EBITDAR is a common metric used within equity and credit research to strip out the impact of the divergence in lease accounting. The metric ignores all lease ( and asset acquisition) accounting impacts: interest, depreciation and rentals; and anbsp;...
Title | : | The Investment Banker's Handbook: Accounting, Valuation and Modelling |
Author | : | Corporate Training Group (CTG) |
Publisher | : | ILX Group plc - |
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