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Vanguard Natural Resources LLC (Vanguard Natural Resources LLC) Debt-to-EBITDA : -0.02 (As of Jun. 2019)


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What is Vanguard Natural Resources LLC Debt-to-EBITDA?

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

Vanguard Natural Resources LLC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $30.63 Mil. Vanguard Natural Resources LLC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $0.00 Mil. Vanguard Natural Resources LLC's annualized EBITDA for the quarter that ended in Jun. 2019 was $-1,325.51 Mil. Vanguard Natural Resources LLC's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2019 was -0.02.

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 Vanguard Natural Resources LLC's Debt-to-EBITDA or its related term are showing as below:

VNRAQ.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -55.74   Med: 3.5   Max: 11.74
Current: -0.15

During the past 13 years, the highest Debt-to-EBITDA Ratio of Vanguard Natural Resources LLC was 11.74. The lowest was -55.74. And the median was 3.50.

VNRAQ.PFD's Debt-to-EBITDA is not ranked
in the Oil & Gas industry.
Industry Median: 1.73 vs VNRAQ.PFD: -0.15

Vanguard Natural Resources LLC Debt-to-EBITDA Historical Data

The historical data trend for Vanguard Natural Resources LLC'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.

Vanguard Natural Resources LLC Debt-to-EBITDA Chart

Vanguard Natural Resources LLC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.35 -1.48 -3.13 N/A 5.30

Vanguard Natural Resources LLC Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -72.88 11.21 1.72 - -0.02

Competitive Comparison of Vanguard Natural Resources LLC's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Vanguard Natural Resources LLC'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.


Vanguard Natural Resources LLC's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Vanguard Natural Resources LLC's Debt-to-EBITDA falls into.



Vanguard Natural Resources LLC Debt-to-EBITDA Calculation

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

Vanguard Natural Resources LLC'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
=(892.321 + 5.446) / 169.276
=5.30

Vanguard Natural Resources LLC's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(30.628 + 0) / -1325.512
=-0.02

* 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 (Jun. 2019) EBITDA data.


Vanguard Natural Resources LLC  (OTCPK:VNRAQ.PFD) 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.


Vanguard Natural Resources LLC Debt-to-EBITDA Related Terms

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


Vanguard Natural Resources LLC (Vanguard Natural Resources LLC) Business Description

Traded in Other Exchanges
N/A
Address
5847 San Felipe, Suite 3000, Houston, TX, USA, 77057
Grizzly Energy LLC is an onshore energy company. The company is focused on the acquisition and development of oil and natural gas properties in the United States. Its properties comprise of Anadarko, Arkoma, Big Horn, Green River, Gulf Coast and Permian.