EBITDA

Should you be using it or not?

Seminar Overview
EBITDA (earnings before interest, taxes, depreciation, and amortization) has been a popular measure of cash flow repayment ability, but it has its limitations. Why are analysts and lenders still using this back of- the-envelope method when FAS 95’s cash flow statements have been on the books for nearly 20 years? This class will give you the tools to balance EBITDA’s pros and cons and then to examine some alternative cash flow measures.

Length: 72 minutes

Who will benefit?
This seminar is for credit analysts, underwriters, commercial lenders, corporate bankers, and credit review officers.

You will:

• Learn how to adjust EBITDA to a more accurate measure of cash flow or select an alternative measure that’s more accurate and reliable than ordinary EBITDA.
• Determine how to evaluate and prioritize uses of cash flow.
• Be able to select or design more effective cash flow covenants.

Our Web seminars provide the following benefits: 

• Cost-efficient and convenient — There’s no travel time, travel expenses, or time out of the office.
• Available 24/7 to suit your schedule
• Risk-free — You can go back and listen as often as you like within 30 days from the date of your  first log-in.
• Safe and secure — Only those enrolled with the user ID and password can access the course.
• All you need is an Internet connection.

Workstation Requirements

• Windows Media Player
• Internet Explorer version 5.5+ with JavaScript and cookies enabled.
• 800 x 600 screen resolution.
• Internet connection (high-speed broadband connection recommended).
• Display driver settings: 16-bit color or better; font set to “Standard” or “Small.”
• Speakers or a headset.

Proxy/Firewall Settings

• Port 80 must be open both incoming and outgoing.

RMA-CRC: 1 CEU

Please allow one business day to receive Web seminar access information via e-mail.