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Westbridge Energy (STU:PUQ3) Debt-to-EBITDA : 44.21 (As of May. 2024)


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What is Westbridge Energy Debt-to-EBITDA?

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

Westbridge Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was €18.97 Mil. Westbridge Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was €1.19 Mil. Westbridge Energy's annualized EBITDA for the quarter that ended in May. 2024 was €0.46 Mil. Westbridge Energy's annualized Debt-to-EBITDA for the quarter that ended in May. 2024 was 44.21.

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

STU:PUQ3' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.65   Med: -0.2   Max: 0.94
Current: 0.94

During the past 13 years, the highest Debt-to-EBITDA Ratio of Westbridge Energy was 0.94. The lowest was -8.65. And the median was -0.20.

STU:PUQ3's Debt-to-EBITDA is ranked better than
87.06% of 340 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.205 vs STU:PUQ3: 0.94

Westbridge Energy Debt-to-EBITDA Historical Data

The historical data trend for Westbridge 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.

Westbridge Energy Debt-to-EBITDA Chart

Westbridge Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Nov21 Nov22 Nov23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.20 -8.65

Westbridge Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 -1.48 -6.61 -8.38 0.20 44.21

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

For the Utilities - Renewable subindustry, Westbridge 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.


Westbridge Energy's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Westbridge Energy's Debt-to-EBITDA distribution charts can be found below:

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



Westbridge Energy Debt-to-EBITDA Calculation

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

Westbridge Energy's Debt-to-EBITDA for the fiscal year that ended in Nov. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(24.22 + 0.865) / -2.9
=-8.65

Westbridge Energy's annualized Debt-to-EBITDA for the quarter that ended in May. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(18.972 + 1.188) / 0.456
=44.21

* 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 (May. 2024) EBITDA data.


Westbridge Energy  (STU:PUQ3) 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.


Westbridge Energy Debt-to-EBITDA Related Terms

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


Westbridge Energy Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Westbridge Renewable Energy Corp is focused on delivering attractive, long-term returns by identifying, originating, and developing a global portfolio of renewable assets for investors and utilities. It develops best-in-class, utility-scale solar PV projects. It is turning green fields and the power of the sun into a reliable, sustainable flow of energy.

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