This EBITDA template will show you how to calculate EBITDA using the income statement and cash flow statement. EBITDA stands for Earnings Before.EBITDA, or earnings before interest, taxes, depreciation, and amortization, is an alternative measure of a company's overall financial performance. The formula to calculate EBITDA starts with net income—from which taxes, interest expense, depreciation, and amortization are added back. There are two ways to calculate EBITDA. One is based on net income and the other on operating income. Download our EBITDA template and assess a company's operational profitability using the income statement and cash flow statement. This sheet will give you a quick estimate for the first month's payment for up to three loans. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. Let's take a look at what each of those means.