GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Eurasia Drilling Co Ltd (LSE:EDCL) » Definitions » Debt-to-EBITDA

Eurasia Drilling Co (LSE:EDCL) Debt-to-EBITDA : 2.36 (As of Jun. 2015)


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

What is Eurasia Drilling Co Debt-to-EBITDA?

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

Eurasia Drilling Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $323 Mil. Eurasia Drilling Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $803 Mil. Eurasia Drilling Co's annualized EBITDA for the quarter that ended in Jun. 2015 was $476 Mil. Eurasia Drilling Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 was 2.36.

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 Eurasia Drilling Co's Debt-to-EBITDA or its related term are showing as below:

LSE:EDCL's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.76
* Ranked among companies with meaningful Debt-to-EBITDA only.

Eurasia Drilling Co Debt-to-EBITDA Historical Data

The historical data trend for Eurasia Drilling Co'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.

Eurasia Drilling Co Debt-to-EBITDA Chart

Eurasia Drilling Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 0.93 1.19 0.87 1.23 1.32

Eurasia Drilling Co Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.36 1.22 1.37 1.30 2.36

Competitive Comparison of Eurasia Drilling Co's Debt-to-EBITDA

For the Oil & Gas Drilling subindustry, Eurasia Drilling Co'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.


Eurasia Drilling Co's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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



Eurasia Drilling Co Debt-to-EBITDA Calculation

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

Eurasia Drilling Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(126.451 + 992.952) / 847.109
=1.32

Eurasia Drilling Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(322.611 + 802.606) / 475.928
=2.36

* 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 two times the quarterly (Jun. 2015) EBITDA data.


Eurasia Drilling Co  (LSE:EDCL) 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.


Eurasia Drilling Co Debt-to-EBITDA Related Terms

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


Eurasia Drilling Co (LSE:EDCL) Business Description

Traded in Other Exchanges
N/A
Address
Eurasia Drilling Co Ltd was incorporated on November 25, 2002 under the Law of the Cayman Islands. The Company is engaged in providing exploratory and developmental drilling and oil and gas field services to companies operating within the Russian Federation, Kazakhstan, Iraq and the Caspian Sea region. The Company operates in two operating and geographical segments: onshore drilling conducted in the CIS and off-shore drilling conducted in the Caspian Sea.

Eurasia Drilling Co (LSE:EDCL) Headlines

No Headlines