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SNGN Romgaz (SNGN Romgaz) Debt-to-EBITDA : 0.26 (As of Sep. 2023)


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What is SNGN Romgaz Debt-to-EBITDA?

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

SNGN Romgaz's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $71 Mil. SNGN Romgaz's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $196 Mil. SNGN Romgaz's annualized EBITDA for the quarter that ended in Sep. 2023 was $1,010 Mil. SNGN Romgaz's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.26.

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 SNGN Romgaz's Debt-to-EBITDA or its related term are showing as below:

SLTQY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.32
Current: 0.2

During the past 13 years, the highest Debt-to-EBITDA Ratio of SNGN Romgaz was 0.32. The lowest was 0.00. And the median was 0.01.

SLTQY's Debt-to-EBITDA is ranked better than
88.41% of 716 companies
in the Oil & Gas industry
Industry Median: 1.76 vs SLTQY: 0.20

SNGN Romgaz Debt-to-EBITDA Historical Data

The historical data trend for SNGN Romgaz'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.

SNGN Romgaz Debt-to-EBITDA Chart

SNGN Romgaz Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 - 0.32

SNGN Romgaz Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.54 0.23 0.18 0.24 0.26

Competitive Comparison of SNGN Romgaz's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, SNGN Romgaz'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.


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

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

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



SNGN Romgaz Debt-to-EBITDA Calculation

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

SNGN Romgaz's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(70.724 + 247.506) / 1002.762
=0.32

SNGN Romgaz's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(71.328 + 195.844) / 1010.148
=0.26

* 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. 2023) EBITDA data.


SNGN Romgaz  (OTCPK:SLTQY) 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.


SNGN Romgaz Debt-to-EBITDA Related Terms

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


SNGN Romgaz (SNGN Romgaz) Business Description

Traded in Other Exchanges
Address
4 Constantin I. Motas Square, Sibiu County, Medias, ROU, 551130
SNGN Romgaz SA acts as a natural gas producer and the main supplier in Romania. It holds interests in nearly 8 onshore exploration blocks located across Transylvania, Moldova, Oltenia, and Muntenia basins. The company operates through seven segments: Natural gas exploration & production, UGS activity, Natural gas supply, Special operations & services, Maintenance & transportation services, Electricity generation & supply, and Natural gas supply.