Series 79: Earnings Before Interest After Taxes (EBIAT)

Taken from our FINRA Investment Banking Exam

Definition of the term Earnings Before Interest After Taxes (EBIAT)...

a variation on EBIT used to assess what a company’s earnings would be without the benefit of the “tax shield” associated with debt financing. It equals EBIT minus taxes. Compare to NOPAT.

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Solomon Exam Prep Study Materials for the Series 79
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