How does non-operating income affect EBITDA?

Intern in IB-M&A

How does non-operating income (i.e. securitization fees) affect EBITDA? If you have EBITDA of $50 and non-operating income of $5, what is your adjusted EBITDA?

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Jan 15, 2020

i'd let you use a non-operating effect to adjust my income if you know what i mean

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Jan 17, 2020

EBITDA is not an accounting term. It can mean anything. Normally you would exclude non-operating income (expense in your example I presume?) from EBITDA. You could differentiate between reported EBITDA and adjusted/normalised EBITDA if you want to make a clear distinction between the both.

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Jan 17, 2020
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