Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization and Exploration Expenses - EBITDAX

Dictionary Says

Definition of 'Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization and Exploration Expenses - EBITDAX'

An indicator of a company's financial performance calculated as:

= Revenue - Expenses (excluding tax, interest, depreciation, depletion, amortization and exploration expenses)
Investopedia Says

Investopedia explains 'Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization and Exploration Expenses - EBITDAX'

EBITDAX is used when reporting earnings for oil and mineral exploration companies. It excludes costly exploration expenses and gives the true EBITDA of the firm.

This is especially useful when a company wants to acquire another company. The EBITDAX would cover any loan payments needed to finance the takeover.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Amortization

    1. The paying ...
  2. Depreciation

    1. A method of ...
  3. Earnings

    The amount of ...
  4. Earnings Before Interest & Tax - EBIT

    An indicator of ...
  5. Earnings Before Interest, Tax and ...

    An indicator of ...
  6. Earnings Before Interest, Taxes, ...

    An indicator of ...
  7. Net Income - NI

    1. A company's ...
  8. Operating Earnings

    Profit earned ...
  9. Takeover

    A corporate ...
  10. Earnings Before Interest, ...

    An earnings ...

Articles Of Interest

  1. EBITDA: Challenging The Calculation

    This measure has a bad rap, but it's still a valuable tool when used appropriately.
  2. A Clear Look At EBITDA

    This measure has its benefits, but it can also present earnings through rose-colored glasses.
  3. Oil And Gas Industry Primer

    Before jumping into this hot sector, learn how these companies make their money.
  4. Unearth Profits In Oil Exploration And Production

    Drill down into financial statements to tap into the right companies and let returns flow.
  5. Uncovering Oil And Gas Futures

    Find out how to stay on top of data reports that could cause volatility in these markets.
  6. Tips For Controlling Investment Losses

    A profit/loss plan helps investors recognize mistakes and invest logically, rather than emotionally.
  7. How To Find P/E And PEG Ratios

    If these numbers have you in the dark, these easy calculations should help light the way.
  8. How To Make A Winning Long-Term Stock Pick

    Discover the key elements of a good long-term investment and how to find them.
  9. Is Growth Always A Good Thing?

    Getting big quickly looks good, but companies can get into trouble when they do it too fast. Find out how to spot this trouble.
  10. Spotting Profitability With ROCE

    This straightforward ratio measures whether a company is efficient, money-making or neither.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center