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Glori Energy (Glori Energy) Debt-to-EBITDA : -0.96 (As of Dec. 2016)


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What is Glori Energy Debt-to-EBITDA?

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

Glori Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $9.87 Mil. Glori Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $0.03 Mil. Glori Energy's annualized EBITDA for the quarter that ended in Dec. 2016 was $-10.32 Mil. Glori Energy's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2016 was -0.96.

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 Glori Energy's Debt-to-EBITDA or its related term are showing as below:

GLRI's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.375
* Ranked among companies with meaningful Debt-to-EBITDA only.

Glori Energy Debt-to-EBITDA Historical Data

The historical data trend for Glori Energy'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.

Glori Energy Debt-to-EBITDA Chart

Glori Energy Annual Data
Trend Mar12 Mar13 Mar14 Dec15 Dec16
Debt-to-EBITDA
-2.07 - -0.63 -0.35 -1.09

Glori Energy Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 -0.10 -0.99 -1.07 -1.55 -0.96

Competitive Comparison of Glori Energy's Debt-to-EBITDA

For the Shell Companies subindustry, Glori Energy'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.


Glori Energy's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Glori Energy's Debt-to-EBITDA distribution charts can be found below:

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



Glori Energy Debt-to-EBITDA Calculation

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

Glori Energy's Debt-to-EBITDA for the fiscal year that ended in Dec. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9.865 + 0.033) / -9.105
=-1.09

Glori Energy's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9.865 + 0.033) / -10.32
=-0.96

* 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. 2016) EBITDA data.


Glori Energy  (OTCPK:GLRI) 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.


Glori Energy Debt-to-EBITDA Related Terms

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


Glori Energy (Glori Energy) Business Description

Traded in Other Exchanges
N/A
Address
4315 South Drive, Houston, TX, USA, 77053
Glori Energy Inc is a development stage company.
Executives
Eric C Neuman director 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Ganesh Kishore director 11966 SACKSTON RIDGE DR, CREECE COCUR MO 63191
John U Clarke director PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
James C. Musselman director 4315 SOUTH DRIVE, HOUSTON TX 77053
Jonathan Fleming 10 percent owner 222 BERKELEY STREET, BOSTON MA 02116
Thomas O Hicks director 2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201
Michael Schulhof director

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