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Anton Oilfield Services Group (Anton Oilfield Services Group) Debt-to-EBITDA : 2.56 (As of Dec. 2023)


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What is Anton Oilfield Services Group Debt-to-EBITDA?

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

Anton Oilfield Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $185.7 Mil. Anton Oilfield Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $161.3 Mil. Anton Oilfield Services Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $135.6 Mil. Anton Oilfield Services Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.56.

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 Anton Oilfield Services Group's Debt-to-EBITDA or its related term are showing as below:

ATONY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.13   Med: 4.36   Max: 11.1
Current: 2.61

During the past 13 years, the highest Debt-to-EBITDA Ratio of Anton Oilfield Services Group was 11.10. The lowest was 2.13. And the median was 4.36.

ATONY's Debt-to-EBITDA is ranked worse than
63.52% of 721 companies
in the Oil & Gas industry
Industry Median: 1.7 vs ATONY: 2.61

Anton Oilfield Services Group Debt-to-EBITDA Historical Data

The historical data trend for Anton Oilfield Services 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.

Anton Oilfield Services Group Debt-to-EBITDA Chart

Anton Oilfield Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.67 4.05 3.89 2.13 2.61

Anton Oilfield Services 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 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 3.95 3.29 1.91 2.49 2.56

Competitive Comparison of Anton Oilfield Services Group's Debt-to-EBITDA

For the Oil & Gas Equipment & Services subindustry, Anton Oilfield Services 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.


Anton Oilfield Services Group's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Anton Oilfield Services Group's Debt-to-EBITDA falls into.



Anton Oilfield Services Group Debt-to-EBITDA Calculation

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

Anton Oilfield Services 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
=(185.716 + 161.314) / 133.064
=2.61

Anton Oilfield Services 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
=(185.716 + 161.314) / 135.588
=2.56

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


Anton Oilfield Services Group  (OTCPK:ATONY) 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.


Anton Oilfield Services Group Debt-to-EBITDA Related Terms

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


Anton Oilfield Services Group (Anton Oilfield Services Group) Business Description

Traded in Other Exchanges
Address
No. 8, Pingcui West Road, Donghuqu, Chaoyang District, Beijing, CHN, 100102
Anton Oilfield Services Group is an investment holding company principally engaged in the provision of integrated oil and gas field development technical services. The Company operates its business through three segments. The Drilling Technology segment is engaged in the provision of engineering technical services and products to solve problems encountered in directional drilling, drilling assessment and enhanced reservoir contact and integrated drilling. The Well Completion segment is engaged in integrated well completion and stimulation services from integrated solutions for well completion, production, equipment, tools, and materials. The Oil Production Services segment is engaged in enabling economic recovery based on reservoir geological conditions.

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