EBITDA Doesn’t Spell Cash Flow, but What Does?


EBITDA is Wall Street’s shorthand method of estimating a company’s cash flow, but does it really work on Main Street or even on Wall Street?  Discover why EBITDA does not spell cash flow for either stock analysts or credit analysts, but with some adjustments, EBITDA can be transformed into a much more accurate measure of cash flow for loan repayment.  Don’t bet a bank’s credit quality on EBITDA alone, learn how to convert it into a real cash flow measure.


Dev Strischek
Devon Risk Advisory Group