LOECF (Logan energy) Debt-to-EBITDA : 0.02 (As of Dec. 2024)

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What is Logan energy Debt-to-EBITDA?

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

Logan energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. Logan energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.92 Mil. Logan energy's annualized EBITDA for the quarter that ended in Dec. 2024 was $37.46 Mil. Logan energy's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 0.02.

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 Logan energy's Debt-to-EBITDA or its related term are showing as below:

LOECF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.03 Med: 0 Max: 0.03
Current: 0.03

During the past 3 years, the highest Debt-to-EBITDA Ratio of Logan energy was 0.03. The lowest was -0.03. And the median was 0.00.

LOECF's Debt-to-EBITDA is ranked better than
95.68% of 718 companies
in the Oil & Gas industry
Industry Median: 1.87 vs LOECF: 0.03

Logan energy Debt-to-EBITDA Historical Data

The historical data trend for Logan 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.

Logan energy Debt-to-EBITDA Chart

Logan energy Annual Data

Trend

Dec22

Dec23

Dec24

Debt-to-EBITDA

-0.03

0.03

Logan energy Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-EBITDA	Get a 7-Day Free Trial						-	-	-	0.33	0.02

Competitive Comparison of Logan energy's Debt-to-EBITDA

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

Logan energy's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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

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Logan energy Debt-to-EBITDA Calculation

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

Logan energy's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0.915)	/	35.037
	=	0.03

Logan energy's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0.915)	/	37.456
	=	0.02

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. 2024) EBITDA data.

Logan energy (OTCPK:LOECF) 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.

Logan energy Debt-to-EBITDA Related Terms

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

Logan energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Logan energy Corp (OTCPK:LOECF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

R76:Germany LGN:Canada

Address

736 - 6th Avenue S.W., Suite 1800, Calgary, AB, CAN, T2P 3T7

Website

https://www.loganenergycorp.com

Logan energy Corp is a growth-oriented exploration, development and production company. It is founded with initial capitalization and three high-quality and opportunity-rich Montney assets located in the Simonette and Pouce Coupe areas of northwest Alberta and the Flatrock area of northeastern British Columbia. The company carries on the exploration,development and production of oil and natural gas.