Criterium Energy (TSXV:CEQ) Debt-to-EBITDA : 13.86 (As of Mar. 2026)

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What is Criterium Energy Debt-to-EBITDA?

Criterium Energy TSXV:CEQ +10.00% Debt-to-EBITDA is 13.86 as of Mar. 2026. The stock has 4 warning signs investors should review. Among 717 Oil & Gas companies, Criterium Energy ranks worse than 139469.87% on this metric.

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

Criterium Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$33.50 Mil. Criterium Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$4.69 Mil. Criterium Energy's annualized EBITDA for the quarter that ended in Mar. 2026 was C$2.76 Mil. Criterium Energy's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 13.86.

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

TSXV:CEQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -20.96   Med: -0.12   Max: 12.82
Current: -20.96

During the past 13 years, the highest Debt-to-EBITDA Ratio of Criterium Energy was 12.82. The lowest was -20.96. And the median was -0.12.

TSXV:CEQ's Debt-to-EBITDA is ranked worse than
100% of 717 companies
in the Oil & Gas industry
Industry Median: 1.95 vs TSXV:CEQ: -20.96

Criterium Energy  (TSXV:CEQ) 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.


Criterium Energy Debt-to-EBITDA Related Terms


Criterium Energy Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Criterium 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.

Criterium Energy Debt-to-EBITDA Chart

Criterium Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.12 -0.04 6.58 12.82

Criterium 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 1.58 2.71 7.97 -1.27 13.86

TSXV:CEQ vs COP, EOG, FANG: Debt-to-EBITDA Comparison

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


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

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

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



Criterium Energy Debt-to-EBITDA Calculation

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

Criterium 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
=(8.666 + 19.215) / 2.175
=12.82

Criterium 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
=(33.504 + 4.689) / 2.756
=13.86

* 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 13.86 mean?
Criterium Energy (TSXV:CEQ) has a Debt-to-EBITDA of 13.86 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 Criterium Energy. According to the industry distribution chart, Criterium Energy ranks #999999 out of 717 companies in the Oil & Gas industry.
Is Criterium Energy's Debt-to-EBITDA too high?
Criterium Energy's current Debt-to-EBITDA is 13.86. The Oil & Gas industry median Debt-to-EBITDA is 1.95. Criterium Energy's value of 13.86 is 610.8% above this industry median. Based on the distribution chart, Criterium Energy ranks #999999 out of 717 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Criterium Energy's Debt-to-EBITDA compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Criterium Energy ranks #999999 out of 717 companies for Debt-to-EBITDA. This places Criterium Energy in the lower half of its industry. The industry median Debt-to-EBITDA is 1.95. Criterium Energy's value of 13.86 is 610.8% above this benchmark. 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 1.95, based on 717 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. Criterium Energy's current Debt-to-EBITDA of 13.86 is 610.8% above 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 Criterium Energy. For the Oil & Gas industry, the median Debt-to-EBITDA is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Criterium Energy's current Debt-to-EBITDA is 13.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Criterium Energy stock overvalued right now?
Criterium Energy (TSXV:CEQ) has a current Debt-to-EBITDA of 13.86. The current Debt-to-EBITDA is 13.86 and 610.8% above the Oil & Gas industry median of 1.95. 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 Criterium Energy (TSXV:CEQ), the current Debt-to-EBITDA is 13.86 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.

Criterium Energy Business Description

Industry EnergyOil & Gas
Address 202-6 Avenue South West, Bow Valley Square 1, Suite 1120, Calgary, AB, CAN, T2P 2R9
Criterium Energy Ltd are engaged in the exploration, appraisal and development of petroleum and natural gas in Indonesia. The company has one operating segment, being the acquisition, exploration, development and production of oil and gas properties in Indonesia.