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Freedom Energy (FRA:B1H2) Debt-to-EBITDA : -10.97 (As of Dec. 2018)


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What is Freedom Energy Debt-to-EBITDA?

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

Freedom Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was €0.40 Mil. Freedom Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was €0.00 Mil. Freedom Energy's annualized EBITDA for the quarter that ended in Dec. 2018 was €-0.04 Mil. Freedom Energy's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2018 was -10.97.

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

FRA:B1H2' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -205   Med: -0.52   Max: -0.04
Current: -0.71

During the past 13 years, the highest Debt-to-EBITDA Ratio of Freedom Energy was -0.04. The lowest was -205.00. And the median was -0.52.

FRA:B1H2's Debt-to-EBITDA is not ranked
in the Steel industry.
Industry Median: 2.79 vs FRA:B1H2: -0.71

Freedom Energy Debt-to-EBITDA Historical Data

The historical data trend for Freedom Energy'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.

Freedom Energy Debt-to-EBITDA Chart

Freedom Energy Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 -0.73 -209.00 -0.76 -0.52

Freedom Energy 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 -1.25 -0.20 -2.18 -4.25 -10.97

Competitive Comparison of Freedom Energy's Debt-to-EBITDA

For the Coking Coal subindustry, Freedom Energy'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.


Freedom Energy's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Freedom Energy's Debt-to-EBITDA distribution charts can be found below:

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



Freedom Energy Debt-to-EBITDA Calculation

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

Freedom Energy's Debt-to-EBITDA for the fiscal year that ended in Mar. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.145 + 0.216) / -0.697
=-0.52

Freedom Energy'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
=(0.395 + 0) / -0.036
=-10.97

* 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.


Freedom Energy  (FRA:B1H2) 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.


Freedom Energy Debt-to-EBITDA Related Terms

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


Freedom Energy (FRA:B1H2) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 315, Vancouver, BC, CAN, V6C 3N6
Freedom Energy Inc is an exploration stage junior mining company. It is engaged in the exploration, evaluation, and development of metallurgical coal, and oil and gas projects in North America. It also holds an interest in Good Hope gold property. The firm operates through one segment that is Exploration and Evaluation of mineral property interests.

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