Pyxis Tankers (Pyxis Tankers) Debt-to-EBITDA : 0.62 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Pyxis Tankers Debt-to-EBITDA?

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

Pyxis Tankers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.58 Mil. Pyxis Tankers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $55.37 Mil. Pyxis Tankers's annualized EBITDA for the quarter that ended in Dec. 2023 was $99.16 Mil. Pyxis Tankers's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.61.

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 Pyxis Tankers's Debt-to-EBITDA or its related term are showing as below:

PXSAP.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.44 Med: 15.23 Max: 50.57
Current: 1.28

During the past 11 years, the highest Debt-to-EBITDA Ratio of Pyxis Tankers was 50.57. The lowest was -18.44. And the median was 15.23.

PXSAP.PFD's Debt-to-EBITDA is ranked better than
62.17% of 719 companies
in the Oil & Gas industry
Industry Median: 1.76 vs PXSAP.PFD: 1.28

Pyxis Tankers Debt-to-EBITDA Historical Data

The historical data trend for Pyxis Tankers'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.

Pyxis Tankers Debt-to-EBITDA Chart

Pyxis Tankers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

25.22

27.20

-18.44

3.00

1.27

Pyxis Tankers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															1.89	1.29	2.86	3.30	0.62

Competitive Comparison of Pyxis Tankers's Debt-to-EBITDA

For the Oil & Gas Midstream subindustry, Pyxis Tankers'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.

Pyxis Tankers's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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

Pyxis Tankers Debt-to-EBITDA Calculation

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

Pyxis Tankers'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
	=	(5.58	+	55.37)	/	47.891
	=	1.27

Pyxis Tankers'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
	=	(5.58	+	55.37)	/	99.156
	=	0.61

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 (Dec. 2023) EBITDA data.

Pyxis Tankers (NAS:PXSAP.PFD) 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.

Pyxis Tankers Debt-to-EBITDA Related Terms

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

Pyxis Tankers (Pyxis Tankers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pyxis Tankers Inc (NAS:PXSAP.PFD) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

PXS:USA

Address

59 K. Karamanli Street, Maroussi, GRC, 15125

Website

http://www.pyxistankers.com

Pyxis Tankers Inc is an international maritime transportation company that focuses on the product tanker sector. It owns a fleet that comprises double-hull product tankers employed under a mix of short- and medium-term time charters and spot charters. The fleet owned by the company includes Pyxis Epsilon, Pyxis Theta, Pyxis Malou, Northsea Alpha, and Northsea Beta. Each of the vessels in the fleet is capable of transporting refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, fuel oil, and other liquid bulk items, such as vegetable oils and organic chemicals.