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Woodside Energy Group (FRA:WOP0) Debt-to-EBITDA : 0.83 (As of Jun. 2024)


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What is Woodside Energy Group Debt-to-EBITDA?

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

Woodside Energy Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €1,123 Mil. Woodside Energy Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €5,721 Mil. Woodside Energy Group's annualized EBITDA for the quarter that ended in Jun. 2024 was €8,274 Mil. Woodside Energy Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.83.

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

FRA:WOP0' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.28   Med: 1.21   Max: 2.4
Current: 1.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Woodside Energy Group was 2.40. The lowest was -2.28. And the median was 1.21.

FRA:WOP0's Debt-to-EBITDA is ranked better than
70.2% of 708 companies
in the Oil & Gas industry
Industry Median: 1.885 vs FRA:WOP0: 1.03

Woodside Energy Group Debt-to-EBITDA Historical Data

The historical data trend for Woodside Energy Group'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.

Woodside Energy Group Debt-to-EBITDA Chart

Woodside Energy Group 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 2.40 -2.28 1.31 0.55 0.85

Woodside Energy Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.88 0.41 0.67 1.21 0.83

Competitive Comparison of Woodside Energy Group's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Woodside Energy Group'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.


Woodside Energy Group's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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



Woodside Energy Group Debt-to-EBITDA Calculation

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

Woodside Energy Group'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
=(273.266 + 5685.4) / 7033.39
=0.85

Woodside Energy Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1123.161 + 5720.782) / 8273.674
=0.83

* 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 two times the quarterly (Jun. 2024) EBITDA data.


Woodside Energy Group  (FRA:WOP0) 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.


Woodside Energy Group Debt-to-EBITDA Related Terms

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


Woodside Energy Group Business Description

Address
11 Mount Street, Mia Yellagonga, Perth, WA, AUS, 6000
Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2010, Shell further decreased its shareholding to 24%. Woodside has the potential to become the most LNG-leveraged company globally.

Woodside Energy Group Headlines

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