A company 's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA , pronounced / ˈ iː b ɪ t d ɑː , - b ə -, ˈ ɛ -/ ) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset base. It is derived by subtracting from revenues all costs of the operating business (e.g. wages, costs of raw materials, services ...) but not decline in asset value, cost of borrowing and obligations to governments. Although lease have been capitalised in the balance sheet (and depreciated in the profit and loss statement) since IFRS 16 , its expenses are often still adjusted back into EBITDA given they are deemed operational in nature.
30-511: Meaden is the surname of: Deborah Meaden (born 1959), English businesswoman Henry Meaden (1862–?), English cricketer John Meaden , Bishop of Newfoundland 1956–1965 Levi Meaden (born c.1987), Canadian actor Peter Meaden (1941–1978), music publicist, managed the Who Terence Meaden (born 1935), British archaeologist [REDACTED] Surname list This page lists people with
60-473: A plant-based diet . In politics, she endorsed the Liberal Democrats in 2019 and has endorsed Labour in 2024. In August 2022, Meaden revealed that she had been diagnosed with squamous cell carcinoma , a type of skin cancer , in 2015, after her makeup artist noticed a suspicious small spot on her face around six weeks prior to her diagnosis. In July 2010, Meaden was awarded an honorary degree from
90-516: A certain company trades at x times EBITDA, meaning that the company value as expressed through its stock price equates to x times its EBITDA). In its attempt to display EBITDA as a measure of the underlying profitability of the operating business, EBITDA is often adjusted for extraordinary expenses, i.e. expenses that the company believes do not occur on a regular basis. These adjustments can include bad debt expenses, any legal settlements paid, costs for acquisitions, charitable contributions and salaries of
120-409: A company's capacity to generate cash flow while effectively utilizing leveraged debt and reinvesting profits to minimize taxes—an approach that defined his investment philosophy. EBITDA regained popularity during the dot-com boom , gaining popularity as a benchmark for assessing the financial health of rapidly expanding, technology companies. EBITDA is widely used when assessing the performance of
150-451: A company. EBITDA is useful to assess the underlying profitability of the operating businesses alone, i.e. how much profit the business generates by providing the services, selling the goods etc. in the given time period. This type of analysis is useful to get a view of the profitability of the operating business alone, as the cost items ignored in the EBITDA computation are largely independent from
180-530: A dispute over the granting of village green status to a field on which Mudstone LLP, a firm in which she is a partner, wished to build 48 homes. Meaden is known for her appearances as an investor ('dragon') on the BBC Two series Dragons' Den , where she took over from Rachel Elnaugh in the third series in August 2006. Like Elnaugh, Meaden was the only female investor, although this changed in subsequent seasons with
210-419: A ghostwriting service, Professional Ghost, to complete the project. In 2023, she published Why Money Matters , aimed at six to nine year olds, illustrated by Hao Hao. The following year, Deborah Meaden Talks Money was aimed at young adults. In November 2009, Meaden featured in a short film to promote Somerset to businesses, commissioned by Into Somerset , having previously recorded two other short films for
240-521: A period property near Langport in Somerset with numerous animals. Meaden bought the property in 2006 after selling her Weststar Holidays business for £33 million. Since then, the house has undergone extensive renovations using period accurate materials. Meaden has listed her favourite film as The Shawshank Redemption , her favourite holiday destination as Central and South America and her favourite sport as rugby union . In October 2020, Meaden adopted
270-587: A sales-room model in a fashion house. After graduation, she moved to Italy at 19 and set up a glass and ceramics export agency, which sold products to retailers including Harvey Nichols . The company failed after 18 months. Meaden and a partner bought one of the first Stefanel textile franchises in the UK, which was based in the West Country ; she sold out two years later to her partner for £10,000. She then had several successful leisure and retail businesses, including
300-587: A spell operating a Prize Bingo at Butlins in Minehead . In 1988, Meaden joined her family's business to run its amusement arcade operations and in 1992, joined Weststar Holidays, a family holiday park operator based in Exeter , Devon, with its major sites in South West England . In 1999, she led a management buyout and acquired the majority shareholding. By the time she sold the company six years later, Weststar
330-418: A useful metric, one should not rely on EBITDA alone when assessing the performance of a company. The biggest criticism of using EBITDA as a measure to assess company performance is that it ignores the need for capital expenditures in its assessment. However, capital expenditures are needed to maintain the asset base which in turn allows for generating EBITDA. Warren Buffett famously asked, "Does management think
SECTION 10
#1732851268963360-484: Is a non- GAAP metric that has been introduced following the global COVID-19 pandemic . EBITDAC is a special case of adjusted EBITDA. On 13 May 2020, the Financial Times mentioned that German manufacturing group Schenck Process was the first European company to use the term in their quarterly reporting. The company had added back €5.4m of first-quarter 2020 profits that it said it would have made were it not for
390-577: Is different from Wikidata All set index articles Deborah Meaden Deborah Sonia Meaden FRSA (born 11 February 1959) is a British businessperson and TV personality who ran a multimillion-pound family holiday business, before completing a management buyout . She is best known for her appearances as a 'Dragon' on the BBC business programme Dragons' Den . Meaden was born Deborah Sonia Charles in Taunton , Somerset . Her parents divorced when she
420-582: Is not considered part of the Generally Accepted Accounting Principles (GAAP) by the SEC , and hence the SEC requires that companies registering securities with it (and when filing its periodic reports) reconcile EBITDA to net income . The original concept of EBITDA was pioneered in the 1970s by billionaire investor John Malone . Early in his career, Malone developed EBITDA as a tool to evaluate
450-457: Is used to include effects of the asset base in the assessment of the profitability of a business. In that, it is a better metric than EBITDA, but has not found widespread adoption. Earnings Before Interest, Depreciation, Amortization and Exploration ( EBIDAX ) is a non- GAAP metric that can be used to evaluate the financial strength or performance of oil, gas or mineral company. Costs for exploration are varied by methods and costs. Removal of
480-579: The University of Exeter Business School. She also received an honorary degree from Staffordshire University in the same month. She was given an honorary degree at Keele University in July 2013. In July 2014, Meaden was awarded an honorary degree from Bath Spa University . At some point she was granted fellowship of the Royal Society of Arts . EBITDA Though often shown on an income statement , it
510-408: The surname Meaden . If an internal link intending to refer to a specific person led you to this page, you may wish to change that link by adding the person's given name (s) to the link. Retrieved from " https://en.wikipedia.org/w/index.php?title=Meaden&oldid=914168051 " Category : Surnames Hidden categories: Articles with short description Short description
540-909: The arrival of Hilary Devey to replace James Caan . As of 2021 , she has agreed investments through this route in 63 businesses to a value of over £3.3 million. Meaden took part in the eleventh series of the BBC One dancing show Strictly Come Dancing , which began on 7 September 2013 and was partnered with professional dancer Robin Windsor . She was eliminated from the show on 26 October. Meaden co-presents The Big Green Money Show for BBC Radio 5 live , alongside Felicity Hannah. The series of weekly episodes began in March 2022 and covers actions being taken by businesses and individuals in response to climate change . Meaden published Common Sense Rules in May 2009. She used
570-417: The cash-generating ability of telecom companies. He advocated for its use over traditional metrics like Earnings per share (EPS) , arguing that EBITDA offered a more accurate reflection of financial performance for high-growth, capital-intensive businesses. Originally, Malone used EBITDA to attract lenders and investors, positioning it as a key element of his growth strategy. By focusing on EBITDA, he showcased
600-591: The exploration portion of the balance sheet allows for a better comparison between the energy companies. Operating income before depreciation and amortization ( OIBDA ) refers to an income calculation made by adding depreciation and amortization to operating income . OIBDA differs from EBITDA because its starting point is operating income, not earnings. It does not, therefore, include non-operating income, which tends not to recur year after year. It includes only income gained from regular operations, ignoring items like FX changes or tax treatments. Historically, OIBDA
630-456: The hit caused by 'missing contribution margin and cost absorption reduced by direct financial state support received majorly in China so far'. Other companies picked up this EBITDAC measure as well, claiming the state-mandated lockdowns and disruptions to the supply chains distort their true profitability, and EBITDAC would show how much these companies believe they would have earned in the absence of
SECTION 20
#1732851268963660-763: The inward investment agency in February of that year. Meaden is a member of the Council of Ambassadors of the World Wildlife Fund . She works with the Dogs Trust charity and is an ambassador for the Marine Conservation Society . Meaden is an ambassador for the National Foundation for Retired Service Animals, a charity launched in 2022 that supports dogs and horses after they are retired from work with
690-427: The operating business: The interest payments depend on the financing structure of the company, the tax payments in the relevant jurisdictions as well as the interest payments, the depreciation on the asset base (and depreciation policy chosen), and the amortisation on takeover history with its effect on goodwill among others. EBITDA is widely used to measure the valuation of private and public companies (e.g. saying that
720-523: The owner or family members. The resulting metric is called adjusted EBITDA or EBITDA before exceptionals . A negative EBITDA indicates that a business has fundamental problems with profitability. A positive EBITDA, on the other hand, does not necessarily mean that the business generates cash. This is because the cash generation of a business depends on capital expenditures (needed to replace assets that have broken down), taxes, interest and movements in working capital as well as on EBITDA. While being
750-489: The police, fire, prison and border force services. She became an ambassador for the Tusk Trust in 2010, and joined that organisation's board of trustees in 2016. Meaden met her husband, Paul Farmer, in the summer of 1985, while he worked at Weststar during his university break. They separated, but after she took a trip to Venezuela, she returned to London and they married in 1993. The couple don't have children and live in
780-417: The tooth fairy pays for capital expenditures?". A fix often employed is to assess a business on the metric EBITDA - Capital Expenditures. EBITDA margin refers to EBITDA divided by total revenue (or "total output", "output" differing from "revenue" according to changes in inventory). Earnings before interest, taxes, and amortization ( EBITA ) is derived from EBITDA by subtracting Depreciation. EBITA
810-461: Was also involved in a collaboration with BBC conductor Charles Hazlewood , 'Play the Field', a weekend of classical music on Charles's farm in Somerset over the August bank holiday weekend 2009. In October 2011, Meaden launched 'The Merchant Fox', an online store selling British-made luxury goods with provenance. In 2009, a planning inspector criticised Meaden's evidence to his enquiry as "implausible" in
840-421: Was created to exclude the impact of write-downs resulting from one-time charges, and to improve the optics for analysts comparing to previous period EBITDA. An example is the case of Time Warner , who shifted to divisional OIBDA reporting subsequent to write downs and charges resulting from the company's merger into AOL . Earnings before interest, taxes, depreciation, amortization, and coronavirus ( EBITDAC )
870-759: Was providing holidays for more than 150,000 people each year with an EBITDA in excess of £11 million. In 2005, she made a partial exit when Weststar was sold in a deal worth £33 million to Phoenix Equity Partners , and, in August 2007, her remaining stake of 23% in Weststar Holidays was liquidated when the firm was sold to Alchemy Partners for £83 million, valuing her stake at about £19 million. In 2009, Meaden acquired Fox Brothers (a West Country textile mill established in 1772 and still based in Wellington, Somerset ) along with fellow shareholder, Douglas Cordeaux, former design director at Pepe Jeans London. She
900-587: Was young, and her mother moved Deborah and her older sister Gail to Brightlingsea in Essex. When Meaden was 7 years old, her mother married Brian Meaden who became "a true father" to Meaden. Meaden went to the Godolphin School , Salisbury , for a brief period and then to Trowbridge High School for Girls (now The John of Gaunt School ) which she left at the age of 16. On leaving school, Meaden studied business at Brighton Technical College , after which she worked as
#962037