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Chevron Lubricants Lanka (COL:LLUB.N0000) Debt-to-EBITDA : 0.10 (As of Sep. 2024)


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What is Chevron Lubricants Lanka Debt-to-EBITDA?

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

Chevron Lubricants Lanka's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was රු57 Mil. Chevron Lubricants Lanka's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was රු550 Mil. Chevron Lubricants Lanka's annualized EBITDA for the quarter that ended in Sep. 2024 was රු6,274 Mil. Chevron Lubricants Lanka's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.10.

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 Chevron Lubricants Lanka's Debt-to-EBITDA or its related term are showing as below:

COL:LLUB.N0000' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.08   Max: 0.12
Current: 0.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chevron Lubricants Lanka was 0.12. The lowest was 0.03. And the median was 0.08.

COL:LLUB.N0000's Debt-to-EBITDA is ranked better than
92.09% of 708 companies
in the Oil & Gas industry
Industry Median: 1.885 vs COL:LLUB.N0000: 0.10

Chevron Lubricants Lanka Debt-to-EBITDA Historical Data

The historical data trend for Chevron Lubricants Lanka'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.

Chevron Lubricants Lanka Debt-to-EBITDA Chart

Chevron Lubricants Lanka 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 0.12 0.11 0.07 0.07 0.09

Chevron Lubricants Lanka 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 0.09 0.11 0.07 0.13 0.10

Competitive Comparison of Chevron Lubricants Lanka's Debt-to-EBITDA

For the Oil & Gas Refining & Marketing subindustry, Chevron Lubricants Lanka'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.


Chevron Lubricants Lanka's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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



Chevron Lubricants Lanka Debt-to-EBITDA Calculation

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

Chevron Lubricants Lanka'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
=(34.935 + 465.151) / 5463.229
=0.09

Chevron Lubricants Lanka'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
=(56.747 + 550.154) / 6274.144
=0.10

* 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.


Chevron Lubricants Lanka  (COL:LLUB.N0000) 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.


Chevron Lubricants Lanka Debt-to-EBITDA Related Terms

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


Chevron Lubricants Lanka Business Description

Traded in Other Exchanges
N/A
Address
No. 200, Nawala Road, Level 16, MAGA ONE, Narahenpita, Colombo, LKA, 05
Chevron Lubricants Lanka PLC is engaged in the business of importing, blending, distributing and marketing lubricant oils and greases. It offers passenger vehicle engine oils, over four-stroke motorcycle engine oils, two-stroke and outboard engine oil, general-purpose automotive gear oils, automatic transmission oils and others under the Havoline brand. The company offers various services, such as in-service oil monitoring, drain interval optimization, lube specialist course, systematic failure analysis expertise, endoscope inspections and lubrication surveys.

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