Pacific Ventures EBITDA
What is the EBITDA of Pacific Ventures?
The EBITDA of Pacific Ventures Group, Inc. is -$1.48
What is the definition of EBITDA?
EBITDA is a company’s earnings before interest, taxes, depreciation, and amortization and is an accounting measure calculated using a company’s net earnings, before interest expenses, taxes, depreciation and amortization are subtracted, as a proxy for a company’s current operating profitability.
ttm (trailing twelve months)
Although EBITDA is not a financial measure recognized in generally accepted accounting principles, it is widely used in many areas of finance when assessing the performance of a company, such as securities analysis. It is intended to allow a comparison of profitability between different companies, by discounting the effects of interest payments from different forms of financing (by ignoring interest payments), political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill). EBITDA is a financial measurement of cash flow from operations that is widely used in mergers and acquisitions of small businesses and businesses in the middle market. It is not unusual for adjustments to be made to EBITDA to normalize the measurement allowing buyers to compare the performance of one business to another.
EBITDA of companies in the Consumer Staples sector on OTC compared to Pacific Ventures
What does Pacific Ventures do?
Pacific Ventures Group, Inc., through its subsidiaries, produces, sells, and distributes alcohol-infused ice creams and ice-pops. It sells its alcohol-infused ice-pops and ice creams under the SnöBar brand name. The company is also involved in the sale and lease of freezers, as well as the provision of marketing services; and wholesale and retail of fresh and specialty produce, and food products to restaurants, hotels, clubs and bars, resorts, food trucks, and caterers. Pacific Ventures Group, Inc. is headquartered in Los Angeles, California.
Companies with ebitda similar to Pacific Ventures
- Strategic Resources has EBITDA of -CAD$1.48
- Renavotio Inc has EBITDA of -$1.48
- Entertainment Arts Research has EBITDA of -$1.48
- Reabold Resources Plc has EBITDA of -£1.48
- Chemesis International has EBITDA of -CAD$1.48
- Alderan Resources has EBITDA of -AUD$1.48
- Pacific Ventures has EBITDA of -$1.48
- Anevia SA has EBITDA of -€1.47
- Crowd Media has EBITDA of -AUD$1.47
- Predictmedix has EBITDA of -CAD$1.47
- REFFIND Ltd has EBITDA of -AUD$1.47
- Sproutly Canada has EBITDA of -CAD$1.47
- Norwest Minerals has EBITDA of -AUD$1.47