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Atwood Oceanics (Atwood Oceanics) Debt-to-EBITDA : 6.32 (As of Jun. 2017)


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What is Atwood Oceanics Debt-to-EBITDA?

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

Atwood Oceanics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.0 Mil. Atwood Oceanics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $1,298.1 Mil. Atwood Oceanics's annualized EBITDA for the quarter that ended in Jun. 2017 was $205.4 Mil. Atwood Oceanics's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2017 was 6.32.

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 Atwood Oceanics's Debt-to-EBITDA or its related term are showing as below:

ATW's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.74
* Ranked among companies with meaningful Debt-to-EBITDA only.

Atwood Oceanics Debt-to-EBITDA Historical Data

The historical data trend for Atwood Oceanics'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.

Atwood Oceanics Debt-to-EBITDA Chart

Atwood Oceanics Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 2.32 2.99 2.39 2.25

Atwood Oceanics Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.89 4.75 4.63 10.46 6.32

Competitive Comparison of Atwood Oceanics's Debt-to-EBITDA

For the Oil & Gas Drilling subindustry, Atwood Oceanics'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.


Atwood Oceanics's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Atwood Oceanics's Debt-to-EBITDA falls into.



Atwood Oceanics Debt-to-EBITDA Calculation

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

Atwood Oceanics's Debt-to-EBITDA for the fiscal year that ended in Sep. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1227.919) / 546.99
=2.24

Atwood Oceanics's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1298.136) / 205.432
=6.32

* 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.

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 (Jun. 2017) EBITDA data.


Atwood Oceanics  (NYSE:ATW) 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.


Atwood Oceanics Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Atwood Oceanics's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Atwood Oceanics (Atwood Oceanics) Business Description

Traded in Other Exchanges
N/A
Address
Atwood Oceanics, Inc. is an offshore drilling company that offers drilling and completion of exploratory and development oil and gas wells. An array of unique drilling units is offered globally in the offshore market. Rig options can differ by operative depth of water, bottom condition, environment and geographical area, and by drilling and operating requirement. The main fleet options consist of deepwater semisubmersibles, jackups, and ultra-deepwater rigs. The majority of Atwood's revenue is derived globally from major integrated oil and natural gas companies and independent oil and gas companies.
Executives
Jeffrey Allen Miller director 3000 N. SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Phil D Wedemeyer director
Jack E Golden director 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Mark W. Smith officer: SVP & Chief Financial Officer 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Hans Helmerich director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
George S Dotson director
James R Montague director FIVE RADNOR CORPORATE CENTER, SUITE 500, RADNOR PA 19087
Barry Michael Smith officer: Sr. VP - Technical Services 15835 PARK TEN PLACE DRIEV, HOUSTON TX 77084
Robert J. Saltiel officer: President & CEO 4 GREENWAY PLAZA, HOUSTON TX 77046
Walter A Baker officer: Sr Vice Pres., General Counsel 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Stuart D Allen officer: See Remarks 1004 STANFORD ST., UNIT B, HOUSTON TX 77019
Geoffrey C. Wagner officer: VP, Marketing & Bus. Dev. 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Mark-anthony Lovell Mey officer: Exec. VP & CFO 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Alan Quintero officer: Senior Vice President - Operat 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084

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