Traditional Culture Encyclopedia - Traditional virtues - What is the difference and connection between EBIT and Operating Profit Before Tax?
What is the difference and connection between EBIT and Operating Profit Before Tax?
Earnings before interest and tax = total profit + "interest expense" in the traditional income statement \r\nOperating profit before tax = total profit + "interest expense" in the management income statement \r\nInterest expense in the management income statement " Interest expense" = "Interest expense" in the traditional income statement - Gain on investment in financial assets - Gain or loss on change in fair value of financial assets + Impairment loss on financial assets \r\nOperating profit before tax = EBITDA -Income from investment in financial assets -Gain or loss on fair value changes of financial assets + Impairment loss on financial assets
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