What is ‘Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization and Exploration Expenses – EBITDAX’
Earnings before interest, taxes, depreciation, depletion, amortization and exploration expenses (EBITDAX) is an indicator of a company’s financial performance calculated as:
Explaining ‘Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization and Exploration Expenses – EBITDAX’
EBITDAX is used when reporting earnings for oil and mineral exploration companies. It excludes costly exploration expenses and gives the true EBITDA of the firm.
Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization And Exploration Expenses (ebitdax) FAQ
Is Depreciation and amortization included in operating income?
Why do we look at earnings before depreciation and amortization?
What is DD&A?
What is full cost accounting method?
Is it good to have a high Ebitda?
Is Ebitda higher than net income?
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