# Understanding EBITDA: What Lenders and Buyers Look For. S9E1 Page: https://stenobird.com/podcast/the-not-boring-boring-small-business-bookkeeping-and-accounting-podcast-6371272/understanding-ebitda-what-lenders-and-buyers-look-for-s9e1 Text version: https://stenobird.com/podcast/the-not-boring-boring-small-business-bookkeeping-and-accounting-podcast-6371272/understanding-ebitda-what-lenders-and-buyers-look-for-s9e1.md Podcast: [The (Not Boring) Boring Small Business Bookkeeping and Accounting Podcast](https://stenobird.com/podcast/the-not-boring-boring-small-business-bookkeeping-and-accounting-podcast-6371272) Published: 2026-04-23T09:00:00+00:00 Episode link: https://pdcn.co/e/www.buzzsprout.com/2188873/episodes/19019183-understanding-ebitda-what-lenders-and-buyers-look-for-s9e1.mp3 Audio file: https://pdcn.co/e/www.buzzsprout.com/2188873/episodes/19019183-understanding-ebitda-what-lenders-and-buyers-look-for-s9e1.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-not-boring-boring-small-business-bookkeeping-and-accounting-podcast-6371272/episodes/understanding-ebitda-what-lenders-and-buyers-look-for-s9e1 Duration seconds: 631 ## Resource Your profit might be lying to you. Not all profit tells the truth. In this episode, Paul breaks down EBITDA, a key number that banks, buyers, and investors use to evaluate your business. While your standard profit and loss includes expenses like interest, taxes, depreciation, and amortization, EBITDA strips those out to show what your business actually earns at its core. That matters if you’re thinking about selling, merging, or simply understanding how healthy your business really is. A comp... ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-not-boring-boring-small-business-bookkeeping-and-accounting-podcast-6371272/episodes/understanding-ebitda-what-lenders-and-buyers-look-for-s9e1/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-not-boring-boring-small-business-bookkeeping-and-accounting-podcast-6371272/understanding-ebitda-what-lenders-and-buyers-look-for-s9e1.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.