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Prime Energy PE (XTAE:PRIM) Debt-to-EBITDA : 612.76 (As of Dec. 2024)


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What is Prime Energy PE Debt-to-EBITDA?

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

Prime Energy PE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₪61.30 Mil. Prime Energy PE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₪254.89 Mil. Prime Energy PE's annualized EBITDA for the quarter that ended in Dec. 2024 was ₪0.52 Mil. Prime Energy PE's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 612.76.

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

XTAE:PRIM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -69.48   Med: -35.98   Max: 108.1
Current: 108.1

During the past 8 years, the highest Debt-to-EBITDA Ratio of Prime Energy PE was 108.10. The lowest was -69.48. And the median was -35.98.

XTAE:PRIM's Debt-to-EBITDA is ranked worse than
98.81% of 336 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.57 vs XTAE:PRIM: 108.10

Prime Energy PE Debt-to-EBITDA Historical Data

The historical data trend for Prime Energy PE'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.

Prime Energy PE Debt-to-EBITDA Chart

Prime Energy PE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial -35.98 -17.45 -61.32 -46.82 77.57

Prime Energy PE Quarterly Data
Sep19 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -7.63 529.12 38.48 45.03 612.76

Competitive Comparison of Prime Energy PE's Debt-to-EBITDA

For the Utilities - Renewable subindustry, Prime Energy PE'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.


Prime Energy PE's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Prime Energy PE's Debt-to-EBITDA distribution charts can be found below:

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


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Prime Energy PE Debt-to-EBITDA Calculation

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

Prime Energy PE's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(61.295 + 254.888) / 4.076
=77.57

Prime Energy PE's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(61.295 + 254.888) / 0.516
=612.76

* 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. 2024) EBITDA data.


Prime Energy PE  (XTAE:PRIM) 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.


Prime Energy PE Debt-to-EBITDA Related Terms

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


Prime Energy PE Business Description

Traded in Other Exchanges
N/A
Address
Yigal Alon 94, Alon Tower 2, 19th floor, Tel Aviv, ISR
Prime Energy PE Ltd is engaged in the field of renewable energy. It specializes in the initiation, development, financing, construction, management and operation of projects in the solar field. The company is also developing an extensive project portfolio at various stages of maturation in power in Israel, Italy and Poland. The firm is exploring opportunities in the field of wind energy in Israel and around the world.