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Tourmaline Oil (TSX:TOU) Debt-to-Revenue : 0.22 (As of Dec. 2024)


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What is Tourmaline Oil Debt-to-Revenue?

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

Tourmaline Oil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$8 Mil. Tourmaline Oil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$1,296 Mil. Tourmaline Oil's annualized Revenue for the quarter that ended in Dec. 2024 was C$6,070 Mil. Tourmaline Oil's annualized Debt-to-Revenue for the quarter that ended in Dec. 2024 was 0.21.


Tourmaline Oil Debt-to-Revenue Historical Data

The historical data trend for Tourmaline Oil's Debt-to-Revenue 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.

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Tourmaline Oil Debt-to-Revenue Chart

Tourmaline Oil Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.17 0.07 0.18 0.23

Tourmaline Oil Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-Revenue 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 0.18 0.22 0.28 0.28 0.22

Competitive Comparison of Tourmaline Oil's Debt-to-Revenue

For the Oil & Gas E&P subindustry, Tourmaline Oil's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Tourmaline Oil's Debt-to-Revenue Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tourmaline Oil's Debt-to-Revenue falls into.


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Tourmaline Oil Debt-to-Revenue Calculation

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

Tourmaline Oil's Debt-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(8.385 + 1295.779) / 5650.043
=0.23

Tourmaline Oil's annualized Debt-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(8.385 + 1295.779) / 6069.96
=0.21

* 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-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2024) Revenue data.


Tourmaline Oil Debt-to-Revenue Related Terms

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Tourmaline Oil Business Description

Traded in Other Exchanges
Address
250 - 6th Avenue SW, Suite 2900, Calgary, AB, CAN, T2P 3H7
Tourmaline Oil Corp is a Canadian energy company engaged in natural gas and crude oil acquisition, exploration, development, and production in the Western Canada Sedimentary Basin. The company's project includes operations in Alberta Deep Basin, the Northeast British Columbia Montney, and the Peace River Triassic Oil complex.
Executives
Mike Rose Senior Officer
Travis Toews Director
Jill Terilee Angevine Director
William Scott Kirker Senior Officer
Christopher Lee Director
Janet Weiss Director
Sherra Aspin Senior Officer
Brian Robinson Senior Officer
Drew E. Tumbach Senior Officer
Lucille Miller Director
Earl Henry Mckinnon Senior Officer
Lee Allan Baker Director
John William Elick Director
Ron Wigham Director
Colin Joel Frostad Senior Officer

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