Note: GAAP refers to Generally Accepted Accounting Principles, and EBIT refers to Earnings Before Interest and Taxes
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for ‘Definitions of adjusted ebit’ yourself to verify these results. We are always keen to point people to source documents.
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Looking for further advice on how to define “
" in your document?
🚀 Try our AI Legal Assistant! It's free while in beta and it can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)
Adjusted EBIT means the net income of [Company], accounting for earnings, expenses, and exclusions, ignoring interest and tax.
Genie's AI is based on GPT-4 and Genie's own proprietary language models trained on 100,000+ legal docs - try Genie AI today