GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Foothills Exploration Inc (OTCPK:FTXP) » Definitions » Debt-to-EBITDA

Foothills Exploration (Foothills Exploration) Debt-to-EBITDA : 1.02 (As of Sep. 2019)


View and export this data going back to 2014. Start your Free Trial

What is Foothills Exploration Debt-to-EBITDA?

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

Foothills Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $10.66 Mil. Foothills Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil. Foothills Exploration's annualized EBITDA for the quarter that ended in Sep. 2019 was $10.45 Mil. Foothills Exploration's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2019 was 1.02.

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 Foothills Exploration's Debt-to-EBITDA or its related term are showing as below:

FTXP's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.74
* Ranked among companies with meaningful Debt-to-EBITDA only.

Foothills Exploration Debt-to-EBITDA Historical Data

The historical data trend for Foothills Exploration'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.

Foothills Exploration Debt-to-EBITDA Chart

Foothills Exploration Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial - -10.53 -3.14 -1.56 -2.32

Foothills Exploration Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -6.03 -0.99 4.19 -6.38 1.02

Competitive Comparison of Foothills Exploration's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Foothills Exploration'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.


Foothills Exploration's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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



Foothills Exploration Debt-to-EBITDA Calculation

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

Foothills Exploration's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9.027 + 0.033) / -3.904
=-2.32

Foothills Exploration's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(10.657 + 0) / 10.452
=1.02

* 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. 2019) EBITDA data.


Foothills Exploration  (OTCPK:FTXP) 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.


Foothills Exploration Debt-to-EBITDA Related Terms

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


Foothills Exploration (Foothills Exploration) Business Description

Traded in Other Exchanges
N/A
Address
2660 Townsgate Road, Suite 800, Westlake Village, CA, USA, 91361
Foothills Exploration Inc is an independent oil and gas exploration and production company. It engages in the acquisition and development of oil and natural gas properties. The firm is actively focused on acquiring producing and developmental properties in the Rockies and Gulf Coast regions. Its projects include Wind River Basin, Stagecoach Project, and Altamont-Bluebell Project.