The Upgrade: EBITDA Addbacks Continue To Stack

10/02/2022 10 min
The Upgrade: EBITDA Addbacks Continue To Stack

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Episode Synopsis

In this episode of The Upgrade podcast, we discuss S&P Global Ratings' fourth annual analysis of EBITDA addbacks. It finds most U.S. speculative-grade corporate issuers continue to be unable to achieve the earnings, debt, and leverage projections. We also discuss if EBITDA adjustments are an accurate picture of future earnings. Related Article: EBITDA Addbacks Continue To Stack