Baron Oil (LSE:BOIL) Debt-to-EBITDA : -0.02 (As of Dec. 2023)

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What is Baron Oil Debt-to-EBITDA?

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

Baron Oil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.03 Mil. Baron Oil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Baron Oil's annualized EBITDA for the quarter that ended in Dec. 2023 was £-1.69 Mil. Baron Oil's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 Baron Oil's Debt-to-EBITDA or its related term are showing as below:

LSE:BOIL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.05 Med: -0.03 Max: -0.02
Current: -0.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Baron Oil was -0.02. The lowest was -0.05. And the median was -0.03.

LSE:BOIL's Debt-to-EBITDA is ranked worse than
100% of 726 companies
in the Oil & Gas industry
Industry Median: 1.78 vs LSE:BOIL: -0.02

Baron Oil Debt-to-EBITDA Historical Data

The historical data trend for Baron Oil'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.

Baron Oil Debt-to-EBITDA Chart

Baron Oil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-0.04

-0.03

-0.05

-0.02

Baron Oil Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.02	-0.02	-0.04	-0.02	-0.02

Competitive Comparison of Baron Oil's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Baron Oil'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.

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

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

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

Baron Oil Debt-to-EBITDA Calculation

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

Baron Oil'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
	=	(0.031	+	0.004)	/	-1.669
	=	-0.02

Baron Oil's annualized Debt-to-EBITDA for the quarter 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
	=	(0.031	+	0.004)	/	-1.686
	=	-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 two times the quarterly (Dec. 2023) EBITDA data.

Baron Oil (LSE:BOIL) 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.

Baron Oil Debt-to-EBITDA Related Terms

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

Baron Oil (LSE:BOIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Baron Oil PLC (LSE:BOIL) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

BOIL.GB:UK GHA:Germany

Address

5-7 Cranwood Street, Finsgate, London, GBR, EC1V 9EE

Website

https://www.baronoilplc.com

Baron Oil PLC is an UK Based independent oil and gas exploration and production company. The company is primarily engaged in the exploration, development, and production of oil and gas reserves, and other related activities. It currently operates in three geographical markets: South America, which has been involved in production, development and exploration activity, South East Asia where production, development and exploration activity is being assessed, and the United Kingdom is the head office and where exploration activity is taking place.