Apollo Senior Floating Rate Fund (AFT)

17.70 -0.14  -0.78%  May 25, 11:00PM Go Pro
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Apollo Senior Floating Rate Fund EBITDA Margin TTM

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About EBITDA Margin (TTM)

The EBITDA Margin is trailing twelve month earnings before interest, taxes, depreciation and amortization divided by trailing twelve month net sales.

Investors look at this measurement to get a closer approximation of performance of the business relative to sales before adjusting for the capital structure of the business (debt vs. equity financing).

Though many investors use EBITDA for this reason, some argue that the exclusion of depreciation expenses fails to capture the ongoing economics of a business since depreciation expenses are a good proxy for the replacement costs of property, plant and equipment, which must be paid in the future to continue business operations.
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AFT News

$AFT http://stks.co/2Loj Broke out of wedge yesterday and backtesting today daily chart
about 107 days ago by SunriseTrader
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