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Oriental Petroleum & Minerals (PHS:OPM) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Oriental Petroleum & Minerals Debt-to-EBITDA?

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

Oriental Petroleum & Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱0.0 Mil. Oriental Petroleum & Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱0.0 Mil. Oriental Petroleum & Minerals's annualized EBITDA for the quarter that ended in Mar. 2024 was ₱-13.6 Mil. Oriental Petroleum & Minerals's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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 Oriental Petroleum & Minerals's Debt-to-EBITDA or its related term are showing as below:

PHS:OPM's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.77
* Ranked among companies with meaningful Debt-to-EBITDA only.

Oriental Petroleum & Minerals Debt-to-EBITDA Historical Data

The historical data trend for Oriental Petroleum & Minerals'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.

Oriental Petroleum & Minerals Debt-to-EBITDA Chart

Oriental Petroleum & Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Oriental Petroleum & Minerals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Oriental Petroleum & Minerals's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Oriental Petroleum & Minerals'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.


Oriental Petroleum & Minerals's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Oriental Petroleum & Minerals's Debt-to-EBITDA falls into.



Oriental Petroleum & Minerals Debt-to-EBITDA Calculation

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

Oriental Petroleum & Minerals'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 + 0) / 15.094
=0.00

Oriental Petroleum & Minerals's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -13.572
=0.00

* 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 four times the quarterly (Mar. 2024) EBITDA data.


Oriental Petroleum & Minerals  (PHS:OPM) 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.


Oriental Petroleum & Minerals Debt-to-EBITDA Related Terms

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


Oriental Petroleum & Minerals (PHS:OPM) Business Description

Traded in Other Exchanges
Address
ADB Avenue, Ortigas Center, 34th Floor, Robinsons Equitable Tower, Pasig City, PHL, 1600
Oriental Petroleum & Minerals Corp is an exploration company. It is engaged in exploring, developing, and producing petroleum and mineral resources in the Philippines. It operates in the Oil Exploration and Development segment. Its operational activities depend on its service contracts with the government. The principal properties of the company consist of petroleum exploration areas in the Philippines, onshore and offshore. The group principally operates in the Philippines.

Oriental Petroleum & Minerals (PHS:OPM) Headlines

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