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Falcon Oil & Gas (TSXV:FO) Debt-to-EBITDA : 0.00 (As of Sep. 2024)


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What is Falcon Oil & Gas Debt-to-EBITDA?

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

Falcon Oil & Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. Falcon Oil & Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. Falcon Oil & Gas's annualized EBITDA for the quarter that ended in Sep. 2024 was C$-3.79 Mil. Falcon Oil & Gas's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.00.

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

TSXV:FO's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.885
* Ranked among companies with meaningful Debt-to-EBITDA only.

Falcon Oil & Gas Debt-to-EBITDA Historical Data

The historical data trend for Falcon Oil & 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.

Falcon Oil & Gas Debt-to-EBITDA Chart

Falcon Oil & Gas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Falcon Oil & Gas Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Falcon Oil & Gas's Debt-to-EBITDA

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


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

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

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



Falcon Oil & Gas Debt-to-EBITDA Calculation

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

Falcon Oil & Gas'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 + 0) / -4.823
=0.00

Falcon Oil & Gas'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 + 0) / -3.788
=0.00

* 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.


Falcon Oil & Gas  (TSXV:FO) 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.


Falcon Oil & Gas Debt-to-EBITDA Related Terms

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


Falcon Oil & Gas Business Description

Traded in Other Exchanges
Address
68 Merrion Square South, Dublin, IRL, 2
Falcon Oil & Gas Ltd is a Canadian oil and gas company. It is primarily engaged in the acquisition, exploration and development of petroleum and natural gas properties in Canada. Its properties are Beetaloo Basin, Australia, Karoo Basin, South Africa and Mako Trough, Hungary.
Executives
Gregory Harold Smith Director
Thomas Bruce Layman Director
Anne Flynn Director, Senior Officer
Daryl Harvey Gilbert Director
John Joseph Nally Director
Philip Declan O'quigley Senior Officer

Falcon Oil & Gas Headlines

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