Module I· Consolidation & Equity MethodAdvanced
Question

What is look-through EBITDA, and when do you use it?

Answer

Look-through EBITDA adds the investor's share of EBITDA from non-consolidated associates / JVs to reported EBITDA.

Deep diveShow more details

Always match numerator and denominator: if you add look-through EBITDA, also consider look-through net debt and capex.