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Blue Sky Energy (TSXV:BSI.H) Debt-to-EBITDA : -1.27 (As of Jan. 2022)


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What is Blue Sky Energy Debt-to-EBITDA?

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

Blue Sky Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2022 was C$0.52 Mil. Blue Sky Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2022 was C$0.00 Mil. Blue Sky Energy's annualized EBITDA for the quarter that ended in Jan. 2022 was C$-0.41 Mil. Blue Sky Energy's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2022 was -1.27.

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

TSXV:BSI.H's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.76
* Ranked among companies with meaningful Debt-to-EBITDA only.

Blue Sky Energy Debt-to-EBITDA Historical Data

The historical data trend for Blue Sky 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.

Blue Sky Energy Debt-to-EBITDA Chart

Blue Sky Energy Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 -0.27 -0.49 -37.54 -0.85

Blue Sky Energy Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
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 -0.34 -1.19 -1.29 -1.23 -1.27

Competitive Comparison of Blue Sky Energy's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Blue Sky 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.


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

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

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



Blue Sky Energy Debt-to-EBITDA Calculation

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

Blue Sky Energy's Debt-to-EBITDA for the fiscal year that ended in Jul. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.501 + 0) / -0.59
=-0.85

Blue Sky Energy's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.522 + 0) / -0.412
=-1.27

* 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 (Jan. 2022) EBITDA data.


Blue Sky Energy  (TSXV:BSI.H) 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.


Blue Sky Energy Debt-to-EBITDA Related Terms

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


Blue Sky Energy (TSXV:BSI.H) Business Description

Traded in Other Exchanges
N/A
Address
65 Queen Street West, Suite 805, 8th Floor, Toronto, ON, CAN, M5H 2M5
Blue Sky Energy Inc is an oil and gas exploration company focused on pursuing the exploration, evaluation, and development of resource assets. It is exploring opportunities in the domestic and international oil and gas sector with a focus on competitive and stable energy jurisdictions.

Blue Sky Energy (TSXV:BSI.H) Headlines

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