Texon Petroleum Limited (ASX:TXN) Debt-to-EBITDA : 0.00 (As of . 20)

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What is Texon Petroleum Limited Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Texon Petroleum Limited's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was A$0.00 Mil. Texon Petroleum Limited's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was A$0.00 Mil. Texon Petroleum Limited's annualized EBITDA for the quarter that ended in . 20 was A$0.00 Mil.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Texon Petroleum Limited's Debt-to-EBITDA or its related term are showing as below:

ASX:TXN's Debt-to-EBITDA is not ranked ^*
in the Oil & Gas industry.
Industry Median: 1.795
* Ranked among companies with meaningful Debt-to-EBITDA only.

Texon Petroleum Limited Debt-to-EBITDA Historical Data

The historical data trend for Texon Petroleum Limited's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Texon Petroleum Limited Debt-to-EBITDA Chart

Texon Petroleum Limited Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Debt-to-EBITDA

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-0.02

-0.04

-0.57

0.01

0.02

Texon Petroleum Limited Quarterly Data

Debt-to-EBITDA

Competitive Comparison of Texon Petroleum Limited's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Texon Petroleum Limited's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Texon Petroleum Limited's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Texon Petroleum Limited's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Texon Petroleum Limited's Debt-to-EBITDA falls into.

Texon Petroleum Limited Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Texon Petroleum Limited's Debt-to-EBITDA for the fiscal year that ended in Dec. 2011 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.191	+	0)	/	11.916
	=	0.02

Texon Petroleum Limited's annualized Debt-to-EBITDA for the quarter that ended in . 20 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(	+	)	/	0
	=	N/A

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (. 20) EBITDA data.

Texon Petroleum Limited (ASX:TXN) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Texon Petroleum Limited Debt-to-EBITDA Related Terms

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