Colombia Energy Resources (Colombia Energy Resources) Debt-to-EBITDA : -0.06 (As of Sep. 2012)

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What is Colombia Energy Resources Debt-to-EBITDA?

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

Colombia Energy Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was $0.00 Mil. Colombia Energy Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was $0.80 Mil. Colombia Energy Resources's annualized EBITDA for the quarter that ended in Sep. 2012 was $-13.96 Mil. Colombia Energy Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2012 was -0.06.

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

CERX's Debt-to-EBITDA is not ranked ^*
in the Other Energy Sources industry.
Industry Median: 1.365
* Ranked among companies with meaningful Debt-to-EBITDA only.

Colombia Energy Resources Debt-to-EBITDA Historical Data

The historical data trend for Colombia Energy Resources'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.

Colombia Energy Resources Debt-to-EBITDA Chart

Colombia Energy Resources Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Debt-to-EBITDA

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-0.36

-0.15

-0.33

-1.73

-0.06

Colombia Energy Resources Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.05	-0.05	-0.15	-0.15	-0.06

Competitive Comparison of Colombia Energy Resources's Debt-to-EBITDA

For the Thermal Coal subindustry, Colombia Energy Resources'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.

Colombia Energy Resources's Debt-to-EBITDA Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Colombia Energy Resources's Debt-to-EBITDA distribution charts can be found below:

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

Colombia Energy Resources Debt-to-EBITDA Calculation

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

Colombia Energy Resources's Debt-to-EBITDA for the fiscal year that ended in Dec. 2011 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.604	+	0)	/	-10.652
	=	-0.06

Colombia Energy Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2012 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0.8)	/	-13.96
	=	-0.06

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. 2012) EBITDA data.

Colombia Energy Resources (OTCPK:CERX) 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.

Colombia Energy Resources Debt-to-EBITDA Related Terms

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

Colombia Energy Resources (Colombia Energy Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Colombia Energy Resources Inc (OTCPK:CERX) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Embarcadero Center, Suite 500, San Francisco, CA, USA, 94111

Website

Colombia Energy Resources Inc. is engaged in the business of acquiring and developing metallurgical coal mines in Colombia, South America. The Company owns and controls mining concessions in the provinces of Boyaca and Santander regions.

Executives

Watsa V Prem Et Al	10 percent owner	95 WELLINGTON STREET WEST, SUITE 800, TORONTO A6 M5J 2N7
Fairfax Financial Holdings Ltd/ Can	10 percent owner	FAIRFAX FINANCIAL HOLDINGS LTD, 95 WELLINGTON ST WEST STE 800, TORONTO A6 M5J 2N7
Sixty Two Investment Co Ltd	10 percent owner	1600 CATHEDRAL PLACE, 925 W GEORGIA ST, VANCOUVER BC CANADA A1 V6C3L3
Second 1109 Holdco Ltd.	10 percent owner	95 WELLINGTON ST W STE 800, TORONTO A6 M5J 2N7
810679 Ontario Ltd	10 percent owner	95 WELLINGTON STREET WEST SUITE 800, TORONTO ONTARIO CANADA A6 00000
Odyssey America Reinsurance Corp	10 percent owner	300 FIRST STAMFORD PLACE, STAMFORD CT 06902
Steelhead Partners Llc	other: See footnotes (1) (2) (3)	800 FIFTH AVENUE, SUITE 3700, SEATTLE WA 98104
James Michael Johnston	other: See footnotes (1) (2) (3)	333 108TH AVENUE NE, SUITE 2010, BELLEVUE WA 98004
Brian Katz Klein	other: See footnotes (1) (2) (3)	333 108TH AVENUE NE, SUITE 2010, BELLEVUE WA 98004
Steelhead Navigator Master, L.p.	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Peter B Lilly	other: Former Director	4501 GULF SHORE BLVD N, ARIA 1203, NAPLES FL 34103
Ronald G Stovash	other: Former Officer	16496 FELICITA COURT, NAPLES FL 34110-3264

Colombia Energy Resources (Colombia Energy Resources) Headlines

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