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Amplify Energy (Amplify Energy) Debt-to-EBITDA

: 0.54 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Amplify Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16.0 Mil. Amplify Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $120.1 Mil. Amplify Energy's annualized EBITDA for the quarter that ended in Dec. 2023 was $252.2 Mil. Amplify Energy's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.54.

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

AMPY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.49   Med: 0.72   Max: 29.9
Current: 0.72

During the past 13 years, the highest Debt-to-EBITDA Ratio of Amplify Energy was 29.90. The lowest was -9.49. And the median was 0.72.

AMPY's Debt-to-EBITDA is ranked better than
74.34% of 717 companies
in the Oil & Gas industry
Industry Median: 1.73 vs AMPY: 0.72

Amplify Energy Debt-to-EBITDA Historical Data

The historical data trend for Amplify Energy'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.

Amplify Energy 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 8.04 -0.68 29.90 2.18 0.72

Amplify Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.28 0.30 2.51 -7.40 0.54

Competitive Comparison

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


Amplify Energy Debt-to-EBITDA Distribution

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

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



Amplify Energy Debt-to-EBITDA Calculation

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

Amplify Energy'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
=(15.976 + 120.09) / 189.494
=0.72

Amplify Energy'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
=(15.976 + 120.09) / 252.24
=0.54

* 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. 2023) EBITDA data.


Amplify Energy  (NYSE:AMPY) 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.


Amplify Energy Debt-to-EBITDA Related Terms

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


Amplify Energy (Amplify Energy) Business Description

Traded in Other Exchanges
Address
500 Dallas Street, Suite 1700, Houston, TX, USA, 77002
Amplify Energy Corp is an independent oil and natural gas company engaged in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's oil and natural gas properties are located in large, mature oil and natural gas reservoirs. The company assets consist of producing oil and natural gas properties located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.
Executives
Eric Edward Dulany officer: See Remarks C/O AMPLIFY ENERGY, 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James Frew officer: SVP, CHIEF FINANCIAL OFFICER 500 DALLAS STREET, SUITE 2700, HOUSTON TX 77002
Daniel Furbee officer: SVP, CHIEF OPERATING OFFICER 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Vidisha Prasad director C/O CENTENNIAL RESOURCE DEVELOPMENT, INC, 1001 17TH STREET, SUITE 1800, DENVER CO 80202
Deborah G Adams director FULBRIGHT TOWER, 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Todd R Snyder director 1251 AVENUE OF THE AMERICAS, 51ST FLOOR, NY NY 10020
Patrice D Douglas director 1712 CROSSBOW, EDMOND OK 73034
Martyn Willsher officer: SVP, CFO 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Christopher W. Hamm director 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James E Craddock director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Eric T. Greager director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Evan S. Lederman director C/O FIR TREE PARTNERS, 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
David Proman director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Richard Smiley officer: Senior V.P. Operations 500 DALLAS STREET, SUITE 1800, HOUSTON TX 77002
Anthony William Lopez officer: See Remarks 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002