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Frontera Resources (LSE:FRR) Debt-to-EBITDA : -5.18 (As of Jun. 2018)


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What is Frontera Resources Debt-to-EBITDA?

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

Frontera Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was £0.01 Mil. Frontera Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was £26.76 Mil. Frontera Resources's annualized EBITDA for the quarter that ended in Jun. 2018 was £-5.17 Mil. Frontera Resources's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2018 was -5.18.

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 Frontera Resources's Debt-to-EBITDA or its related term are showing as below:

LSE:FRR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.31   Med: -4.13   Max: -0.18
Current: -5.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of Frontera Resources was -0.18. The lowest was -7.31. And the median was -4.13.

LSE:FRR's Debt-to-EBITDA is not ranked
in the Oil & Gas industry.
Industry Median: 1.77 vs LSE:FRR: -5.25

Frontera Resources Debt-to-EBITDA Historical Data

The historical data trend for Frontera Resources'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.

Frontera Resources Debt-to-EBITDA Chart

Frontera Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.21 -7.31 -3.72 -4.10 -4.15

Frontera Resources Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 -5.04 -3.44 -3.20 -5.33 -5.18

Competitive Comparison of Frontera Resources's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Frontera Resources'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.


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

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

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



Frontera Resources Debt-to-EBITDA Calculation

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

Frontera Resources's Debt-to-EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.004 + 26.547) / -6.393
=-4.15

Frontera Resources's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.005 + 26.758) / -5.17
=-5.18

* 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. 2018) EBITDA data.


Frontera Resources  (LSE:FRR) 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.


Frontera Resources Debt-to-EBITDA Related Terms

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


Frontera Resources (LSE:FRR) Business Description

Traded in Other Exchanges
N/A
Address
3040 Post Oak Boulevard, Suite 1100, Houston, TX, USA, 77056
Frontera Resources Corp is an international oil and gas exploration and production company. The company, along with its subsidiaries is principally engaged in the development of oil and gas projects. The company develops reserves in known hydrocarbon-bearing basins in the Republic of Georgia. Frontera's current focus is targeted on exploiting a Greater Black Sea initiative, regionally building from its core operations in the country of Georgia.

Frontera Resources (LSE:FRR) Headlines

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