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Ophir Energy (Ophir Energy) Debt-to-EBITDA : -0.59 (As of Dec. 2018)


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What is Ophir Energy Debt-to-EBITDA?

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

Ophir Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $103.2 Mil. Ophir Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $249.1 Mil. Ophir Energy's annualized EBITDA for the quarter that ended in Dec. 2018 was $-599.9 Mil. Ophir Energy's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2018 was -0.59.

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

OPGYF's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.74
* Ranked among companies with meaningful Debt-to-EBITDA only.

Ophir Energy Debt-to-EBITDA Historical Data

The historical data trend for Ophir 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.

Ophir Energy Debt-to-EBITDA Chart

Ophir Energy Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.95 15.74 3.83 -0.59

Ophir Energy Semi-Annual Data
Jun05 Jun06 Jun07 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 2.15 -16.54 1.71 -0.18 -0.59

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

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


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

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

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



Ophir Energy Debt-to-EBITDA Calculation

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

Ophir Energy's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(103.2 + 249.149) / -595.204
=-0.59

Ophir Energy's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(103.2 + 249.149) / -599.944
=-0.59

* 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. 2018) EBITDA data.


Ophir Energy  (OTCPK:OPGYF) 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.


Ophir Energy Debt-to-EBITDA Related Terms

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


Ophir Energy (Ophir Energy) Business Description

Traded in Other Exchanges
N/A
Address
123 Victoria Street, Level 4, London, GBR, SW1E 6DE
Ophir Energy PLC is an upstream oil and gas exploration and production company focused on the exploration and appraisal phases of the industry cycle. It aims to monetize assets during the production phase. Assets are positioned throughout Africa and Asia, primarily in offshore and deep-water fields. The company counts on different exploration techniques to locate potential assets including seismic surveys. The majority of revenue is derived from crude-oil sales to the Thai state-owned oil and gas company PTT Public Company Limited.

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