LOGL (Legend Oil & Gas) Debt-to-EBITDA : -1.91 (As of Dec. 2016)

What is Legend Oil & Gas Debt-to-EBITDA?

Legend Oil & Gas LOGL -90.00% Debt-to-EBITDA is -1.91 as of Dec. 2016.

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

Legend Oil & Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $0.70 Mil. Legend Oil & Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $8.38 Mil. Legend Oil & Gas's annualized EBITDA for the quarter that ended in Dec. 2016 was $-4.75 Mil. Legend Oil & Gas's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2016 was -1.91.

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 Legend Oil & Gas's Debt-to-EBITDA or its related term are showing as below:

LOGL's Debt-to-EBITDA is not ranked ^*
in the Oil & Gas industry.
Industry Median: 2.015
* Ranked among companies with meaningful Debt-to-EBITDA only.

Legend Oil & Gas (OTCPK:LOGL) 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.

Legend Oil & Gas Debt-to-EBITDA Related Terms

Legend Oil & Gas Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Legend Oil & Gas'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.

Legend Oil & Gas Debt-to-EBITDA Chart

Legend Oil & Gas Annual Data

Trend

Dec04

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Debt-to-EBITDA

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-0.53

-0.27

-14.54

-0.40

-2.06

Legend Oil & Gas Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.89	-2.53	-1.94	-1.10	-1.91

LOGL vs ARSLF, PTRDF, DBRM: Debt-to-EBITDA Comparison

For the Oil & Gas Midstream subindustry, Legend Oil & Gas'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.

Legend Oil & Gas Debt-to-EBITDA vs Oil & Gas Industry

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

* The bar in red indicates where Legend Oil & Gas's Debt-to-EBITDA falls into.

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Legend Oil & Gas Debt-to-EBITDA Calculation

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

Legend Oil & Gas's Debt-to-EBITDA for the fiscal year that ended in Dec. 2016 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.695	+	8.384)	/	-4.413
	=	-2.06

Legend Oil & Gas's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2016 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.695	+	8.384)	/	-4.752
	=	-1.91

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. 2016) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →

What does a Debt-to-EBITDA of -1.91 mean?

Legend Oil & Gas (LOGL) has a Debt-to-EBITDA of -1.91 as of Dec. 2016. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Legend Oil & Gas.

Is Legend Oil & Gas' Debt-to-EBITDA too high?

Legend Oil & Gas' current Debt-to-EBITDA is -1.91.

How does Legend Oil & Gas' Debt-to-EBITDA compare to ARSLF and PTRDF?

Legend Oil & Gas' Debt-to-EBITDA of -1.91 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-EBITDA is 2.02. 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 702 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. 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 Legend Oil & Gas. 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. Legend Oil & Gas's current Debt-to-EBITDA is -1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Legend Oil & Gas stock overvalued right now?

Legend Oil & Gas (LOGL) has a current Debt-to-EBITDA of -1.91. The current Debt-to-EBITDA is -1.91. 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 Legend Oil & Gas (LOGL), the current Debt-to-EBITDA is -1.91 as of Dec. 2016. 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.

Legend Oil & Gas Business Description

Industry Energy Oil & Gas

Comparable Companies ARSLF PTRDF DBRM ALTX EXNT UERLF DRKOF HEXPF EMPR GPIPF CNENF GDPMQ IFNY BYIN EMBYF QPTRF ANFC GVLMF AKVA UNIGF

Address 555 North Point Center East, Suite 400, Alpharetta, GA, USA, 30022

Website http://www.maxxonenergy.com

Legend Oil & Gas Ltd is a crude oil hauling and trucking company. The company's principal operations are in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. Its focus is to grow its core business and expand its crude oil hauling operations into other basins throughout the United States. The company's only segment is oil and gas.