QEP Resources (QEP Resources) Debt-to-EBITDA : 77.66 (As of Dec. 2020)

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What is QEP Resources Debt-to-EBITDA?

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

QEP Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $23.8 Mil. QEP Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $1,622.6 Mil. QEP Resources's annualized EBITDA for the quarter that ended in Dec. 2020 was $21.2 Mil. QEP Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2020 was 77.66.

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 QEP Resources's Debt-to-EBITDA or its related term are showing as below:

QEP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.06 Med: 2.65 Max: 4
Current: 2.45

During the past 13 years, the highest Debt-to-EBITDA Ratio of QEP Resources was 4.00. The lowest was -8.06. And the median was 2.65.

QEP's Debt-to-EBITDA is not ranked
in the Oil & Gas industry.
Industry Median: 1.74 vs QEP: 2.45

QEP Resources Debt-to-EBITDA Historical Data

The historical data trend for QEP Resources'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.

QEP Resources Debt-to-EBITDA Chart

QEP Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-EBITDA

Get a 7-Day Free Trial

-2.17

2.60

-8.06

3.97

2.70

QEP Resources Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Debt-to-EBITDA	Get a 7-Day Free Trial															7.00	0.81	-8.19	7.23	77.66

Competitive Comparison of QEP Resources's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, QEP Resources'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.

QEP Resources's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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

QEP Resources Debt-to-EBITDA Calculation

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

QEP Resources's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(23.8	+	1622.6)	/	611
	=	2.69

QEP Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2020 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(23.8	+	1622.6)	/	21.2
	=	77.66

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. 2020) EBITDA data.

QEP Resources (NYSE:QEP) 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.

QEP Resources Debt-to-EBITDA Related Terms

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

QEP Resources (QEP Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » QEP Resources Inc (NYSE:QEP) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

1050 17th Street, Suite 800, Denver, CO, USA, 80265

Website

http://www.qepres.com

QEP Resources Inc. is a crude oil and natural gas exploration and production company that focuses on resources in the United States. QEP's reserves are located in two main areas: the Southern Region, primarily Texas; and the Northern Region, primarily North Dakota. The company sells its oil, condensate, and natural gas liquid (NGL) production to gas-marketing firms, crude-oil refiners, midstream service providers, and other companies. QEP also sells gas volumes to industrial users, utility companies, wholesale marketers, and local distributors.

Executives

Joseph T Redman	officer: VP Energy	QEP RESOURCES, INC., 1050 17TH STREET SUITE 800 DENVER CO 80265
William J Buese	officer: VP, CFO & Treasurer	3001 QUAIL SPRINGS PKWY, OKLAHOMA CITY OK 73134
Alice B Ley	officer: VP, Controller & CAO	1050 17TH STREET SUITE 800 DENVER CO 80265
Christopher K Woosley	officer: EVP, General Counsel & CS	1050 17TH STREET SUITE 800 DENVER CO 80265
Myles W Scoggins	director	1722 ILLINOIS STREET, GOLDEN CO 80401
Julie Dill	director	1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Michael J Minarovic	director	QEP RESOURCES, INC. 1050 17TH STREET, SUITE 800 DENVER CO 80265
Mary Shafer-malicki	director	757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Robert Heinemann	director
Barth E Whitham	director	INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
David A Trice	director	C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Timothy J. Cutt	director, officer: President & CEO	3001 QUAIL SPRINGS PKWY, OKLAHOMA CITY OK 73134
Joseph N Jaggers	director
Richard J Doleshek	officer: EVP, CFO	1050 17TH STREET, SUITE 800 DENVER CO 80265
Jeffery R Tommerup	officer: SVP - Production & HSE	1050 17TH STREET SUITE 800 DENVER CO 80265