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Most recent posts


Where does EBITDA sit on the Income Statement?
How to find EBITDA in financial statements EBITDA does not appear as a labeled line item on a standard income statement. Instead, you must calculate it from line items that do appear. You take Operating Income (EBIT) from the Income Statement and add back Depreciation & Amortization from the Cash Flow Statement. COGS in a standard GAAP Income Statement already includes D&A. Sometimes you can find EBITDA disclosed in investor presentations or earnings releases. But usually,


Enterprise value vs. equity value explained simply
Learn how enterprise value converts into equity value through net debt and debt-like items in M&A deals – the bridge from valuation to proceeds.


How synergies expand strategic buyer valuations
Learn how cost and revenue synergies drive higher valuations for strategic buyers, from shared service centers to network expansion examples.
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