Heron Lake BioEnergy LLC (Heron Lake BioEnergy LLC) Debt-to-EBITDA : 0.66 (As of Jul. 2021)

Heron Lake BioEnergy LLC Debt-to-EBITDA Chart

Heron Lake BioEnergy LLC Annual Data
	Trend	Oct11	Oct12	Oct13	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20
Debt-to-EBITDA		Get a 7-Day Free Trial					0.36	0.11	0.15	3.64	-2.48

Heron Lake BioEnergy LLC Quarterly Data
	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21
Debt-to-EBITDA	Get a 7-Day Free Trial															-1.61	-20.09	-2.79	1.60	0.66

Competitive Comparison of Heron Lake BioEnergy LLC's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Heron Lake BioEnergy LLC'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.

Heron Lake BioEnergy LLC's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Heron Lake BioEnergy LLC's Debt-to-EBITDA falls into.

Heron Lake BioEnergy LLC Debt-to-EBITDA Calculation

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

Heron Lake BioEnergy LLC's Debt-to-EBITDA for the fiscal year that ended in Oct. 2020 is calculated as

Heron Lake BioEnergy LLC's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2021 is calculated as

* 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 (Jul. 2021) EBITDA data.

Heron Lake BioEnergy LLC  (GREY:HLBYL) 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.

Heron Lake BioEnergy LLC Debt-to-EBITDA Related Terms

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Heron Lake BioEnergy LLC (Heron Lake BioEnergy LLC) Business Description