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Gordon Creek Energy (Gordon Creek Energy) Debt-to-EBITDA : -21.87 (As of Oct. 2015)


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What is Gordon Creek Energy Debt-to-EBITDA?

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

Gordon Creek Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2015 was $10.49 Mil. Gordon Creek Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2015 was $3.42 Mil. Gordon Creek Energy's annualized EBITDA for the quarter that ended in Oct. 2015 was $-0.64 Mil. Gordon Creek Energy's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2015 was -21.87.

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

TBDYF'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.

Gordon Creek Energy Debt-to-EBITDA Historical Data

The historical data trend for Gordon Creek 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.

Gordon Creek Energy Debt-to-EBITDA Chart

Gordon Creek Energy Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.06 -2.10 -1.92 -10.06 -7.77

Gordon Creek Energy Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15
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 -10.28 -3.79 -13.02 0.38 -21.87

Competitive Comparison of Gordon Creek Energy's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Gordon Creek 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.


Gordon Creek Energy's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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



Gordon Creek Energy Debt-to-EBITDA Calculation

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

Gordon Creek Energy's Debt-to-EBITDA for the fiscal year that ended in Jan. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.249 + 0) / -1.062
=-7.77

Gordon Creek Energy's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(10.491 + 3.421) / -0.636
=-21.87

* 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 (Oct. 2015) EBITDA data.


Gordon Creek Energy  (OTCPK:TBDYF) 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.


Gordon Creek Energy Debt-to-EBITDA Related Terms

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


Gordon Creek Energy (Gordon Creek Energy) Business Description

Traded in Other Exchanges
N/A
Address
734, 7th Avenue South West, Suite 1350, Calgary, AB, CAN, T2P 3P8
Gordon Creek Energy Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas properties located in the United States of America. Its projects include Gordon Creek Property; and Weston County.

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