FTXP (Foothills Exploration) Debt-to-EBITDA : 1.02 (As of Sep. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Foothills Exploration Debt-to-EBITDA?

Foothills Exploration FTXP -99.00% Debt-to-EBITDA is 1.02 as of Sep. 2019.

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

Foothills Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $10.66 Mil. Foothills Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil. Foothills Exploration's annualized EBITDA for the quarter that ended in Sep. 2019 was $10.45 Mil. Foothills Exploration's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2019 was 1.02.

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 Foothills Exploration's Debt-to-EBITDA or its related term are showing as below:

FTXP's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 2.005
* Ranked among companies with meaningful Debt-to-EBITDA only.

Foothills Exploration  (OTCPK:FTXP) 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.


Foothills Exploration Debt-to-EBITDA Related Terms


Foothills Exploration Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Foothills Exploration'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.

Foothills Exploration Debt-to-EBITDA Chart

Foothills Exploration Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial 0.00 -10.53 -3.14 -1.56 -2.32

Foothills Exploration Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -6.03 -0.99 4.19 -6.38 1.02

FTXP vs CNRR, GBR, ENRJ: Debt-to-EBITDA Comparison

For the Oil & Gas E&P subindustry, Foothills Exploration'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.


Foothills Exploration Debt-to-EBITDA vs Oil & Gas Industry

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

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



Foothills Exploration Debt-to-EBITDA Calculation

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

Foothills Exploration'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
=(9.027 + 0.033) / -3.904
=-2.32

Foothills Exploration's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(10.657 + 0) / 10.452
=1.02

* 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. 2019) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.02 mean?
Foothills Exploration (FTXP) has a Debt-to-EBITDA of 1.02 as of Sep. 2019. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Foothills Exploration.
Is Foothills Exploration's Debt-to-EBITDA too high?
Foothills Exploration's current Debt-to-EBITDA is 1.02. The Oil & Gas industry median Debt-to-EBITDA is 2.01. Foothills Exploration's value of 1.02 is 49.1% below this industry median.
How does Foothills Exploration's Debt-to-EBITDA compare to CNRR and GBR?
Foothills Exploration's Debt-to-EBITDA of 1.02 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-EBITDA is 2.01. Foothills Exploration's value of 1.02 is 49.1% below 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 2.01, 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. Foothills Exploration's current Debt-to-EBITDA of 1.02 is 49.1% below 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 Foothills Exploration. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foothills Exploration's current Debt-to-EBITDA is 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foothills Exploration stock overvalued right now?
Foothills Exploration (FTXP) has a current Debt-to-EBITDA of 1.02. The current Debt-to-EBITDA is 1.02 and 49.1% below the Oil & Gas industry median of 2.01. 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 Foothills Exploration (FTXP), the current Debt-to-EBITDA is 1.02 as of Sep. 2019. 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.

Foothills Exploration Business Description

Industry EnergyOil & Gas
Address 2660 Townsgate Road, Suite 800, Westlake Village, CA, USA, 91361
Foothills Exploration Inc is an independent oil and gas exploration and production company. It engages in the acquisition and development of oil and natural gas properties. The firm is actively focused on acquiring producing and developmental properties in the Rockies and Gulf Coast regions. Its projects include Wind River Basin, Stagecoach Project, and Altamont-Bluebell Project.