GMC Blog
What is EBITDA and why is it used?
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. Often, it is a key metric used in valuing a company. Many people use EBITDA as a proxy for cash flow available to pay investors, both debt and equity. EBITDA is a variation of what many refer to as operating income or Earnings Before Interest and Taxes (EBIT).
Why use a Financial Expert in a Divorce Case?
Most divorce cases that require the use of a financial expert have a combination of: high-dollar marital assets, complex financial issues, business valuation(s) performed, and/or the need for forensic services such as asset tracing or lifestyle analysis.