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Prairie Operating Co (Prairie Operating Co) Debt-to-EBITDA : -0.00 (As of Dec. 2023)


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What is Prairie Operating Co Debt-to-EBITDA?

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

Prairie Operating Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.04 Mil. Prairie Operating Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.09 Mil. Prairie Operating Co's annualized EBITDA for the quarter that ended in Dec. 2023 was $-92.06 Mil. Prairie Operating Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.00.

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 Prairie Operating Co's Debt-to-EBITDA or its related term are showing as below:

PROP's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.57
* Ranked among companies with meaningful Debt-to-EBITDA only.

Prairie Operating Co Debt-to-EBITDA Historical Data

The historical data trend for Prairie Operating Co'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.

Prairie Operating Co Debt-to-EBITDA Chart

Prairie Operating Co 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 -2.55 -2.26 -0.31 -14.17 -

Prairie Operating Co 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 0.30 -2.17 -0.03 -0.04 -

Competitive Comparison of Prairie Operating Co's Debt-to-EBITDA

For the Capital Markets subindustry, Prairie Operating Co'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.


Prairie Operating Co's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Prairie Operating Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Prairie Operating Co's Debt-to-EBITDA falls into.



Prairie Operating Co Debt-to-EBITDA Calculation

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

Prairie Operating Co'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
=(0.042 + 0.094) / -77.973
=-0.00

Prairie Operating Co'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
=(0.042 + 0.094) / -92.064
=-0.00

* 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.


Prairie Operating Co  (NAS:PROP) 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.


Prairie Operating Co Debt-to-EBITDA Related Terms

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


Prairie Operating Co (Prairie Operating Co) Business Description

Traded in Other Exchanges
N/A
Address
8636 N. Classen Boulevard, Suite 110-502, Oklahoma, OK, USA, 73114
Prairie Operating Co develops and operates bitcoin mining scaled-up facilities using natural gas to power the operations. It generates substantially all its revenue through cryptocurrency, which it earns through mining activities.
Executives
James W. Wallis 10 percent owner 6410 NORTH SANTA FE AVE., STE B, OKLAHOMA CITY OK 73116
Daniel T. Sweeney officer: General Counsel & Corp. Sec'y 8636 N. CLASSEN BOULEVARD, OKLAHOMA CITY OK 73114
Jonathan H. Gray director 657 PERUGIA WAY, LOS ANGELES CA 90077
Erik Thoresen director C/O FUSION ACQUISITION CORP. II, 667 MADISON AVENUE, NEW YORK NY 10065
Robert Craig Owen officer: Chief Financial Officer 2350 N. SAM HOUSTON PARKWAY EAST, SUITE 125, HOUSTON TX 77032
Stephen Lee director 3326 MID LANE, HOUSTON TX 77027
Jeremy Landon Ham officer: Chief Commercial Officer 12115 DOUBLE TREE DRIVE, HOUSTON TX 77070
Michael Martin Breen director LOWSLEY HOUSE 133 HEADLEY ROAD, LIPHOOK X0 GU30 7PU
Paul Kessler director, 10 percent owner 555 MARIN STREET, SUITE 140, THOUSAND OAKS CA 91360
Bryan Freeman officer: Exec VP of Operations 16200 PARK ROW, SUITE 300, HOUSTON TX 77084
Gary C Hanna director, officer: President
Gizman I Abbas director 415 WASHINGTON STREET, APT 1B, NEW YORK NY 10013
Edward Kovalik director, officer: Chief Executive Officer 1 GRAND ARMY PLAZA, 11 GG, BROOKLYN NY 11238
Scott D Kaufman director, 10 percent owner, officer: Chairman, CEO and President MIDUSMMER INVESTMENT LTD, 485 MADISON AVENUE 23RD FLOOR, NEW YORK NY 10022
Alan Louis Urban officer: Chief Financial Officer 1524 CLOVERFIELD BOULEVARD, SUITE E, SANTA MONICA CA 90404