Woodside Energy Group (ASX:WDS) Debt-to-EBITDA

: 1.21 (As of Dec. 2023)

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

Woodside Energy Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$445 Mil. Woodside Energy Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$9,263 Mil. Woodside Energy Group's annualized EBITDA for the quarter that ended in Dec. 2023 was A$8,059 Mil. Woodside Energy Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.20.

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

ASX:WDS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.28 Med: 1.21 Max: 2.4
Current: 0.85

During the past 13 years, the highest Debt-to-EBITDA Ratio of Woodside Energy Group was 2.40. The lowest was -2.28. And the median was 1.21.

ASX:WDS's Debt-to-EBITDA is ranked better than
71.23% of 716 companies
in the Oil & Gas industry
Industry Median: 1.74 vs ASX:WDS: 0.85

Woodside Energy Group Debt-to-EBITDA Historical Data

The historical data trend for Woodside Energy Group'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.

Woodside Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

2.40

-2.28

1.31

0.53

0.85

Woodside Energy Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA																0.93	0.84	0.39	0.65	1.21

Competitive Comparison

For the Oil & Gas E&P subindustry, Woodside Energy Group'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.

Woodside Energy Group Debt-to-EBITDA Distribution

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

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

Woodside Energy Group Debt-to-EBITDA Calculation

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

Woodside Energy Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(445.212	+	9262.8)	/	11458.98
	=	0.85

Woodside Energy Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(445.212	+	9262.8)	/	8058.636
	=	1.20

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 two times the quarterly (Dec. 2023) EBITDA data.

Woodside Energy Group (ASX:WDS) 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.

Woodside Energy Group Debt-to-EBITDA Related Terms

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

Woodside Energy Group (ASX:WDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Woodside Energy Group Ltd (ASX:WDS) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

WDS:USA WOPEF:USA WDSl:UK WDS:UK WOP0:Germany

Address

11 Mount Street, Mia Yellagonga, Perth, WA, AUS, 6000

Website

https://www.woodside.com.au

Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2010, Shell further decreased its shareholding to 24%. Woodside has the potential to become the most LNG-leveraged company globally.