What does LTM stand for in finance?

Last 12 Months
Related Content. Business shorthand for last twelve months, also known as trailing twelve months. Describes a period of time covered by a financial calculation. For example, LTM interest expense means interest expense incurred over the prior twelve months.

What is LTM in investment banking?

LTM (or ‘Last Twelve Months’) calculations reflect the most recent Twelve Months of Financial performance and have various applications in the Finance world across Investment Banking, Private Equity, and Investment Management.

What is LTM revenue growth?

LTM revenue, which stands for Last Twelve Months revenue (also known as TTM – trailing twelve months revenue), is the company’s total revenue in the twelve months before the measurement date; this helps in the company’s valuation during a certain period.

What is LTM in acquisition?

Last Twelve Months (LTM) Definition Typically, LTM financial metrics are calculated for a certain event such as an acquisition, or an investor seeking to evaluate the operating performance of a company in the prior twelve months.

What is LTM analysis?

LTM (Last Twelve Months), also sometimes known as the trailing or rolling twelve months, is a time frame frequently used in connection with financial ratios, such as revenues or return on equity (ROE), to evaluate a company’s performance during the immediately preceding 12-month time period.

What is LTM Ebitda?

The definition of LTM (Last Twelve Months) EBITDA, also known as Trailing Twelve Months (TTM), is a valuation metric that shows your earnings before interest, taxes, depreciation and amortization adjustments over the past 12 months.

What is an LTM revenue multiple?

LTM multiples refer to metrics representing past operating performance. For example, the amount of EBITDA generated by a company in the past twelve months would be classified as a LTM metric. Alternatively, LTM multiple can be used interchangeably with the term “trailing twelve months”, or TTM.

What is an LTM income statement?

Understanding Last Twelve Months (LTM) In company financial statements, which are typically filed at the company’s fiscal year-end, the last twelve month figures refer to the 12-month period ending on the last date of the month the financial statement is dated, such as June 30 or December 31.

What is LTM EBITDA?

Is LTM a GAAP term?

LTM Revenue means the LTM revenue of the Company on a consolidated basis as determined in accordance with GAAP.

What is LTM and NTM?

Last Twelve Months (LTM) or Next Twelve Months (NTM) are two standard forms in which valuation multiples are presented in trading and transaction comps analyses. While LTM multiples are backward-looking and based on historical performance, NTM multiples are formulated from projected figures.

What is LTM balance sheet?