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Orcadian Energy (LSE:ORCA) Debt-to-EBITDA : -1.23 (As of Dec. 2023)


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What is Orcadian Energy Debt-to-EBITDA?

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

Orcadian Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1.07 Mil. Orcadian Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Orcadian Energy's annualized EBITDA for the quarter that ended in Dec. 2023 was £-0.87 Mil. Orcadian Energy's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.23.

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 Orcadian Energy's Debt-to-EBITDA or its related term are showing as below:

LSE:ORCA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.61   Med: -0.9   Max: -0.62
Current: -0.98

During the past 6 years, the highest Debt-to-EBITDA Ratio of Orcadian Energy was -0.62. The lowest was -5.61. And the median was -0.90.

LSE:ORCA's Debt-to-EBITDA is ranked worse than
100% of 708 companies
in the Oil & Gas industry
Industry Median: 1.885 vs LSE:ORCA: -0.98

Orcadian Energy Debt-to-EBITDA Historical Data

The historical data trend for Orcadian 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.

Orcadian Energy Debt-to-EBITDA Chart

Orcadian Energy Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.71 -5.02 -5.61 -0.62 -0.90

Orcadian Energy Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.48 -0.68 -1.10 -0.76 -1.23

Competitive Comparison of Orcadian Energy's Debt-to-EBITDA

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


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

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

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



Orcadian Energy Debt-to-EBITDA Calculation

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

Orcadian Energy's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.991 + 0) / -1.103
=-0.90

Orcadian Energy'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
=(1.068 + 0) / -0.87
=-1.23

* 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 (Dec. 2023) EBITDA data.


Orcadian Energy  (LSE:ORCA) 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.


Orcadian Energy Debt-to-EBITDA Related Terms

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


Orcadian Energy Business Description

Traded in Other Exchanges
N/A
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Orcadian Energy PLC is a North Sea-focused oil and gas development company. Its key asset is the 100% working interest in the Pilot oilfield. It also holds a 100% interest in licenses P2244, P2320, P2482 and P2516. The company's main country of operation is the United Kingdom and all licences are based in the UK North.

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