Bonanza Creek Energy (OLD) (Bonanza Creek Energy (OLD)) Debt-to-EBITDA : 0.45 (As of Sep. 2020)

Bonanza Creek Energy (OLD) Debt-to-EBITDA Chart

Bonanza Creek Energy (OLD) Annual Data
	Trend	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
Debt-to-EBITDA		Get a 7-Day Free Trial				-1.44	-38.49	N/A	0.25	0.83

Bonanza Creek Energy (OLD) Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Debt-to-EBITDA	Get a 7-Day Free Trial															0.54	1.50	0.26	-1.51	0.45

Competitive Comparison of Bonanza Creek Energy (OLD)'s Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Bonanza Creek Energy (OLD)'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.

Bonanza Creek Energy (OLD)'s Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bonanza Creek Energy (OLD)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bonanza Creek Energy (OLD)'s Debt-to-EBITDA falls into.

Bonanza Creek Energy (OLD) Debt-to-EBITDA Calculation

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

Bonanza Creek Energy (OLD)'s Debt-to-EBITDA for the fiscal year that ended in Dec. 2019 is calculated as

Bonanza Creek Energy (OLD)'s annualized Debt-to-EBITDA for the quarter that ended in Sep. 2020 is calculated as

* 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 (Sep. 2020) EBITDA data.

Bonanza Creek Energy (OLD)  (NYSE:BCEI) 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.

Bonanza Creek Energy (OLD) Debt-to-EBITDA Related Terms

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Bonanza Creek Energy (OLD) (Bonanza Creek Energy (OLD)) Business Description