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WildHorse Resource Development (WildHorse Resource Development) Debt-to-EBITDA : 2.24 (As of Sep. 2018)


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What is WildHorse Resource Development Debt-to-EBITDA?

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

WildHorse Resource Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.0 Mil. WildHorse Resource Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $1,086.0 Mil. WildHorse Resource Development's annualized EBITDA for the quarter that ended in Sep. 2018 was $485.9 Mil. WildHorse Resource Development's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2018 was 2.24.

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 WildHorse Resource Development's Debt-to-EBITDA or its related term are showing as below:

WRD's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.76
* Ranked among companies with meaningful Debt-to-EBITDA only.

WildHorse Resource Development Debt-to-EBITDA Historical Data

The historical data trend for WildHorse Resource Development'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.

WildHorse Resource Development Debt-to-EBITDA Chart

WildHorse Resource Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17
Debt-to-EBITDA
5.20 8.96 3.70 2.82

WildHorse Resource Development Quarterly Data
Dec14 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.90 1.59 -2.47 3.83 2.24

Competitive Comparison of WildHorse Resource Development's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, WildHorse Resource Development'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.

WildHorse Resource Development's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

* The bar in red indicates where WildHorse Resource Development's Debt-to-EBITDA falls into.


WildHorse Resource Development Debt-to-EBITDA Calculation

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

WildHorse Resource Development's Debt-to-EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 770.596) / 273.788
=2.81

WildHorse Resource Development's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1085.997) / 485.864
=2.24

* 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. 2018) EBITDA data.

WildHorse Resource Development  (NYSE:WRD) 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.

WildHorse Resource Development Debt-to-EBITDA Related Terms

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

WildHorse Resource Development (WildHorse Resource Development) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » WildHorse Resource Development Corp (NYSE:WRD) » Definitions » Debt-to-EBITDA
Comparable Companies
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Traded in Other Exchanges
N/A
Address
Website
http://www.wildhorserd.com
WildHorse Resource Development Corp is an independent oil and natural gas company. The company is focused on the acquisition, exploitation, development and production of oil, natural gas and NGL resources. The company operates in Burleson, Lee and Washington Counties where the target is on Eagle Ford Shale, which is one of the active shale trends in North America. The company's objective is to deliver shareholder value through accretive growth in reserves, production and cash flow by developing and expanding portfolio of drilling locations.
Executives
Grant E Sims director 919 MILAM SUITE 2100, HOUSTON TX 77002
Stephanie C Hildebrandt director 9807 KATY FREEWAY, STE 100, HOUSTON TX 77024
G.f.w. Energy Xi, L.p. director, 10 percent owner 2850 NORTH HARWOOD STREET, 19TH FLOOR, DALLAS TX 75201
Steve Saad Habachy officer: See Remarks 9805 KATY WAY, SUITE 400, HOUSTON TX 77024
Jonathan M Clarkson director 1301 MCKINNEY STREET SUITE 2100 HOUSTON TX 77010
Richard D Brannon director C/O CH4 ENERGY SIX, LLC, 5128 APACHE PLUME ROAD, SUITE 300, FORT WORTH TX 76109
Brian A Bernasek director SUITE 220, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Martin W. Sumner director C/O AXALTA COATING SYSTEMS LTD, STE 3600, TWO COMMERCE SQUARE, 2001 MARKET STREET, PHILADELPHIA PA 19103
Tony R Weber director 125 E. JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062
Scott Gieselman director REG NEWCO, INC. 416 S. BELL AVENUE, AMES IA 50010
David W Hayes director 125 E. JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062