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Reconnaissance Energy Africa (STU:0XD) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Reconnaissance Energy Africa Debt-to-EBITDA?

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

Reconnaissance Energy Africa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Reconnaissance Energy Africa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Reconnaissance Energy Africa's annualized EBITDA for the quarter that ended in Dec. 2023 was €-12.86 Mil. Reconnaissance Energy Africa's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 Reconnaissance Energy Africa's Debt-to-EBITDA or its related term are showing as below:

STU:0XD's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.78
* Ranked among companies with meaningful Debt-to-EBITDA only.

Reconnaissance Energy Africa Debt-to-EBITDA Historical Data

The historical data trend for Reconnaissance Energy Africa'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.

Reconnaissance Energy Africa Debt-to-EBITDA Chart

Reconnaissance Energy Africa Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20
Debt-to-EBITDA
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Reconnaissance Energy Africa Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23 Dec23
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Competitive Comparison of Reconnaissance Energy Africa's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Reconnaissance Energy Africa'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.


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

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

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



Reconnaissance Energy Africa Debt-to-EBITDA Calculation

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

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

Reconnaissance Energy Africa'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
=(0 + 0) / -12.86
=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 (Dec. 2023) EBITDA data.


Reconnaissance Energy Africa  (STU:0XD) 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.


Reconnaissance Energy Africa Debt-to-EBITDA Related Terms

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


Reconnaissance Energy Africa (STU:0XD) Business Description

Traded in Other Exchanges
Address
Bentall, PO Box 48326, Vancouver, BC, CAN, V7X 1A1
Reconnaissance Energy Africa Ltd is a junior oil and gas company engaged in the exploration and development of oil and gas in Namibia and Botswana. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Company's operating segments are: the exploration and evaluation of its African assets; the oil and gas operations in Mexico; and the corporate segment. The Mexico segment derives its revenues solely from the production and sale of oil and natural gas from one customer.

Reconnaissance Energy Africa (STU:0XD) Headlines

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