Hi all,
I have read CHATGPT explanation as well as a few websites explanations. However I am still struggling to understand how looking at the EBITDA is a good indication of a companies health.
If I wanted to look at how profitable a company is, wouldn't looking at their NET be the best thing? Even taking into consideration that different companies write-off different things (e.g. two companies - one owns building the other does not).
Thanks all!