EBITA is short for Earnings Before Interest, Taxes, and Amortization. EBIT is a way to assess a company’s main profitability since expenses unrelated to daily operations are not considered. Depreciation is the only thing that gets taken out from EBITDA. It is especially valuable when you want to compare businesses that amortize their expenses in different ways, including in those with a lot of intangible assets. Because of this, it provides investors with a basis for financial and investment analysis.