Gazprom PJSC (MIC:GAZP) Debt-to-EBITDA : 2.76 (As of Jun. 2023)


MIC:GAZP Gazprom PJSC MIC:GAZP
17 GF Score
Price ₽95.86
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What is Gazprom PJSC Debt-to-EBITDA?

Gazprom PJSC MIC:GAZP +1.70% 17 Debt-to-EBITDA is 2.76 as of Jun. 2023. GuruFocus rates MIC:GAZP with a GF Score™ of 17/100.

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

Gazprom PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽1,015,947 Mil. Gazprom PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽5,252,307 Mil. Gazprom PJSC's annualized EBITDA for the quarter that ended in Jun. 2023 was ₽2,274,028 Mil. Gazprom PJSC's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 2.76.

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 Gazprom PJSC's Debt-to-EBITDA or its related term are showing as below:

MIC:GAZP's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 2.02
* Ranked among companies with meaningful Debt-to-EBITDA only.

Gazprom PJSC  (MIC:GAZP) 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.


Gazprom PJSC Debt-to-EBITDA Related Terms


Gazprom PJSC Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Gazprom PJSC'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.

Gazprom PJSC Debt-to-EBITDA Chart

Gazprom PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 1.70 5.13 1.40 1.68

Gazprom PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Premium Member Only 1.49 1.29 0.00 -1.79 2.76

MIC:GAZP vs XOM, CVX: Debt-to-EBITDA Comparison

For the Oil & Gas Integrated subindustry, Gazprom PJSC'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.


Gazprom PJSC Debt-to-EBITDA vs Oil & Gas Industry

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

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


MIC:GAZP
17GF Score
Gazprom PJSC MIC:GAZP
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Gazprom PJSC Debt-to-EBITDA Calculation

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

Gazprom PJSC's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(760855 + 4576117) / 3176544
=1.68

Gazprom PJSC's annualized Debt-to-EBITDA for the quarter 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
=(1015947 + 5252307) / 2274028
=2.76

* 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. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.76 mean?
Gazprom PJSC (MIC:GAZP) has a Debt-to-EBITDA of 2.76 as of Jun. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Gazprom PJSC.
Is Gazprom PJSC's Debt-to-EBITDA too high?
Gazprom PJSC's current Debt-to-EBITDA is 2.76. The Oil & Gas industry median Debt-to-EBITDA is 2.02. Gazprom PJSC's value of 2.76 is 36.6% above this industry median. Overall, Gazprom PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Gazprom PJSC's Debt-to-EBITDA compare to XOM and CVX?
Gazprom PJSC's Debt-to-EBITDA of 2.76 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-EBITDA is 2.02. Gazprom PJSC's value of 2.76 is 36.6% above this benchmark. 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 701 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. Gazprom PJSC's current Debt-to-EBITDA of 2.76 is 36.6% above the industry median. 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 Gazprom PJSC. 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. Gazprom PJSC's current Debt-to-EBITDA is 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gazprom PJSC stock overvalued right now?
Gazprom PJSC (MIC:GAZP) has a current Debt-to-EBITDA of 2.76. The current Debt-to-EBITDA is 2.76 and 36.6% above the Oil & Gas industry median of 2.02. Gazprom PJSC's overall GF Score™ is 17/100. 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 Gazprom PJSC (MIC:GAZP), the current Debt-to-EBITDA is 2.76 as of Jun. 2023. 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.

Gazprom PJSC Business Description

Industry EnergyOil & Gas
Address St. Petersburg, 2/3 Lakhtinsky Avenue, Building No. 1, Moscow, RUS, 197229
Gazprom PJSC is a Russian-based integrated oil and gas company in which the Russian government is a majority shareholder. Much of the business lies within the production, transportation, and distribution of natural gas. The company is a major gas supplier to European countries, with substantial gas pipelines throughout Western Russia and into Europe. While its oil segment is a smaller portion of revenue, the company is still integrated into the production, processing, and refinement of crude oil and refined products. Across both segments, the company produces its oil and gas from fields distributed across Russia, with end markets consisting mostly of Europe and Russia.
17GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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