EBITDA

Ebitda , meanwhile , is expected to increase by a modest 3.7 % .

与此同时，息税折旧摊销前收益预计将小幅增长3.7%。

The company expects to be back to its target range of two to 2.5 times ebitda within 18 months .

公司预期这一比率在18个月内将重返其2到2.5倍的目标范围。

Ebitda margins fell from 54.3 per cent in 2007 to 52.5 per cent in 2008 .

EBITDA利润率则从2007年的54.3%降至2008年的52.5%。

The tax burden will impact our EBITDA significantly , and will influence strategic decision on M & A project .

税收负担将严重影响我们利息税贬值前利润和分期偿付利润，同时也将影响M&A项目的战略性决策。

Net debt to EBITDA , at 2.4 times , is well within covenant ceilings .

净负债与ebitda的比率为2.4，远低于规定的上限。

Remember that EBITDA is similar to pre capex , pre working capital cash generation .

请记住，EBITDA类似于先期的资本性支出、先期的流动资本现金投入。

Double ebitda margins to 40 per cent and a $ 5bn company is easily within reach .

将Ebitda利润率再翻一番至40%，50亿美元的公司估值很容易就能达到。

But Ebitda last year was a third higher than the period just before the buyout , due mainly to cost control .

不过，去年Ebitda较收购前那段时期增加了三分之一，这主要是成本控制的结果。

EBITDA as a proportion of revenues has to double to 20 per cent and stay there .

ebitda占收入之比应翻一番至20%，并保持下去。

They will outperform those wedded to market share , EBITDA growth , or EPS management .

他们的表现将胜过那些执着于市场份额、ebitda增长或每股盈利管理的企业。

Losses expanded at a faster clip than did revenue , and EBITDA kept slipping .

亏损的速度超过了营收，息税折旧摊销前利润继续下滑。

Revenues at the mobile operator picked up 16 per cent last year and EBITDA surpassed capital expenditure for the first time .

这家移动运营商去年的收入增幅达到16%，其ebitda也首次超过了资本支出。

Listed directories businesses will have an average of 5.7 times net debt to EBITDA this year , according to JPMorgan .

摩根大通表示，上市黄页公司净负债与ebitda之比今年平均将为5.7倍。

But the fundamental problem with using EBITDA as a gauge of profitability is that deprecation is typically a real cost .

但使用ebitda衡量盈利能力的根本问题在于，折旧通常而言属于真实成本。

Analysts say Yahoo 's core business should be valued at around four to six times 2014 Ebitda & more like a print media asset .

分析师们说，雅虎的核心业务价值约为2014年息税折旧摊销前收益的四到六倍――更类似于平面媒体的估值。

The company reports $ 17.96 million in EBITDA for the first half of 2013 , compared to just $ 2.15 million for the first half of 2012 .

2013年上半年，这家公司息税折旧摊销前利润为179.6亿美元，而2012年同期只有21.5亿美元。

Debt is also on the rise in Europe , albeit from lower levels : 4.7 times ebitda on average this year , compared with 6.1 in 2007 .

欧洲并购交易中的债务资金规模也在提高，尽管幅度相对较低&今年的并购债务资金平均是ebitda的4.7倍，而2007年则是6.1倍。

Combined with the impact of deflationary ingredients prices , this boosted the group 's ebitda margin by 1.3 percentage points to 23.8 per cent .

再加上食材价格下降的影响，该集团的EBITDA利润率得到1.3个百分点的提振，达到23.8%。

However , several of the rigs do not come online until 2010 , when the forecast EV / ebitda multiple falls back to seven times .

不过，数个钻井平台直到2010年才会投产，届时，预期EV/ebitda比将回落至7倍。

The net profit by deducting the interest rates , taxes , depreciation and EBITDA was 121.191 billion Yuan , increased by 26.2 % .

期内除利息.税务.折旧及摊销前的经营利润（EBITDA）为1211.91亿元.比去年同期增长26.2%。

That implies a $ 11.1 billion valuation for Yahoo 's core business , or 7.1 times 2014 Ebitda & pricey relative to analyst models .

这意味着雅虎核心业务估值为1110亿美元，以2014年预期息税折旧摊销前收益计算的市盈率为7.1倍――相比分析师假定的情况来说过高了。

Its revenue and EBITDA have consistently climbed in each year since going public , and there is plenty of cash on hand without a single cent of debt .

自从上市以来，它的营收和EBITDA（息税折旧及摊销前利润）一直在稳步攀升，另外Groupon还坐拥大笔现金，而且没有一分钱的债务。

This is the highest ratio since 2007 , when the average debt portion reached a peak of 6 times ebitda , and surpasses the 2006 level of 5.1 times .

这是自2007年来的最高比例&2007年并购债务资金规模平均达到ebitda6倍的峰值，超过了2006年的5.1倍水平。

Companies were leveraged heavily , with as much as seven times net debt to earnings before interest , tax , depreciation and amortisation ( EBITDA ) .

这些公司的杠杆率很高，净负债与利息、税项、折旧和摊销前利润（ebitda）之比高达7倍。

Group earnings before interest , taxes , depreciation and amortisation ( ebitda ) last year were 107m , 44 per cent up on a year earlier .

集团去年的息税折旧及摊销前利润（EBITDA）为1.07亿欧元，较上年增长44%。

But now the ebitda multiples paid by private equity shops are sometimes higher than the price / earnings multiples at which sensible , publicly listed companies trade .

但如今，私人股本公司支付的ebitda倍数有时高于合理公开上市公司的市盈率（PE）。

And that likely understates the multiple , since Alibaba 's high-margin royalty payments would need to be factored out of Yahoo 's Ebitda .

而且这还有可能低估了这个倍数，因为阿里巴巴支付的高利润许可费需要从雅虎的息税折旧摊销前收益中剔除。

Even though Zynga missed quarterly earnings numbers in its first two quarters as a public company and slashed its 2012 EBITDA outlook in half , the company is still making money .

尽管这家上市公司今年头两个财季的季度营收未能达标，还把2012年预期息税折旧摊销前利润（EBITDA）削减了一半，但公司仍在赚钱。

That kind of valuation brings with it breathtaking multiples : 53.2 times ( March ) 2014 year end GAAP earnings , 40 times EBITDA , and 23.4 times revenues .

相应的估值倍数很是惊人：是按美国通用会计准则计算的截至2014年（3月）的年度收益的53.2倍，息税折旧摊销前利润的40倍，以及营收的23.4倍。

But really it has bet on a strong European economic recovery pushing TNT 's ebitda back up towards its 2008 peak of 550m , about a third above this year 's estimates .

但实际上，该公司押注于欧洲经济强劲复苏将推动TNT快递的EBITDA回到2008年5.50亿欧元的峰值水平，比今年的估计数字高出约三分之一。