EXCE (EXCO Resources) Debt-to-EBITDA : 2.67 (As of Dec. 2018)


What is EXCO Resources Debt-to-EBITDA?

EXCO Resources EXCE Debt-to-EBITDA is 2.67 as of Dec. 2018.

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

EXCO Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $473.4 Mil. EXCO Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.0 Mil. EXCO Resources's annualized EBITDA for the quarter that ended in Dec. 2018 was $177.3 Mil. EXCO Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2018 was 2.67.

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

EXCE's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 2.02
* Ranked among companies with meaningful Debt-to-EBITDA only.

EXCO Resources  (OTCPK:EXCE) 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.


EXCO Resources Debt-to-EBITDA Related Terms


EXCO Resources Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for EXCO 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.

EXCO Resources Debt-to-EBITDA Chart

EXCO Resources Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.99 -1.57 -17.21 7.41 -6.48

EXCO Resources Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -8.39 -0.63 3.15 3.56 2.67

EXCE vs UPLC, AXAS, CHAP: Debt-to-EBITDA Comparison

For the Oil & Gas E&P subindustry, EXCO 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.


EXCO Resources Debt-to-EBITDA vs Oil & Gas Industry

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

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



EXCO Resources Debt-to-EBITDA Calculation

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

EXCO Resources's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(473.364 + 0) / -73.009
=-6.48

EXCO Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(473.364 + 0) / 177.32
=2.67

* 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 (Dec. 2018) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.67 mean?
EXCO Resources (EXCE) has a Debt-to-EBITDA of 2.67 as of Dec. 2018. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on EXCO Resources.
Is EXCO Resources' Debt-to-EBITDA too high?
EXCO Resources' current Debt-to-EBITDA is 2.67. The Oil & Gas industry median Debt-to-EBITDA is 2.02. EXCO Resources' value of 2.67 is 32.2% above this industry median.
How does EXCO Resources' Debt-to-EBITDA compare to UPLC and AXAS?
EXCO Resources' Debt-to-EBITDA of 2.67 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-EBITDA is 2.02. EXCO Resources' value of 2.67 is 32.2% above this benchmark. 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 701 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. EXCO Resources's current Debt-to-EBITDA of 2.67 is 32.2% above the industry median. 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 EXCO Resources. 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. EXCO Resources's current Debt-to-EBITDA is 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EXCO Resources stock overvalued right now?
EXCO Resources (EXCE) has a current Debt-to-EBITDA of 2.67. The current Debt-to-EBITDA is 2.67 and 32.2% above the Oil & Gas industry median of 2.02. 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 EXCO Resources (EXCE), the current Debt-to-EBITDA is 2.67 as of Dec. 2018. 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.

EXCO Resources Business Description

Industry EnergyOil & Gas
Address 12377 Merit Drive, Suite 1700, Dallas, TX, USA, 75251
EXCO Resources Inc is an oil and gas exploration and production company. Its operations include the exploration, acquisition, development, and production of oil and gas reserves. These activities take place in the company's onshore oilfields within the United States, and focus on shale resource plays. Its fields are located in key oil and gas areas, including Texas, Louisiana, and the Appalachian region. The Louisiana and Texas operations are the most productive fields. The majority of the company's revenue is generated from natural gas, with a smaller portion coming from oil.