Union Gas (TSX:UNG.PR.D.PFD) Debt-to-EBITDA : 0.00 (As of . 20)

View and export this data going back to 1958. Start your Free Trial

What is Union Gas Debt-to-EBITDA?

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

Union Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was C$0.00 Mil. Union Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was C$0.00 Mil. Union Gas's annualized EBITDA for the quarter that ended in . 20 was C$0.00 Mil.

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 Union Gas's Debt-to-EBITDA or its related term are showing as below:

TSX:UNG.PR.D.PFD's Debt-to-EBITDA is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 3.83
* Ranked among companies with meaningful Debt-to-EBITDA only.

Union Gas Debt-to-EBITDA Historical Data

The historical data trend for Union Gas'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.

Union Gas Debt-to-EBITDA Chart

Union Gas Annual Data

Trend

Debt-to-EBITDA

Union Gas Quarterly Data

Debt-to-EBITDA

Competitive Comparison of Union Gas's Debt-to-EBITDA

For the Utilities - Regulated Gas subindustry, Union Gas'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.

Union Gas's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Union Gas's Debt-to-EBITDA distribution charts can be found below:

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

Union Gas Debt-to-EBITDA Calculation

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

Union Gas's Debt-to-EBITDA for the fiscal year that ended in . 20 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(	+	)	/	N/A
	=	N/A

Union Gas's annualized Debt-to-EBITDA for the quarter that ended in . 20 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(	+	)	/	0
	=	N/A

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 (. 20) EBITDA data.

Union Gas (TSX:UNG.PR.D.PFD) 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.

Union Gas Debt-to-EBITDA Related Terms

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

Union Gas (TSX:UNG.PR.D.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Union Gas Ltd (TSX:UNG.PR.D.PFD) » Definitions » Debt-to-EBITDA

Comparable Companies

TSXV:CFY TSX:VNR

Traded in Other Exchanges

N/A

Address

50 Keil Drive North, Chatham, ON, CAN, N7M 5M1

Website

http://www.uniongas.com

Union Gas Ltd provides natural gas storage, distribution, and transmission services in Canada. It owns and operates natural gas distribution, storage and transmission facilities in Ontario. The company distributes natural gas to customers in northern, southwestern and eastern Ontario, and provides natural gas storage and transportation services to other utilities and energy market participants. The distribution business serves approximately 1.4 million residential, commercial and industrial customers in over 400 communities across northern, southwestern and eastern Ontario. Union Gas' storage and transmission business offer a range of storage and transportation services to customers at the Dawn Hub (Dawn).

Union Gas (TSX:UNG.PR.D.PFD) Headlines

No Headlines