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Coelacanth Energy (TSXV:CEI) Debt-to-EBITDA : -0.20 (As of Sep. 2024)


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What is Coelacanth Energy Debt-to-EBITDA?

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

Coelacanth Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.47 Mil. Coelacanth Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.44 Mil. Coelacanth Energy's annualized EBITDA for the quarter that ended in Sep. 2024 was C$-4.49 Mil. Coelacanth Energy's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.20.

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

TSXV:CEI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.53   Med: -0.13   Max: -0.06
Current: -0.53

During the past 3 years, the highest Debt-to-EBITDA Ratio of Coelacanth Energy was -0.06. The lowest was -0.53. And the median was -0.13.

TSXV:CEI's Debt-to-EBITDA is ranked worse than
100% of 711 companies
in the Oil & Gas industry
Industry Median: 1.86 vs TSXV:CEI: -0.53

Coelacanth Energy Debt-to-EBITDA Historical Data

The historical data trend for Coelacanth 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.

Coelacanth Energy Debt-to-EBITDA Chart

Coelacanth Energy Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.13 -0.06 -0.31

Coelacanth Energy Quarterly Data
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 -0.26 2.35 1.42 -0.28 -0.20

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

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


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

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

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


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Coelacanth Energy Debt-to-EBITDA Calculation

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

Coelacanth 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
=(0.435 + 0.795) / -4.032
=-0.31

Coelacanth 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
=(0.472 + 0.436) / -4.492
=-0.20

* 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.


Coelacanth Energy  (TSXV:CEI) 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.


Coelacanth Energy Debt-to-EBITDA Related Terms

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


Coelacanth Energy Business Description

Traded in Other Exchanges
Address
530-8th Avenue SW?, Suite 2110, Calgary, AB, CAN, T2P 3S8?
Coelacanth Energy Inc is a Montney-focused oil and natural gas exploration and development company, actively engaged in the acquisition ,development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada with lands located in the Two Rivers area of northeastern British Columbia.
Executives
Nolan Gregory Chicoine Senior Officer
Jody Denis Senior Officer
John Nandor Fur Senior Officer
Tom Medvedic Director
Robert John Zakresky Senior Officer
Greg Peterson Senior Officer
Bret Alan Kimpton Senior Officer
Gmt Capital Corp 10% Security Holder
William Lancaster Director
Peter James Roy Cochrane Senior Officer
Harvey Doerr Director
Vermilion Energy Inc. 10% Security Holder
Dion Hatcher Director
Terry Trudeau Senior Officer