Earnings before Interest, Taxes, Depreciation, Amortization and Special Losses (EBITDAL)
Definition
A measure of a company's gross profits before the deduction of any liabilities, such as interest and taxes owed, depreciation of property, loan payments, and other losses. This measure is a good indicator of a company's ability to be profitable. However, it is not a good indicator of a company's actual cash flow.
