Tamboran Resources (ASX:TBN) Debt-to-EBITDA : -0.01 (As of Dec. 2022)

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What is Tamboran Resources Debt-to-EBITDA?

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

Tamboran Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was A$0.41 Mil. Tamboran Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was A$0.00 Mil. Tamboran Resources's annualized EBITDA for the quarter that ended in Dec. 2022 was A$-29.24 Mil. Tamboran Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was -0.01.

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 Tamboran Resources's Debt-to-EBITDA or its related term are showing as below:

ASX:TBN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.1 Med: -0.06 Max: -0.02
Current: -0.02

During the past 2 years, the highest Debt-to-EBITDA Ratio of Tamboran Resources was -0.02. The lowest was -0.10. And the median was -0.06.

ASX:TBN's Debt-to-EBITDA is ranked worse than
100% of 721 companies
in the Oil & Gas industry
Industry Median: 1.75 vs ASX:TBN: -0.02

Tamboran Resources Debt-to-EBITDA Historical Data

The historical data trend for Tamboran Resources'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.

Tamboran Resources Debt-to-EBITDA Chart

Tamboran Resources Annual Data

Trend

Jun22

Jun23

Debt-to-EBITDA

-0.10

-0.02

Tamboran Resources Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	N/A	-0.14	-0.09	-0.01	-0.01

Competitive Comparison of Tamboran Resources's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Tamboran Resources'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.

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

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

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

Tamboran Resources Debt-to-EBITDA Calculation

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

Tamboran Resources's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.424	+	0.3)	/	-42.382
	=	-0.02

Tamboran Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.407	+	0)	/	-29.24
	=	-0.01

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 (Dec. 2022) EBITDA data.

Tamboran Resources (ASX:TBN) 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.

Tamboran Resources Debt-to-EBITDA Related Terms

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

Tamboran Resources (ASX:TBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tamboran Resources Corp (ASX:TBN) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

TBNRF:USA

Address

110-112 The Corso, Manly, Sydney, NSW, AUS, 2095

Website

https://www.tamboran.com

Tamboran Resources Corp is a gas company focused on supporting the Net Zero CO2 energy transition in Australia and Asia-Pacific through developing low CO2 unconventional gas resources in the Australian Northern Territory.

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