Boeing Company (BA)

[bar1080]

Thanks for that. BA certainly has problems, but my investing horizon is very long.
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One could argue that EBITDA, as opposed to GAAP numbers. is about as reliable as charting. And it's EBITDA not EBITA. Earnings before Interest, Taxation, Depreciation and Amortization

"Buffett’s Thoughts on EBITDA?

"A year before that in 2002, it was pretty much the same when it came to EBITDA.

It amazes me how widespread the use of EBITDA has become. People try to dress up financial statements with it.

We won’t buy into companies where someone’s talking about EBITDA. If you look at all companies, and split them into companies that use EBITDA as a metric and those that don’t, I suspect you’ll find a lot more fraud in the former group. Look at companies like Wal-Mart, GE and Microsoft — they’ll never use EBITDA in their annual report.

People who use EBITDA are either trying to con you or they’re conning themselves. Telecoms, for example, spend every dime that’s coming in. Interest and taxes are real costs."

https://www.oldschoolvalue.com/investing-perspective/buffett-klarman-ebitda/