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Canacol Energy (TSX:CNE) Debt-to-Revenue : 2.04 (As of Dec. 2023)


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What is Canacol Energy Debt-to-Revenue?

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

Canacol Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$4.3 Mil. Canacol Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$903.2 Mil. Canacol Energy's annualized Revenue for the quarter that ended in Dec. 2023 was C$444.4 Mil. Canacol Energy's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 2.04.


Canacol Energy Debt-to-Revenue Historical Data

The historical data trend for Canacol Energy's Debt-to-Revenue 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.

Canacol Energy Debt-to-Revenue Chart

Canacol Energy Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 1.40 1.65 1.53 2.14

Canacol Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue 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 1.61 1.79 1.99 1.96 2.04

Competitive Comparison of Canacol Energy's Debt-to-Revenue

For the Oil & Gas E&P subindustry, Canacol Energy's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Canacol Energy's Debt-to-Revenue Distribution in the Oil & Gas Industry

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

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



Canacol Energy Debt-to-Revenue Calculation

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

Canacol Energy's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4.348 + 903.157) / 423.681
=2.14

Canacol Energy's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4.348 + 903.157) / 444.372
=2.04

* 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-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Canacol Energy Debt-to-Revenue Related Terms

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Canacol Energy (TSX:CNE) Business Description

Traded in Other Exchanges
Address
215 - 9 Avenue SW, Suite 2000, Calgary, AB, CAN, T2P 1K3
Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower and Middle Magdalena Basins of Colombia.

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