GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dorchester Minerals LP (NAS:DMLP) » Definitions » Debt-to-EBITDA

Dorchester Minerals LP (Dorchester Minerals LP) Debt-to-EBITDA : 0.01 (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Dorchester Minerals LP Debt-to-EBITDA?

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

Dorchester Minerals LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.3 Mil. Dorchester Minerals LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.0 Mil. Dorchester Minerals LP's annualized EBITDA for the quarter that ended in Dec. 2023 was $147.1 Mil. Dorchester Minerals LP's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.01.

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 Dorchester Minerals LP's Debt-to-EBITDA or its related term are showing as below:

DMLP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.06
Current: 0.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dorchester Minerals LP was 0.06. The lowest was 0.01. And the median was 0.02.

DMLP's Debt-to-EBITDA is ranked better than
99.86% of 721 companies
in the Oil & Gas industry
Industry Median: 1.7 vs DMLP: 0.01

Dorchester Minerals LP Debt-to-EBITDA Historical Data

The historical data trend for Dorchester Minerals LP'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.

Dorchester Minerals LP Debt-to-EBITDA Chart

Dorchester Minerals LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.06 0.02 0.01 0.01

Dorchester Minerals LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.01 0.01 0.02 0.01 0.01

Competitive Comparison of Dorchester Minerals LP's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Dorchester Minerals LP'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.


Dorchester Minerals LP's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Dorchester Minerals LP's Debt-to-EBITDA falls into.



Dorchester Minerals LP Debt-to-EBITDA Calculation

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

Dorchester Minerals LP's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.272 + 1.041) / 140.618
=0.01

Dorchester Minerals LP's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.272 + 1.041) / 147.12
=0.01

* 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 (Dec. 2023) EBITDA data.


Dorchester Minerals LP  (NAS:DMLP) 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.


Dorchester Minerals LP Debt-to-EBITDA Related Terms

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


Dorchester Minerals LP (Dorchester Minerals LP) Business Description

Traded in Other Exchanges
N/A
Address
3838 Oak Lawn Avenue, Suite 300, Dallas, TX, USA, 75219
Dorchester Minerals LP operates as the owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests. The company generates revenues from royalties, net profits interests, lease bonus, and others. It has leasehold interests in approximately 592 counties and parishes in around 28 states.
Executives
Dorchester Minerals Operating Lp other: Entity Under Common Control 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Bradley J Ehrman officer: Chief Operating Officer 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Leslie A Moriyama officer: Chief Financial Officer 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
William Casey Mcmanemin director, 10 percent owner, officer: Chief Executive Officer C/O DORCHESTER MINERALS, L.P., 3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Martha Rochelle director 3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Allen H C Jr director, officer: Chief Financial Officer 3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Robert C Vaughn director 3838 OAK LAWN AVENUE, SUITE 710, DALLAS TX 75219
Allen D Lassiter director 25 HIGHLAND PARK VILLAGE, STE 100-780, DALLAS TX 75205
James E Raley director, officer: CHIEF OPERATING OFFICER 9666 ATHERTON DRIVE, DALLAS TX 75243
Buford P Berry director 1700 PACIFIC, SUITE 3300, DALLAS TX 75201
Charles William Russell director 4695 N FM 2869, WINNSBORO TX 75494
Preston A Peak director 3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Ronald Paul Trout director 1241 MOHAWK TRAIL, RICHARDSON, RICHARDSON TX 75080
Lucent Technologies Inc. Master Pension Trust 10 percent owner 600 MOUNTAIN AVENUE, ROOM 7D-523, MURRAY HILL NJ 07974
Wolf Partners Red 10 percent owner 3738 OAK LAWN AVE STE 300, DALLAS TX 75201

Dorchester Minerals LP (Dorchester Minerals LP) Headlines