Horizon Pharma (HZNP)

2.40 +0.02  +0.84%  May 22, 1:46PM
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Horizon Pharma EBITDA TTM

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Horizon Pharma EBITDA TTM Chart

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Horizon Pharma Historical EBITDA TTM Data

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About EBITDA (TTM)

EBITDA is an abbreviation for earnings before interest, taxes, depreciation, and amortization. EBITDA (TTM) is the sum of the last four quarters of EBITDA.

Investors often use EBITDA as a starting point for discounted cash flow analysis or to observe the performance of a business separately from its capital structure (debt vs equity financing structure).

Though EBITDA does form an excellent basis for cash flow analysis, some investors argue that it is a misleading measure since depreciation expenses are a real cost - old property, plant and equipment must eventually be replaced if a business plans to continue operations using those assets.
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