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United Energy (United Energy) Debt-to-EBITDA : -0.03 (As of Dec. 2010)


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What is United Energy Debt-to-EBITDA?

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

United Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $0.03 Mil. United Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $0.00 Mil. United Energy's annualized EBITDA for the quarter that ended in Dec. 2010 was $-0.87 Mil. United Energy's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2010 was -0.03.

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

UNRG's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.77
* Ranked among companies with meaningful Debt-to-EBITDA only.

United Energy Debt-to-EBITDA Historical Data

The historical data trend for United 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.

United Energy Debt-to-EBITDA Chart

United Energy Annual Data
Trend Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.00 - - - -0.03

United Energy Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 -0.01 -0.04 -0.26 -0.13 -0.03

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

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


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

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

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



United Energy Debt-to-EBITDA Calculation

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

United Energy's Debt-to-EBITDA for the fiscal year that ended in Mar. 2009 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.035 + 0) / -1.261
=-0.03

United Energy's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2010 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.03 + 0) / -0.872
=-0.03

* 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 (Dec. 2010) EBITDA data.


United Energy  (OTCPK:UNRG) 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.


United Energy Debt-to-EBITDA Related Terms

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


United Energy (United Energy) Business Description

Traded in Other Exchanges
N/A
Address
101 East Park Boulevard, 6th Floor, Plano, TX, USA, 75074
United Energy Corp is engaged in the exploration and production of oil and natural gas properties. The company's holdings include assets and operations in Texas, Oklahoma, Kansas, and Louisiana.
Executives
Jack Silver director, 10 percent owner 660 MADISON AVENUE, NEW YORK NY 10021
Adam Hershey director 140 RIVERSIDE BOULEVARD, APT 2302, NEW YORK NY 10069
Grano Joseph J Jr other: Former 10% Owner C/O MEDGENICS, INC., 435 DEVON PARK DRIVE BLDG 700, WAYNE PA 19087

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