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Geo Jade Petroleum (SHSE:600759) Debt-to-EBITDA : 1.09 (As of Mar. 2024)


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What is Geo Jade Petroleum Debt-to-EBITDA?

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

Geo Jade Petroleum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥145 Mil. Geo Jade Petroleum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥639 Mil. Geo Jade Petroleum's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥719 Mil. Geo Jade Petroleum's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.09.

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 Geo Jade Petroleum's Debt-to-EBITDA or its related term are showing as below:

SHSE:600759' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.28   Med: 6.16   Max: 661.57
Current: 0.28

During the past 13 years, the highest Debt-to-EBITDA Ratio of Geo Jade Petroleum was 661.57. The lowest was 0.28. And the median was 6.16.

SHSE:600759's Debt-to-EBITDA is ranked better than
87% of 723 companies
in the Oil & Gas industry
Industry Median: 1.77 vs SHSE:600759: 0.28

Geo Jade Petroleum Debt-to-EBITDA Historical Data

The historical data trend for Geo Jade Petroleum'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.

Geo Jade Petroleum Debt-to-EBITDA Chart

Geo Jade Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.30 3.73 661.57 12.60 0.29

Geo Jade Petroleum Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA 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 6.32 5.22 4.25 0.10 1.09

Competitive Comparison of Geo Jade Petroleum's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Geo Jade Petroleum'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.


Geo Jade Petroleum's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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



Geo Jade Petroleum Debt-to-EBITDA Calculation

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

Geo Jade Petroleum'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
=(234.348 + 637.443) / 3033.068
=0.29

Geo Jade Petroleum's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(144.609 + 638.55) / 719.44
=1.09

* 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 (Mar. 2024) EBITDA data.


Geo Jade Petroleum  (SHSE:600759) 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.


Geo Jade Petroleum Debt-to-EBITDA Related Terms

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


Geo Jade Petroleum (SHSE:600759) Business Description

Traded in Other Exchanges
N/A
Address
26 Xiayun Road, Eagle building, Abloack level3 (3A), Chaoyang District, Beijing, CHN
Geo Jade Petroleum Corp is a China-based oil and gas exploration and development company. Its projects include Maten Petroleum, KoZhaN JSC, North Caspian Petroleum and Sozak Oil and Gas. In addition, the company is also involved in the investment management business.
Executives
Zhang Shi Ming Director
Guo Yi Director
Wang Wen Tao Director
Liu Jian Feng senior management
Lang Ying Director
Liao Yong Supervisors
Tan Xuan senior management
Huang Jie Supervisors
Yu Yang Supervisors
He Xi senior management
Hu Hui Ping senior management
Chen Xue Yun senior management
Qu Ning senior management
Wu Guang Da Supervisors
Fan Hui senior management

Geo Jade Petroleum (SHSE:600759) Headlines

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