TXGE (Texas Gulf Energy) Debt-to-EBITDA : -0.65 (As of Sep. 2014)

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What is Texas Gulf Energy Debt-to-EBITDA?

Texas Gulf Energy TXGE Debt-to-EBITDA is -0.65 as of Sep. 2014.

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

Texas Gulf Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was $0.69 Mil. Texas Gulf Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was $0.00 Mil. Texas Gulf Energy's annualized EBITDA for the quarter that ended in Sep. 2014 was $-1.06 Mil. Texas Gulf Energy's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 was -0.65.

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

TXGE's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 2.07
* Ranked among companies with meaningful Debt-to-EBITDA only.

Texas Gulf Energy  (OTCPK:TXGE) 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.


Texas Gulf Energy Debt-to-EBITDA Related Terms


Texas Gulf Energy Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Texas Gulf 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.

Texas Gulf Energy Debt-to-EBITDA Chart

Texas Gulf Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-EBITDA
Get a 7-Day Free Trial 0.00 -0.01 0.00 -4.56 -0.48

Texas Gulf Energy Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -0.85 -0.38 -0.36 -0.62 -0.65

TXGE vs BMMCF, ESES, BRSWQ: Debt-to-EBITDA Comparison

For the Oil & Gas Equipment & Services subindustry, Texas Gulf 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.


Texas Gulf Energy Debt-to-EBITDA vs Oil & Gas Industry

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

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



Texas Gulf Energy Debt-to-EBITDA Calculation

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

Texas Gulf Energy's Debt-to-EBITDA for the fiscal year that ended in Dec. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.109 + 0.586) / -3.546
=-0.48

Texas Gulf Energy's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.689 + 0) / -1.06
=-0.65

* 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. 2014) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.65 mean?
Texas Gulf Energy (TXGE) has a Debt-to-EBITDA of -0.65 as of Sep. 2014. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Texas Gulf Energy.
Is Texas Gulf Energy's Debt-to-EBITDA too high?
Texas Gulf Energy's current Debt-to-EBITDA is -0.65.
How does Texas Gulf Energy's Debt-to-EBITDA compare to BMMCF and ESES?
Texas Gulf Energy's Debt-to-EBITDA of -0.65 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-EBITDA is 2.07. 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 2.07, based on 705 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. 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 Texas Gulf Energy. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texas Gulf Energy's current Debt-to-EBITDA is -0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texas Gulf Energy stock overvalued right now?
Texas Gulf Energy (TXGE) has a current Debt-to-EBITDA of -0.65. The current Debt-to-EBITDA is -0.65. 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 Texas Gulf Energy (TXGE), the current Debt-to-EBITDA is -0.65 as of Sep. 2014. 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.

Texas Gulf Energy Business Description

Industry EnergyOil & Gas
Address 1602 Old Underwood Road, La Porte, TX, USA, 77571
Texas Gulf Energy Inc is active in the oil and gas industry domain. It is engaged in providing construction, maintenance, turnaround management, professional services, project management services, and fabrication and field services. The company offers services to the refining, chemicals, liquefied natural gas, oil and gas, and midstream and upstream industries.