Virtus Oil & Gas (Virtus Oil & Gas) Debt-to-EBITDA : -0.11 (As of Feb. 2016)

Virtus Oil & Gas Debt-to-EBITDA Chart

Virtus Oil & Gas Quarterly Data
	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16
Debt-to-EBITDA	Get a 7-Day Free Trial															-	-0.03	-0.07	-0.04	-0.11

Competitive Comparison of Virtus Oil & Gas's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Virtus Oil & Gas'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.

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

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

* The bar in red indicates where Virtus Oil & Gas's Debt-to-EBITDA falls into.

Virtus Oil & Gas Debt-to-EBITDA Calculation

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

Virtus Oil & Gas's Debt-to-EBITDA for the fiscal year that ended in Nov. 2015 is calculated as

Virtus Oil & Gas's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2016 is calculated as

* 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 (Feb. 2016) EBITDA data.

Virtus Oil & Gas  (GREY:VOIL) 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.

Virtus Oil & Gas Debt-to-EBITDA Related Terms

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

Virtus Oil & Gas (Virtus Oil & Gas) Business Description