Oil and Gas Exploration and Production AD (XBUL:NGAZ) Debt-to-EBITDA : 0.25 (As of Dec. 2022)

Oil and Gas Exploration and Production AD Debt-to-EBITDA Chart

Oil and Gas Exploration and Production AD Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-EBITDA		Get a 7-Day Free Trial					0.85	1.16	3.11	1.24	0.25

Oil and Gas Exploration and Production AD Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-EBITDA	Get a 7-Day Free Trial									0.85	1.16	3.11	1.24	0.25

Competitive Comparison of Oil and Gas Exploration and Production AD's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Oil and Gas Exploration and Production AD'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.

Oil and Gas Exploration and Production AD's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Oil and Gas Exploration and Production AD's Debt-to-EBITDA falls into.

Oil and Gas Exploration and Production AD Debt-to-EBITDA Calculation

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

Oil and Gas Exploration and Production AD's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Oil and Gas Exploration and Production AD's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 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 one times the quarterly (Dec. 2022) EBITDA data.

Oil and Gas Exploration and Production AD  (XBUL:NGAZ) 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.

Oil and Gas Exploration and Production AD Debt-to-EBITDA Related Terms

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Oil and Gas Exploration and Production AD (XBUL:NGAZ) Business Description