TotalEnergies Marketing Ghana (XGHA:TOTAL) Debt-to-EBITDA : 1.56 (As of Sep. 2023)

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What is TotalEnergies Marketing Ghana Debt-to-EBITDA?

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

TotalEnergies Marketing Ghana's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was GHS350 Mil. TotalEnergies Marketing Ghana's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was GHS115 Mil. TotalEnergies Marketing Ghana's annualized EBITDA for the quarter that ended in Sep. 2023 was GHS297 Mil. TotalEnergies Marketing Ghana's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.56.

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 TotalEnergies Marketing Ghana's Debt-to-EBITDA or its related term are showing as below:

XGHA:TOTAL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.4 Med: 1.09 Max: 1.55
Current: 1.55

During the past 8 years, the highest Debt-to-EBITDA Ratio of TotalEnergies Marketing Ghana was 1.55. The lowest was 0.40. And the median was 1.09.

XGHA:TOTAL's Debt-to-EBITDA is ranked better than
54.94% of 719 companies
in the Oil & Gas industry
Industry Median: 1.76 vs XGHA:TOTAL: 1.55

TotalEnergies Marketing Ghana Debt-to-EBITDA Historical Data

The historical data trend for TotalEnergies Marketing Ghana'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.

TotalEnergies Marketing Ghana Debt-to-EBITDA Chart

TotalEnergies Marketing Ghana Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

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1.27

0.94

0.40

0.47

0.92

TotalEnergies Marketing Ghana 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															0.76	0.66	1.03	1.86	1.56

Competitive Comparison of TotalEnergies Marketing Ghana's Debt-to-EBITDA

For the Oil & Gas Refining & Marketing subindustry, TotalEnergies Marketing Ghana'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.

TotalEnergies Marketing Ghana's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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

TotalEnergies Marketing Ghana Debt-to-EBITDA Calculation

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

TotalEnergies Marketing Ghana'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
	=	(156.148	+	113.852)	/	292.822
	=	0.92

TotalEnergies Marketing Ghana'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
	=	(349.86	+	115.131)	/	297.456
	=	1.56

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.

TotalEnergies Marketing Ghana (XGHA:TOTAL) 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.

TotalEnergies Marketing Ghana Debt-to-EBITDA Related Terms

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

TotalEnergies Marketing Ghana (XGHA:TOTAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TotalEnergies Marketing Ghana Plc (XGHA:TOTAL) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 25 Liberia Road, P.O. Box 553, Total House, Accra, GHA

Website

https://www.totalenergies.com.gh

TotalEnergies Marketing Ghana Plc is engaged in the business of marketing petroleum and allied products. The reportable operating segments derive their revenue mainly from the sales of petroleum and allied products. Revenue from sales to service stations Network and sales to consumer customers Commercial accounts for Ninety percent of the Company and Group's revenue. It offers services across the Aviation, Bitumen and Mining industries, besides the Manufacturing and Roads Sectors.

TotalEnergies Marketing Ghana (XGHA:TOTAL) Headlines

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