Profit Is an Opinion. EBITA Is a Discipline: Why Caribbean CEOs Must Read Ratios, Not Just Results
Why Caribbean CEOs Must Read Ratios, Not Just Results IN BRIEF Net profit is the number most Caribbean chief executives manage to, and it is the number lenders, investors and buyers trust least. They judge a business on a handful of ratios built on two measures of operating earnings: EBITDA (earnings before interest, tax,...


