ENGY (Central Energy Partners LP) Debt-to-EBITDA : -0.96 (As of Jun. 2015)

What is Central Energy Partners LP Debt-to-EBITDA?

Central Energy Partners LP ENGY Debt-to-EBITDA is -0.96 as of Jun. 2015.

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

Central Energy Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $2.38 Mil. Central Energy Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $0.00 Mil. Central Energy Partners LP's annualized EBITDA for the quarter that ended in Jun. 2015 was $-2.48 Mil. Central Energy Partners LP's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 was -0.96.

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 Central Energy Partners LP's Debt-to-EBITDA or its related term are showing as below:

ENGY's Debt-to-EBITDA is not ranked ^*
in the Oil & Gas industry.
Industry Median: 2.015
* Ranked among companies with meaningful Debt-to-EBITDA only.

Central Energy Partners LP (OTCPK:ENGY) 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.

Central Energy Partners LP Debt-to-EBITDA Related Terms

Central Energy Partners LP Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Central Energy Partners LP'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.

Central Energy Partners LP Debt-to-EBITDA Chart

Central Energy Partners LP Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Debt-to-EBITDA

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1.46

-4.03

0.00

11.39

5.53

Central Energy Partners LP Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Debt-to-EBITDA	Get a 7-Day Free Trial															1.66	-1.56	-1.93	-0.96	-0.98

ENGY vs PGAS, SNMP, MRGE: Debt-to-EBITDA Comparison

For the Oil & Gas Midstream subindustry, Central Energy Partners LP'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.

Central Energy Partners LP Debt-to-EBITDA vs Oil & Gas Industry

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

* The bar in red indicates where Central Energy Partners LP's Debt-to-EBITDA falls into.

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Central Energy Partners LP Debt-to-EBITDA Calculation

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

Central Energy Partners LP's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	2.112)	/	0.382
	=	5.53

Central Energy Partners LP's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.376	+	0)	/	-2.476
	=	-0.96

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 (Jun. 2015) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →

What does a Debt-to-EBITDA of -0.96 mean?

Central Energy Partners LP (ENGY) has a Debt-to-EBITDA of -0.96 as of Jun. 2015. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Central Energy Partners LP.

Is Central Energy Partners LP's Debt-to-EBITDA too high?

Central Energy Partners LP's current Debt-to-EBITDA is -0.96.

How does Central Energy Partners LP's Debt-to-EBITDA compare to PGAS and SNMP?

Central Energy Partners LP's Debt-to-EBITDA of -0.96 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-EBITDA is 2.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Debt-to-EBITDA for an Oil & Gas company?

The median Debt-to-EBITDA among Oil & Gas companies is 2.02, based on 704 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Debt-to-EBITDA mean?

A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Central Energy Partners LP. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Energy Partners LP's current Debt-to-EBITDA is -0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Central Energy Partners LP stock overvalued right now?

Central Energy Partners LP (ENGY) has a current Debt-to-EBITDA of -0.96. The current Debt-to-EBITDA is -0.96. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Debt-to-EBITDA calculated?

Debt-to-EBITDA is calculated from a company's financial statements. For Central Energy Partners LP (ENGY), the current Debt-to-EBITDA is -0.96 as of Jun. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Central Energy Partners LP Business Description

Industry Energy Oil & Gas

Comparable Companies PGAS SNMP MRGE SGX:5PD BSE:OIL HKSE:08117 BKEP HKSE:00681 ASX:MTN DLNG ASX:LNG SGX:C9Q TSXV:MCR NNA USWS GASS OSG OSL:SIOFF BSE:COTE MMLP

Address 4809 Cole Avenue, Suite 108, Dallas, TX, USA, 75205

Website http://www.centralenergylp.com

Central Energy Partners LP provides liquid bulk storage, trans-loading, and transportation services for hazardous chemicals and petroleum products. Its key activities include the storage, transportation and railcar trans-loading of bulk liquids, including hazardous chemicals and petroleum products. It transports a range of hazardous products, such as aluminum sulfate solution, hydrochloric acid, sulfuric acid, aqua ammonia, sodium bisulfate and fuel blends.