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Ithaca Energy (Ithaca Energy) Debt-to-EBITDA : 6.67 (As of Mar. 2017)


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What is Ithaca Energy Debt-to-EBITDA?

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

Ithaca Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was $0.0 Mil. Ithaca Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was $644.4 Mil. Ithaca Energy's annualized EBITDA for the quarter that ended in Mar. 2017 was $96.6 Mil. Ithaca Energy's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2017 was 6.67.

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 Ithaca Energy's Debt-to-EBITDA or its related term are showing as below:

IACAF'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.

Ithaca Energy Debt-to-EBITDA Historical Data

The historical data trend for Ithaca Energy'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.

Ithaca Energy Debt-to-EBITDA Chart

Ithaca Energy Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.83 -5.48 -3.85 64.53

Ithaca Energy Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 23.12 -8.51 7.88 40.38 6.67

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

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


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

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

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



Ithaca Energy Debt-to-EBITDA Calculation

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

Ithaca Energy's Debt-to-EBITDA for the fiscal year that ended in Dec. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 648.765) / 10.054
=64.53

Ithaca Energy's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 644.415) / 96.6
=6.67

* 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 (Mar. 2017) EBITDA data.


Ithaca Energy  (OTCPK:IACAF) 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.


Ithaca Energy Debt-to-EBITDA Related Terms

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


Ithaca Energy (Ithaca Energy) Business Description

Traded in Other Exchanges
N/A
Address
Ithaca Energy Inc was incorporated on April 27, 2004 and is domiciled in Alberta, Canada. The Company is a North Sea oil and gas operator focused on the delivery of lower risk growth through the appraisal and development of UK undeveloped discoveries, the exploitation of its existing UK producing asset portfolio.

Ithaca Energy (Ithaca Energy) Headlines