EBITDA is an abbreviation that stands for Earnings Before Interest, Tax, <a title="Depreciation" href="https://quoteddata.com/glossary/depreciation/">Depreciation</a> and <a title="Amortisation" href="https://quoteddata.com/glossary/amortisation/">Amortisation</a>.  It is a close approximation for the cash generated by a company before it pays any interest and tax bills that it owes. It is useful as a profitability measure, although it doesn't tell the whole story.