GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sylios Corp (GREY:UNGS) » Definitions » Debt-to-EBITDA

Sylios (Sylios) Debt-to-EBITDA : -2.34 (As of Dec. 2019)


View and export this data going back to 2009. Start your Free Trial

What is Sylios Debt-to-EBITDA?

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

Sylios's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $1.69 Mil. Sylios's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $0.00 Mil. Sylios's annualized EBITDA for the quarter that ended in Dec. 2019 was $-0.72 Mil. Sylios's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 was -2.34.

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

UNGS's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.74
* Ranked among companies with meaningful Debt-to-EBITDA only.

Sylios Debt-to-EBITDA Historical Data

The historical data trend for Sylios'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.

Sylios Debt-to-EBITDA Chart

Sylios Annual Data
Trend Dec09 Dec10 Dec18 Dec19
Debt-to-EBITDA
-1.03 24.25 -0.21 0.29

Sylios Quarterly Data
Sep08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Jun18 Sep18 Dec18 Jun19 Sep19 Dec19
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 - -0.05 -5.42 -1.99 -2.34

Competitive Comparison of Sylios's Debt-to-EBITDA

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


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

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

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



Sylios Debt-to-EBITDA Calculation

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

Sylios's Debt-to-EBITDA for the fiscal year that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.691 + 0) / 5.939
=0.28

Sylios's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.691 + 0) / -0.724
=-2.34

* 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. 2019) EBITDA data.


Sylios  (GREY:UNGS) 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.


Sylios Debt-to-EBITDA Related Terms

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


Sylios (Sylios) Business Description

Traded in Other Exchanges
N/A
Address
501 1st Avenue North, Suite 901, Saint Petersburg, FL, USA, 33701
Sylios Corp through its subsidiaries is engaged in the exploration and development of oil and natural gas properties, purchase of royalty, and working interest units in producing properties (oil and natural gas) and alternative land development projects.
Executives
Jimmy Wayne Anderson director, 10 percent owner, officer: President, CFO 501 1ST AVENUE NORTH, SUITE 901, ST. PETERSBURG FL 33701

Sylios (Sylios) Headlines

No Headlines