Topaz Energy (Topaz Energy) Debt-to-EBITDA : 1.11 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Topaz Energy Debt-to-EBITDA?

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

Topaz Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Topaz Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $291.9 Mil. Topaz Energy's annualized EBITDA for the quarter that ended in Dec. 2023 was $263.4 Mil. Topaz Energy's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.11.

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

TPZEF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.24 Med: 1.32 Max: 1.44
Current: 1.24

During the past 5 years, the highest Debt-to-EBITDA Ratio of Topaz Energy was 1.44. The lowest was 1.24. And the median was 1.32.

TPZEF's Debt-to-EBITDA is ranked better than
60.36% of 719 companies
in the Oil & Gas industry
Industry Median: 1.73 vs TPZEF: 1.24

Topaz Energy Debt-to-EBITDA Historical Data

The historical data trend for Topaz 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.

Topaz Energy Debt-to-EBITDA Chart

Topaz Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

1.44

1.32

1.24

Topaz Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial														1.21	1.45	1.32	1.31	1.11

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

For the Oil & Gas Midstream subindustry, Topaz 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.

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

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

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

Topaz Energy Debt-to-EBITDA Calculation

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

Topaz Energy's Debt-to-EBITDA for the fiscal year 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
	=	(0	+	291.919)	/	235.11
	=	1.24

Topaz Energy'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
	=	(0	+	291.919)	/	263.412
	=	1.11

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 (Dec. 2023) EBITDA data.

Topaz Energy (OTCPK:TPZEF) 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.

Topaz Energy Debt-to-EBITDA Related Terms

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

Topaz Energy (Topaz Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Topaz Energy Corp (OTCPK:TPZEF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

5XU:Germany TPZ:Canada

Address

250 - 6th Avenue SW, Suite 3100, Calgary, AB, CAN, T2P 3H7

Website

https://www.topazenergy.ca

Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. It generates revenue from the Royalty Assets, which generate the company's Royalty Production Revenue; and the Infrastructure Assets, which generate the company's Processing Revenue and Other Income. The majority of the company's revenue is earned through royalties.