Discovery Energy (Discovery Energy) Debt-to-EBITDA : -5.59 (As of Feb. 2022)

Discovery Energy Debt-to-EBITDA Chart

Discovery Energy Annual Data
	Trend	Feb13	Feb14	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22
Debt-to-EBITDA		Get a 7-Day Free Trial					-0.25	-2.21	-1.30	-1.47	-5.55

Discovery Energy Quarterly Data
	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.74	-4.63	-7.30	-4.75	-5.59

Competitive Comparison of Discovery Energy's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Discovery 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.

Discovery Energy's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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

Discovery Energy Debt-to-EBITDA Calculation

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

Discovery Energy's Debt-to-EBITDA for the fiscal year that ended in Feb. 2022 is calculated as

Discovery Energy's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2022 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 (Feb. 2022) EBITDA data.

Discovery Energy  (OTCPK:DENR) 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.

Discovery Energy Debt-to-EBITDA Related Terms

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Discovery Energy (Discovery Energy) Business Description