What happens if a company violates its financial covenants based on EBITDA?

Feb 27, 2025 ... Our non-GAAP financial measures are not meant to be considered ... We define Adjusted EBITDA as EBITDA adjusted to exclude (1) expenses ... What is EBITDA ... EBITDA is the most common measure of the earnings of a company in the middle market. It measures profitability from the core operations of the ... Mar 3, 2025 ... What is EBITDA? · Earnings: This means any income received from a product or investment. · Interest: Interest is money paid toward a loan or debt ... EBITDA. EBITDA full form stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is the alternate method of measuring profitability in ... Feb 14, 2022 ... (a). EBITDA is a non-GAAP financial measure. We define EBITDA as net income, plus interest expense, net, income taxes, depreciation and. Feb 5, 2025 ... We define Adjusted EBITDA margin as Adjusted EBITDA as a percentage of Gross Bookings. ... meant as a substitute for the related financial ... Apr 3, 2022 ... The EBITDA portion is the usual earnings before interest, tax, depreciation and amortisation. The additional 'AL' means 'after leases', with the ... EBITDA is defined as an indicator of a company's ability to make a continuous profit, net income outlines a company's total earnings. This difference means net ... Jul 11, 2014 ... "Clean EBITDA" or "Adjusted EBITDA" is essentially a modified version of EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) Nov 30, 2021 ... Financial covenants in syndicated loan agreements often rely on definitions of EBITDA that deviate from the GAAP definition.