This was great! I am trying to learn the language of money and finance in preparation to buy a business and What I learned is don't trust when someone says "but what is their EBITDA?" That only tells one part of the story. It is more important to look at the whole income Statement.
@Antnapoli Жыл бұрын
This was really helpful all the way to the point where it wasn't clear approximately 10:22 that you need to subtract depreciation and amortization to get to net income. It's not in the example, but maybe that is because it is not always found in the income statement.
@the2ndgem Жыл бұрын
Bro. Thank you. Learning Fundamental Analysis for the first time. You're the best
@CorporateFinanceAcademy Жыл бұрын
great to hear! Please subscribe and check out our other videos!
@pdn9609 Жыл бұрын
At 3:40 you say Gross Margin - SGA & R&D Expenses = EBTDA. That implies that that amount includes depreciation & amortization. But then at 9:20 you say Gross Margin - Operating Expenses = EBIT (not EBTDA). That in turn implies that that amount does not include depreciation & amortization.
@CorporateFinanceAcademy Жыл бұрын
Unfortunately, I don't have time to answer every youtube comment question. If you become a paying member on the site, I'd be happy to help out!
@someonelikeme75517 ай бұрын
That’s because it’s incorrect 😂. It should be EBIT first, then add D&A to get EBITDA
@porporrungwitree2 жыл бұрын
So helpful! thank you :) This is pretty easy to understand.
@CorporateFinanceAcademy2 жыл бұрын
Great to hear!
@nigelhidie9342 Жыл бұрын
Very helpful content! Thank you very much
@apevanijapanthiya6648Ай бұрын
Very Helpful..Thanks a lot ....👍
@SatishKumar-jb9qm5 ай бұрын
Great summary. Thank you!
@ObadaOmar-lo3se Жыл бұрын
very simple explained, thanks (:
@CorporateFinanceAcademy Жыл бұрын
great to hear!
@westernpacifichvac Жыл бұрын
Is there a way to download the master sheet?
@SolarTTauri7 ай бұрын
Thank you.
@CorporateFinanceAcademy7 ай бұрын
you're welcome! Be sure to check out our other videos and subscribe!
@m.soares39 ай бұрын
Amazing!!
@CorporateFinanceAcademy8 ай бұрын
Thanks for the kind words!
@blixerblacking4211 Жыл бұрын
Hi, this Question has been bothering me a lot these days, what is the difference between cash flow and net income, I know there is a different between them because of accruals but accruals applied when we receive cash before or after delivering the goods not when at the time of delivering the goods so in case the firm has received an income at the same time of the delivery then there will be no difference between cash flow and net income so my question is why when we calculate equity for in the cash flow statement we also take out net income from the result of changes in both years Ex (income income for 2022 = 1,450 and for 2023 = 2,450) so the diff here is 1,000 but then we also need to take out net income from this result which I don't know why!
@CorporateFinanceAcademy8 ай бұрын
That along with working capital changes are typically the biggest drivers to CFOA. If you check out our video on cash flow you will learn a bit more (start with Net Income, add back depreciation, adjust for working capital) ...
@ahappyimago2 жыл бұрын
Thanks
@CorporateFinanceAcademy2 жыл бұрын
Glad it helped!
@gregdanielm2 жыл бұрын
What did the mouse do to you?
@CorporateFinanceAcademy2 жыл бұрын
HAHA! it's actually the keyboard, but we have a long and complicated relationship!
@elvispresley32349 ай бұрын
Hmm, at 7:22 you state GM is down 16%. This is incorrect. GM in 2020 actually increased from 45.5% to 48%
@mkh91647 ай бұрын
The last line should be net earning or net profit instead of net income .
@rlui82 жыл бұрын
what's the story if Ebida is bigger than net income ?
@izabeladan59942 жыл бұрын
well it will always be bigger since ebit is net profit plus tax plus interest.
@Augustheatsucks2 жыл бұрын
after calculations net income including depreciation, you add back in EBIDA to the net income.
@tommy9x7 ай бұрын
10:20 is confused
@MrDuds19848 ай бұрын
Ebitda “bullshit earnings” - Charlie Munger
@CorporateFinanceAcademy8 ай бұрын
I’m so happy eveyone reads Munger. It often is BS, but it is widely used, so if you are in finance, you better learn it… and more importantly, learn when and why it is BS!