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Delta Oil & Gas (Delta Oil & Gas) Debt-to-EBITDA : 2.01 (As of Sep. 2014)


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What is Delta Oil & Gas Debt-to-EBITDA?

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

Delta Oil & Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was $0.20 Mil. Delta Oil & Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was $0.00 Mil. Delta Oil & Gas's annualized EBITDA for the quarter that ended in Sep. 2014 was $0.10 Mil. Delta Oil & Gas's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 was 2.01.

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 Delta Oil & Gas's Debt-to-EBITDA or its related term are showing as below:

DLTA's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.77
* Ranked among companies with meaningful Debt-to-EBITDA only.

Delta Oil & Gas Debt-to-EBITDA Historical Data

The historical data trend for Delta Oil & Gas'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.

Delta Oil & Gas Debt-to-EBITDA Chart

Delta Oil & Gas Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.06 -0.23

Delta Oil & Gas Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -0.18 -0.07 -0.73 19.33 2.01

Competitive Comparison of Delta Oil & Gas's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Delta Oil & Gas'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.


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

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

* The bar in red indicates where Delta Oil & Gas's Debt-to-EBITDA falls into.



Delta Oil & Gas Debt-to-EBITDA Calculation

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

Delta Oil & Gas's Debt-to-EBITDA for the fiscal year that ended in Dec. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.174 + 0) / -0.753
=-0.23

Delta Oil & Gas's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.201 + 0) / 0.1
=2.01

* 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 (Sep. 2014) EBITDA data.


Delta Oil & Gas  (GREY:DLTA) 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.


Delta Oil & Gas Debt-to-EBITDA Related Terms

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


Delta Oil & Gas (Delta Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
700 West Pender Street, Suite 604, Vancouver, BC, CAN, V6C 1G8
Delta Oil & Gas Inc is a part of the energy sector. It is an independent natural gas and oil company engaged in the exploration, development, and acquisition of natural gas and oil properties in the United States and Canada. The Company seeks to acquire and develop properties with undeveloped reserves that are economically attractive to it. Its properties include Texas Prospect, Premont Northwest Field, and King City.

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