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Kiwetinohk Energy (TSX:KEC) Debt-to-EBITDA : 0.70 (As of Sep. 2024)


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What is Kiwetinohk Energy Debt-to-EBITDA?

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

Kiwetinohk Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$4.2 Mil. Kiwetinohk Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$240.3 Mil. Kiwetinohk Energy's annualized EBITDA for the quarter that ended in Sep. 2024 was C$350.7 Mil. Kiwetinohk Energy's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.70.

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

TSX:KEC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.12   Med: 0.63   Max: 30.23
Current: 0.9

During the past 4 years, the highest Debt-to-EBITDA Ratio of Kiwetinohk Energy was 30.23. The lowest was -0.12. And the median was 0.63.

TSX:KEC's Debt-to-EBITDA is ranked better than
73.02% of 708 companies
in the Oil & Gas industry
Industry Median: 1.885 vs TSX:KEC: 0.90

Kiwetinohk Energy Debt-to-EBITDA Historical Data

The historical data trend for Kiwetinohk 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.

Kiwetinohk Energy Debt-to-EBITDA Chart

Kiwetinohk Energy Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.12 30.23 0.51 0.76

Kiwetinohk Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.51 0.50 0.85 4.88 0.70

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

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


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

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

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



Kiwetinohk Energy Debt-to-EBITDA Calculation

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

Kiwetinohk Energy's Debt-to-EBITDA for the fiscal year 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
=(3.842 + 216.771) / 291.804
=0.76

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.199 + 240.318) / 350.692
=0.70

* 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. 2024) EBITDA data.


Kiwetinohk Energy  (TSX:KEC) 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.


Kiwetinohk Energy Debt-to-EBITDA Related Terms

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


Kiwetinohk Energy Business Description

Traded in Other Exchanges
Address
250 - 2nd Street SW, Suite 1700, Calgary, AB, CAN, T2P 0C1
Kiwetinohk Energy Corp develops and produces natural gas and related products and is in the process of developing renewable, natural gas-fired power, carbon capture, and hydrogen clean energy projects. The Company's business activities include an upstream segment involved in the exploration and development of petroleum and natural gas in western Canada and a power segment involved in evaluating and developing low carbon solutions for the energy industry and securing access to downstream markets including power and hydrogen.
Executives
Michael Alexander Hantzsch Senior Officer
Janet Annesley Senior Officer
Fareen Sunderji Senior Officer
Jakub Brogowski Senior Officer
Beth Reimer-heck Director
Steven William Sinclair Director
Michael Carlson Senior Officer
John Maniawski Senior Officer
Patrick Beverley Carlson Director, Senior Officer
Kurt Molnar Senior Officer
Judith Athaide Director

Kiwetinohk Energy Headlines

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