SLKEF (Silk Energy) Debt-to-EBITDA : -3.74 (As of Sep. 2021)

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What is Silk Energy Debt-to-EBITDA?

Silk Energy SLKEF -99.00% Debt-to-EBITDA is -3.74 as of Sep. 2021.

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

Silk Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $7.73 Mil. Silk Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.21 Mil. Silk Energy's annualized EBITDA for the quarter that ended in Sep. 2021 was $-2.12 Mil. Silk Energy's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 was -3.74.

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

SLKEF's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 2.035
* Ranked among companies with meaningful Debt-to-EBITDA only.

Silk Energy  (OTCPK:SLKEF) 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.


Silk Energy Debt-to-EBITDA Related Terms


Silk Energy Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Silk 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.

Silk Energy Debt-to-EBITDA Chart

Silk Energy Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec19 Dec20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 -0.42 -0.05 -0.12 23.34

Silk Energy Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 15.28 3.98 -2.58 -4.05 -3.74

SLKEF vs COP, EOG, OXY: Debt-to-EBITDA Comparison

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


Silk Energy Debt-to-EBITDA vs Oil & Gas Industry

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

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



Silk Energy Debt-to-EBITDA Calculation

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

Silk Energy's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(22.049 + 0.169) / 0.952
=23.34

Silk Energy's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7.727 + 0.21) / -2.12
=-3.74

* 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 (Sep. 2021) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -3.74 mean?
Silk Energy (SLKEF) has a Debt-to-EBITDA of -3.74 as of Sep. 2021. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Silk Energy.
Is Silk Energy's Debt-to-EBITDA too high?
Silk Energy's current Debt-to-EBITDA is -3.74.
How does Silk Energy's Debt-to-EBITDA compare to COP and EOG?
Silk Energy's Debt-to-EBITDA of -3.74 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-EBITDA is 2.04. 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 2.04, based on 706 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. 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 Silk Energy. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silk Energy's current Debt-to-EBITDA is -3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silk Energy stock overvalued right now?
Silk Energy (SLKEF) has a current Debt-to-EBITDA of -3.74. The current Debt-to-EBITDA is -3.74. 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 Silk Energy (SLKEF), the current Debt-to-EBITDA is -3.74 as of Sep. 2021. 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.

Silk Energy Business Description

Industry EnergyOil & Gas
Address 66 Wellington Street West, Suite 4100, P.O. Box 35, TD Bank Tower, Toronto, ON, CAN, M5K 1B7
Silk Energy Ltd is a canada based company engaged in the acquisition, exploration and development of mineral properties.