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Investing Glossary:
Earnings before interest after taxes (EBIAT)
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Earnings before interest after taxes (EBIAT)
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| Definition: |
| A financial measure defined as revenues less Cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating Profit before the Deduction of Interest plus Cash income taxes. Equivalent to EBIT Minus cash taxes.
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