Viva Energy Group (ASX:VEA) Debt-to-EBITDA : 4.80 (As of Dec. 2023)

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What is Viva Energy Group Debt-to-EBITDA?

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

Viva Energy Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$207 Mil. Viva Energy Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$2,789 Mil. Viva Energy Group's annualized EBITDA for the quarter that ended in Dec. 2023 was A$624 Mil. Viva Energy Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.80.

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 Viva Energy Group's Debt-to-EBITDA or its related term are showing as below:

ASX:VEA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.34 Med: 4.27 Max: 12.15
Current: 5.33

During the past 6 years, the highest Debt-to-EBITDA Ratio of Viva Energy Group was 12.15. The lowest was 0.34. And the median was 4.27.

ASX:VEA's Debt-to-EBITDA is ranked worse than
86.82% of 721 companies
in the Oil & Gas industry
Industry Median: 1.7 vs ASX:VEA: 5.33

Viva Energy Group Debt-to-EBITDA Historical Data

The historical data trend for Viva Energy Group'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.

Viva Energy Group Debt-to-EBITDA Chart

Viva Energy Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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5.00

12.15

3.54

2.10

5.33

Viva Energy Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial							3.70	1.11	9.22	6.02	4.80

Competitive Comparison of Viva Energy Group's Debt-to-EBITDA

For the Oil & Gas Refining & Marketing subindustry, Viva Energy Group'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.

Viva Energy Group's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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

Viva Energy Group Debt-to-EBITDA Calculation

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

Viva Energy Group'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
	=	(206.8	+	2788.5)	/	562.4
	=	5.33

Viva Energy Group's annualized Debt-to-EBITDA for the quarter 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
	=	(206.8	+	2788.5)	/	623.6
	=	4.80

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 (Dec. 2023) EBITDA data.

Viva Energy Group (ASX:VEA) 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.

Viva Energy Group Debt-to-EBITDA Related Terms

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

Viva Energy Group (ASX:VEA) Business Description

Industry

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Traded in Other Exchanges

2AH:Germany

Address

720 Bourke Street, Level 16, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.vivaenergy.com.au

Viva is Australia's second-largest vertically integrated refined transport fuel supplier. We rate Viva as the second-most-significant pipeline owner, and at approximately 1,155 locations, Viva supplies the third-largest number of retail sites in Australia behind Ampol at approximately 1,985 and BP at 1,400.Vitol bought Shell's Australian downstream operations in 2014, and renamed them Viva Energy. Viva subsequently bought Shell's Australian aviation operations and a 50% investment in Liberty Oil. In 2016, Viva sold (and leased back) a portfolio of its retail sites to Viva Energy REIT and listed Viva Energy REIT on the ASX. It has since sold its entire REIT stake for AUD 734 million.