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Dana Gas PJSC (ADX:DANA) Debt-to-EBITDA : 0.58 (As of Sep. 2024)


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What is Dana Gas PJSC Debt-to-EBITDA?

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

Dana Gas PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was د.إ272 Mil. Dana Gas PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was د.إ257 Mil. Dana Gas PJSC's annualized EBITDA for the quarter that ended in Sep. 2024 was د.إ911 Mil. Dana Gas PJSC's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.58.

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 Dana Gas PJSC's Debt-to-EBITDA or its related term are showing as below:

ADX:DANA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.82   Med: 1.35   Max: 4.32
Current: 0.62

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dana Gas PJSC was 4.32. The lowest was -18.82. And the median was 1.35.

ADX:DANA's Debt-to-EBITDA is ranked better than
78.95% of 708 companies
in the Oil & Gas industry
Industry Median: 1.885 vs ADX:DANA: 0.62

Dana Gas PJSC Debt-to-EBITDA Historical Data

The historical data trend for Dana Gas PJSC'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.

Dana Gas PJSC Debt-to-EBITDA Chart

Dana Gas PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 -0.60 0.49 0.76 0.97

Dana Gas PJSC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.86 1.17 0.92 0.83 0.58

Competitive Comparison of Dana Gas PJSC's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Dana Gas PJSC'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.


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

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

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



Dana Gas PJSC Debt-to-EBITDA Calculation

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

Dana Gas PJSC's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(521.572 + 404.035) / 954.991
=0.97

Dana Gas PJSC's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(271.805 + 257.113) / 910.916
=0.58

* 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. 2024) EBITDA data.


Dana Gas PJSC  (ADX:DANA) 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.


Dana Gas PJSC Debt-to-EBITDA Related Terms

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


Dana Gas PJSC Business Description

Traded in Other Exchanges
N/A
Address
Al Buhaira Corniche, P.O. Box 2011, Crescent Tower, 11th Floor, Sharjah, ARE
Dana Gas PJSC is a Middle Eastern natural gas exploration and production company. It operates several assets in Egypt, the Kurdistan Region of Iraq, and the United Arab Emirates. The company's possession of assets includes both onshore and offshore assets. Assets are held through government concessions. Dana Gas operations are divided into several subsidiaries that either engage in exploration and production, gas sweetening, gas transmission, or gas processing. Traditionally, gas and condensate have contributed the largest portion of revenue.

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