Velocity Energy (Velocity Energy) Debt-to-EBITDA : -3.40 (As of Jun. 2009)

Velocity Energy Debt-to-EBITDA Chart

Velocity Energy Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Debt-to-EBITDA	Get a 7-Day Free Trial										10.71	-0.75	-0.86	-2.65	-3.40

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

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

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

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

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

Velocity Energy Debt-to-EBITDA Calculation

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

Velocity Energy's Debt-to-EBITDA for the fiscal year that ended in Dec. 2008 is calculated as

Velocity Energy's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2009 is calculated as

* 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 (Jun. 2009) EBITDA data.

Velocity Energy  (OTCPK:VCYE) 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.

Velocity Energy Debt-to-EBITDA Related Terms

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Velocity Energy (Velocity Energy) Business Description