TPZEF (Topaz Energy) Debt-to-EBITDA : 1.62 (As of Mar. 2026) — 13% Above Median

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TPZEF Topaz Energy Corp TPZEF
87 GF Score
Price $23.39
GF Value $20.13
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Topaz Energy Debt-to-EBITDA?

Topaz Energy TPZEF +1.04% 87 Debt-to-EBITDA is 1.62 as of Mar. 2026, which is 13% above its 10-year median of 1.44. GuruFocus rates TPZEF with a GF Score™ of 87/100 and a GF Value™ of $20.13 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 705 Oil & Gas companies, Topaz Energy ranks better than 60.43% on this metric.

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

Topaz Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.0 Mil. Topaz Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $393.5 Mil. Topaz Energy's annualized EBITDA for the quarter that ended in Mar. 2026 was $242.9 Mil. Topaz Energy's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.62.

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

TPZEF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.24   Med: 1.44   Max: 1.85
Current: 1.5

During the past 7 years, the highest Debt-to-EBITDA Ratio of Topaz Energy was 1.85. The lowest was 1.24. And the median was 1.44.

TPZEF's Debt-to-EBITDA is ranked better than
60.43% of 705 companies
in the Oil & Gas industry
Industry Median: 2.01 vs TPZEF: 1.50

Topaz Energy  (OTCPK:TPZEF) 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.


Topaz Energy Debt-to-EBITDA Related Terms


Topaz Energy Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Topaz 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.

Topaz Energy Debt-to-EBITDA Chart

Topaz Energy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 1.44 1.32 1.24 1.85 1.72

Topaz Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.71 1.35 1.68 1.37 1.62

TPZEF vs WMB, EPD, KMI: Debt-to-EBITDA Comparison

For the Oil & Gas Midstream subindustry, Topaz 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.


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

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

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


TPZEF
87GF Score
Topaz Energy Corp TPZEF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topaz Energy Debt-to-EBITDA Calculation

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

Topaz Energy's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 413.75) / 240.951
=1.72

Topaz Energy's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 393.524) / 242.924
=1.62

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.62 mean?
Topaz Energy (TPZEF) has a Debt-to-EBITDA of 1.62 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Topaz Energy. This is 13% above median its historical median of 1.44. Over the past decade, Topaz Energy's Debt-to-EBITDA has ranged from 1.24 to 1.85. According to the industry distribution chart, Topaz Energy ranks #279 out of 705 companies in the Oil & Gas industry, placing it in the top 39.6%.
Is Topaz Energy's Debt-to-EBITDA too high?
Topaz Energy's current Debt-to-EBITDA of 1.62 is 13% above median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 1.85. The Oil & Gas industry median Debt-to-EBITDA is 2.01. Topaz Energy's value of 1.62 is 19.4% below this industry median. Based on the distribution chart, Topaz Energy ranks #279 out of 705 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Topaz Energy has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Topaz Energy's Debt-to-EBITDA compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Topaz Energy ranks #279 out of 705 companies for Debt-to-EBITDA. This puts Topaz Energy in the upper half of its industry. The industry median Debt-to-EBITDA is 2.01. Topaz Energy's value of 1.62 is 19.4% below this benchmark. Historically, Topaz Energy's own Debt-to-EBITDA has ranged from 1.24 to 1.85 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 2.01, Topaz Energy has consistently been below the industry average. 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 2.01, based on 705 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. Topaz Energy's current Debt-to-EBITDA of 1.62 is 19.4% below the industry median. 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 Topaz Energy. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topaz Energy's current Debt-to-EBITDA is 1.62, which is 13% above median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topaz Energy stock overvalued right now?
Based on GuruFocus' analysis, Topaz Energy (TPZEF) is currently considered Modestly Overvalued. The stock's GF Value™ is $20.13, compared to a current price of $23.39 — trading 16.2% above its estimated fair value. The current Debt-to-EBITDA is 1.62, which is 13% above median its 10-year median of 1.44 and 19.4% below the Oil & Gas industry median of 2.01. Topaz Energy's overall GF Score™ is 87/100 with 7 warning signs to review. 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 Topaz Energy (TPZEF), the current Debt-to-EBITDA is 1.62 as of Mar. 2026. 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.

Is Topaz Energy (TPZEF) Overvalued in 2026?

Based on GuruFocus' analysis, Topaz Energy stock appears to be overvalued. The current stock price of $23.39 is trading 16.2% above its estimated GF Value™ of $20.13. GuruFocus considers Topaz Energy to be Modestly Overvalued.

Key valuation signals for TPZEF:

  • Debt-to-EBITDA: 1.62 (13% above median its 10-year median of 1.44)
  • GF Value™: $20.13 vs. price of $23.39 (16.2% above fair value)
  • GF Score™: 87/100 with 7 warning signs
  • Industry Position: 19.4% below the Oil & Gas median (#279 of 705)

No single metric tells the full story. See the TPZEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topaz Energy Business Description

Industry EnergyOil & Gas
Other Exchanges 5XU:GermanyTPZ:Canada
Address 250 - 6th Avenue SW, Suite 3100, Calgary, AB, CAN, T2P 3H7
Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. The company generates revenue from the Royalty Assets, which generate the company's Royalty Production Revenue; and the Infrastructure Assets, which generate the company's Processing Revenue and Other Income. The majority of the company's revenue is earned through royalties.
87GF Score

Get the complete analysis for TPZEF

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.39
Price
$20.13
GF Value