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+ | ====== 息税前利润(EBIT) ====== | ||
+ | ===== 什么是息税前利润 ===== | ||
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+ | 息税前利润(Earnings Before Interest and Taxes, EBIT) | ||
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+ | Earnings before interest and taxes is an indicator of a company's profitability. One can calculate it as revenue minus expenses, excluding tax and interest. EBIT is also referred to as operating earnings, operating profit, and profit before interest and taxes. | ||
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+ | ===== EBIT的计算 ===== | ||
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+ | EBIT = Revenue − COGS − Operating Expenses | ||
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+ | 或 | ||
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+ | EBIT = Net Income + Interest + Taxes | ||
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+ | 其中:COGS = Cost of goods sold | ||
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+ | You calculate EBIT by taking a company's cost of manufacturing including raw materials, as well as the company's total operating expenses, which includes employee wages and subtract those figures from revenue. The steps are outlined below: | ||
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+ | - Take revenue or sales from the top of the income statement. | ||
+ | - Subtract the cost of goods sold from revenue or sales, which gives you gross profit. | ||
+ | - Subtract the operating expenses from the gross profit figure to achieve EBIT. | ||
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+ | Key Takeaways | ||
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+ | * EBIT is a company's net income before income tax expense and interest expenses have been deducted. | ||
+ | * EBIT is used to analyze the performance of a company's core operations without the costs of the capital structure and tax expenses impacting profit. | ||
+ | * EBIT is also known as operating income since they both exclude interest expenses and taxes from their calculations. However, there are cases when operating income can differ from EBIT. | ||
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+ | ===== EBIT告诉我们什么 ===== | ||
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+ | Earnings before and taxes measures the profit a company generates from its operations, making it synonymous with operating profit. By ignoring taxes and interest expense, EBIT focuses solely on a company's ability to generate earnings from operations, ignoring variables such as the tax burden and capital structure. EBIT is an especially useful metric because it helps to identify a company's ability to generate enough earnings to be profitable, pay down debt, and fund ongoing operations. | ||
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+ | ===== 参考 ===== | ||
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+ | - [[https://www.investopedia.com/terms/e/ebit.asp]] |