Dragon Oil (LSE:DGO) Debt-to-EBITDA : 0.00 (As of Jun. 2015)

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What is Dragon Oil Debt-to-EBITDA?

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

Dragon Oil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was £0.0 Mil. Dragon Oil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was £0.0 Mil. Dragon Oil's annualized EBITDA for the quarter that ended in Jun. 2015 was £521.5 Mil. Dragon Oil's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 was 0.00.

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

LSE:DGO'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.

Dragon Oil Debt-to-EBITDA Historical Data

The historical data trend for Dragon Oil'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.

Dragon Oil Debt-to-EBITDA Chart

Dragon Oil Annual Data

Trend

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Dec14

Debt-to-EBITDA

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Dragon Oil Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Debt-to-EBITDA	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Dragon Oil's Debt-to-EBITDA

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

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

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

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

Dragon Oil Debt-to-EBITDA Calculation

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

Dragon Oil's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0)	/	571.92
	=	0.00

Dragon Oil's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0)	/	521.524
	=	0.00

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 two times the quarterly (Jun. 2015) EBITDA data.

Dragon Oil (LSE:DGO) 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.

Dragon Oil Debt-to-EBITDA Related Terms

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

Dragon Oil (LSE:DGO) Business Description

Industry

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Address

Website

http://www.dragonoil.com

Dragon Oil PLC is an independent oil and gas exploration, development and production company. The Company's producing asset is the Cheleken Contract Area, in the eastern section of the Caspian Sea, offshore Turkmenistan. It has exploration blocks offshore Tunisia (the Bargou Exploration Permit), in Iraq (Block 9), Afghanistan (Sanduqli and Mazar-i-Sharif blocks), offshore the Philippines (Service Contract 63) in partnership with other companies and Block 19 in Egypt. The Company develops the hydrocarbon reserves in the Cheleken Contract Area in accordance with the terms of the Production Sharing Agreement (PSA). As at 31 December 2014 the Company had probably oil reserves of 663 million barrels of oil and condensate, gas 2P reserves and contingent gas resources of c. 2.7 TCF. The Bargou Exploration Permit contains prospective resources, while Block 9, Sanduqli and Mazar-i-Sharif blocks and Block 19 are at an early stage of exploration. The Company is subject to the international laws and regulations that it operates in.

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