compared to prior periods and compared to our operating plan.
A reconciliation of EBTDA
to net earnings is included below.
Leverage, as measured by total debt to EBTDA
, has steadily declined while cash balances had build up.
EBITDA margin is calculated as EBTDA
divided by total revenues.
The Company's cash position at year-end was approximately $36 million which, based on management's current projections, is expected to be sufficient to take the Company to EBTDA