Examples of Property EBITDA in a sentence
Adjusted Property EBITDA is presented exclusively as a supplemental disclosure because management believes that it is widely used to measure the performance, and as a basis for valuation, of gaming companies.
Management uses Adjusted Property EBITDA as a measure of the operating performance of its segments and to compare the operating performance of its properties with those of its competitors, as well as a basis for determining certain incentive compensation.
Property EBITDA may not be comparable to similarly titled measures reported by other companies within the industry.
Unlike net income, Adjusted Property EBITDA does not include depreciation or interest expense and therefore does not reflect current or future capital expenditures or the cost of capital.
Property EBITDA is a supplemental financial measure used by management, as well as industry analysts, to evaluate our operations.