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COHLF (Contango Holdings) Debt-to-EBITDA : -6.67 (As of Nov. 2024)


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What is Contango Holdings Debt-to-EBITDA?

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

Contango Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was $5.63 Mil. Contango Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was $0.00 Mil. Contango Holdings's annualized EBITDA for the quarter that ended in Nov. 2024 was $-0.84 Mil. Contango Holdings's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2024 was -6.67.

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 Contango Holdings's Debt-to-EBITDA or its related term are showing as below:

COHLF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.34   Med: -0.49   Max: -0.23
Current: -3.34

During the past 8 years, the highest Debt-to-EBITDA Ratio of Contango Holdings was -0.23. The lowest was -3.34. And the median was -0.49.

COHLF's Debt-to-EBITDA is ranked worse than
100% of 97 companies
in the Other Energy Sources industry
Industry Median: 1.81 vs COHLF: -3.34

Contango Holdings Debt-to-EBITDA Historical Data

The historical data trend for Contango Holdings'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.

Contango Holdings Debt-to-EBITDA Chart

Contango Holdings Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24
Debt-to-EBITDA
Get a 7-Day Free Trial - - -0.49 -0.23 -2.80

Contango Holdings Semi-Annual Data
May17 Nov17 May18 May19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 - -0.16 -3.37 -2.11 -6.67

Competitive Comparison of Contango Holdings's Debt-to-EBITDA

For the Thermal Coal subindustry, Contango Holdings'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.


Contango Holdings's Debt-to-EBITDA Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Contango Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Contango Holdings's Debt-to-EBITDA falls into.


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Contango Holdings Debt-to-EBITDA Calculation

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

Contango Holdings's Debt-to-EBITDA for the fiscal year that ended in May. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.291 + 0) / -1.887
=-2.80

Contango Holdings's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.628 + 0) / -0.844
=-6.67

* 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 (Nov. 2024) EBITDA data.


Contango Holdings  (OTCPK:COHLF) 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.


Contango Holdings Debt-to-EBITDA Related Terms

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


Contango Holdings Business Description

Traded in Other Exchanges
Address
1 Charterhouse Mews, London, GBR, EC1M 6BB
Contango Holdings PLC is a natural resource development company. It is engaged in the mining business. Its two projects are the Muchesu Project in Zimbabwe and the development of the Garalo-Ntiela Gold Project in Mali.

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