Worley (Worley) Debt-to-EBITDA : 2.78 (As of Dec. 2023)

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What is Worley Debt-to-EBITDA?

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

Worley's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $58 Mil. Worley's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,361 Mil. Worley's annualized EBITDA for the quarter that ended in Dec. 2023 was $510 Mil. Worley's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.78.

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

WYGPF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.61 Med: 4.2 Max: 6.07
Current: 2.69

During the past 13 years, the highest Debt-to-EBITDA Ratio of Worley was 6.07. The lowest was 1.61. And the median was 4.20.

WYGPF's Debt-to-EBITDA is ranked worse than
64.71% of 717 companies
in the Oil & Gas industry
Industry Median: 1.73 vs WYGPF: 2.69

Worley Debt-to-EBITDA Historical Data

The historical data trend for Worley'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.

Worley Debt-to-EBITDA Chart

Worley Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

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5.22

2.97

4.06

3.50

4.35

Worley Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															3.80	3.30	10.61	2.76	2.78

Competitive Comparison of Worley's Debt-to-EBITDA

For the Oil & Gas Equipment & Services subindustry, Worley'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.

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

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

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

Worley Debt-to-EBITDA Calculation

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

Worley's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(60.403	+	1448.322)	/	346.98
	=	4.35

Worley'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
	=	(57.564	+	1361.446)	/	510.04
	=	2.78

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 two times the quarterly (Dec. 2023) EBITDA data.

Worley (OTCPK:WYGPF) 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.

Worley Debt-to-EBITDA Related Terms

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

Worley (Worley) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Worley Ltd (OTCPK:WYGPF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

WYGPY:USA WOR:Australia

Address

141 Walker Street, Level 17, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.worley.com

Worley is a leading global provider of professional services, such as engineering, procurement, and construction management, to the oil, gas, mining, power, and infrastructure sectors. Purchase of Jacobs ECR in April 2019 reduced revenue contribution from hydrocarbons to just over 50%, from a prior 75%-80% position. Metals and mining contributes 23% and infrastructure and chemicals the balance. Worley has a global presence with about 59,000 staff in more than 50 countries. It has a strong presence in many developing economies, including Africa.