# EBITDA

*Saving & Investing — Finicade finance glossary*

Earnings before interest, taxes, depreciation and amortisation — a rough proxy for the cash a business's core operations throw off. Popular for comparing firms, but it flatters companies by ignoring real costs.

**Related terms:** [Free Cash Flow](https://finicade.com/glossary/free-cash-flow), [Enterprise Value](https://finicade.com/glossary/enterprise-value), [Operating Income (EBIT)](https://finicade.com/glossary/operating-income)

Source: https://finicade.com/glossary/ebitda