Perbezaan utama antara EBITDA dan Pendapatan Bersih adalah EBITDA merujuk kepada pendapatan perniagaan yang diperoleh selama tempoh tersebut tanpa mempertimbangkan perbelanjaan faedah, perbelanjaan cukai, perbelanjaan susut nilai dan perbelanjaan pelunasan, sedangkan Pendapatan Bersih merujuk kepada pendapatan perniagaan yang diperoleh dalam tempoh tersebut setelah mempertimbangkan semua perbelanjaan yang dikeluarkan oleh syarikat.
Perbezaan Antara EBITDA dan Pendapatan Bersih
Pendapatan sebelum faedah, cukai, susut nilai, & pelunasan (EBITDA) adalah kaedah yang sering digunakan untuk mencari keuntungan syarikat dan industri. Ini sangat serupa dengan pendapatan bersih dengan beberapa tambahan pendapatan bukan operasi. EBITDA adalah petunjuk yang digunakan untuk melakukan analisis perbandingan untuk pelbagai syarikat.
Ini adalah salah satu alat kewangan utama yang digunakan untuk menilai syarikat dengan pelbagai ukuran, struktur, cukai, dan susut nilai.
- EBITDA = EBIT + Susutnilai + Pelunasan atau
- EBITDA = Untung Bersih + Cukai + Faedah + Susut Nilai + Pelunasan
Secara sederhana, penyusutan adalah pengurangan nilai aset ketara dari masa ke masa yang mengakibatkan keausan aset ketara.
Pelunasan adalah teknik kewangan yang digunakan untuk secara bertahap mengurangkan nilai aset tidak ketara syarikat.
Pendapatan bersih sering digunakan untuk mengetahui jumlah pendapatan atau keuntungan syarikat. Ia dapat dikira dengan mengurangkan kos menjalankan perniagaan untuk pendapatan syarikat.
- Pendapatan bersih = Pendapatan - Kos menjalankan perniagaan
Kos menjalankan perniagaan merangkumi semua cukai, faedah yang harus dibayar oleh syarikat, susut nilai aset dan perbelanjaan lain. Jadi, pendapatan bersih adalah pendapatan syarikat setelah mengambil kira semua potongan dan cukai.
EBITDA agak serupa dengan pendapatan bersih kerana kedua-dua nilainya dapat berubah kerana beberapa elemen yang terlibat dalam pengiraan mereka mungkin menjadi manipulasi oleh syarikat.
EBITDA vs Infografik Pendapatan Bersih
Perbezaan Utama Antara EBITDA dan Pendapatan Bersih
Berikut adalah perbezaan utama antara mereka.
- One of the key differences is the usage of depreciation and amortization. EBITDA is an indicator that calculates the profit of the company before paying the expenses, taxes, depreciation, and amortization. On the other hand, net income is an indicator that calculates the total earnings of the company after paying the expenses, taxes, depreciation, and amortization.
- EBITDA is used as an indicator to find out the total earning the potential of a company. On the other hand, net income is used to find out the earnings per share of the company.
- EBITDA can be measured by adding depreciation and amortization to EBIT or by adding interests, taxes, depreciation and amortization to net profit. Net income, on the other hand, is calculated by subtracting revenue from the overall cost of doing the business.
- With EBITDA is basically used for start-up companies to see how they are performing. Net income, on the other hand, is used pervasively in all circumstances to understand the financial health of a company.
- EBITDA is used to find out the earning potential of the company. That’s why when investors look at a new company, they calculate EBITDA. EBITDA is also pretty easy to use since there’s no depreciation and amortization involved. On the other hand, net income is used to find out the earnings per share if the company has issued any shares. Just by dividing the net income by the number of outstanding shares, we can get the EPS.
Comparative Table
|
Basis for Comparison |
EBITDA |
Net income |
|
Definition |
EBITDA is an indicator used for calculating a company’s profit-making ability. |
Net income is an indicator which is used to calculate company’s total earnings. |
|
Used |
To calculate the earning potential of the company. |
To calculate earnings per share (EPS). |
|
Calculation |
EBITDA = EBIT + Depreciation + Amortization Or EBITDA = Net Profit + Taxes + Interest + Depreciation + Amortization |
Net income = Revenue - Cost of doing business |
|
Result |
Calculation of income generated by the company without deducting any expenses like interest, tax, depreciation, and amortization. |
Calculation of total earnings of the company after reducing all the expenses. |
Conclusion
When we look at these terms, they are both indicators that can be adjusted by the companies. But still, the investors look into both of these indicators for making trading decisions so that they can get an idea about the big picture of the company.
Since these two are calculated by using the income statement, the investors should use other ratios as well to cross-check how a company is doing. One or two indicators can provide enough information, but to take the decision to invest in a company based on that isn’t prudent. That’s why investors should use ROIC, ROE, Net Profit Margin, Gross Profit Margin, etc.
Along with that they should also look at other financial statements like the balance sheet and the cash flow statement.