WTXR (West Texas Resources) Debt-to-EBITDA : 0.00 (As of Sep. 2023)

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What is West Texas Resources Debt-to-EBITDA?

West Texas Resources WTXR Debt-to-EBITDA is 0.00 as of Sep. 2023.

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

West Texas Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. West Texas Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. West Texas Resources's annualized EBITDA for the quarter that ended in Sep. 2023 was $-0.04 Mil. West Texas Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 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 West Texas Resources's Debt-to-EBITDA or its related term are showing as below:

WTXR's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.96
* Ranked among companies with meaningful Debt-to-EBITDA only.

West Texas Resources  (OTCPK:WTXR) 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.


West Texas Resources Debt-to-EBITDA Related Terms


West Texas Resources Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for West Texas Resources'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.

West Texas Resources Debt-to-EBITDA Chart

West Texas Resources Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Debt-to-EBITDA
Get a 7-Day Free Trial 0.00 0.00 -0.26 0.00 0.00

West Texas Resources Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Sep22 Sep23
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 -0.01 0.00 0.00 0.00

WTXR vs GSPE, FECOF, VBHI: Debt-to-EBITDA Comparison

For the Oil & Gas E&P subindustry, West Texas Resources'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.


West Texas Resources Debt-to-EBITDA vs Oil & Gas Industry

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

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



West Texas Resources Debt-to-EBITDA Calculation

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

West Texas Resources's Debt-to-EBITDA for the fiscal year that ended in Sep. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.223
=0.00

West Texas Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 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 (Sep. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.00 mean?
West Texas Resources (WTXR) has a Debt-to-EBITDA of 0.00 as of Sep. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on West Texas Resources.
Is West Texas Resources' Debt-to-EBITDA too high?
West Texas Resources' current Debt-to-EBITDA is 0.00.
How does West Texas Resources' Debt-to-EBITDA compare to GSPE and FECOF?
West Texas Resources' Debt-to-EBITDA of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-EBITDA is 1.96. 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 1.96, based on 718 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 West Texas Resources. For the Oil & Gas industry, the median Debt-to-EBITDA is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Texas Resources's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Texas Resources stock overvalued right now?
West Texas Resources (WTXR) has a current Debt-to-EBITDA of 0.00. The current Debt-to-EBITDA is 0.00. 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 West Texas Resources (WTXR), the current Debt-to-EBITDA is 0.00 as of Sep. 2023. 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.

West Texas Resources Business Description

Industry EnergyOil & Gas
Address 2628 TX 36 South, Suite 307, Brenham, TX, USA, 77833
West Texas Resources Inc is a United States-based company engaged in the acquisition, exploration, and development of oil and gas properties in North America. The company generates income from leased interests in oil properties in North America.