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CKX Lands (CKX Lands) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is CKX Lands Debt-to-EBITDA?

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

CKX Lands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. CKX Lands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. CKX Lands's annualized EBITDA for the quarter that ended in Mar. 2024 was $-1.74 Mil. CKX Lands's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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 CKX Lands's Debt-to-EBITDA or its related term are showing as below:

CKX's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.78
* Ranked among companies with meaningful Debt-to-EBITDA only.

CKX Lands Debt-to-EBITDA Historical Data

The historical data trend for CKX Lands'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.

CKX Lands Debt-to-EBITDA Chart

CKX Lands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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CKX Lands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of CKX Lands's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, CKX Lands'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.


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

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

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



CKX Lands Debt-to-EBITDA Calculation

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

CKX Lands'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
=(0 + 0) / -0.023
=0.00

CKX Lands'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
=(0 + 0) / -1.744
=0.00

* 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.


CKX Lands  (AMEX:CKX) 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.


CKX Lands Debt-to-EBITDA Related Terms

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


CKX Lands (CKX Lands) Business Description

Traded in Other Exchanges
N/A
Address
2417 Shell Beach Drive, Lake Charles, LA, USA, 70601
CKX Lands Inc is a Louisiana corporation organized to receive non-producing mineral royalties spun off by a southwest Louisiana bank. It operates in three segments: Oil and Gas, Surface, and Timber. The company owns land and mineral interests and collects income through its ownership in the form of oil and gas royalties, surface leases for farming, the right of way and other uses, and timber sales. The company's oil and gas royalties are paid by the operators who own the wells and timber income is paid by the highest bidder for the timber.
Executives
Max H. Hart director P.O. BOX 1700, OPELOUSAS LA 70571
William Gray Stream director 2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601
Daniel J Englander director C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Scott Adams Stepp officer: Chief Financial Officer 2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601
Lane T Lamure director POST OFFICE BOX 11941, JACKSON WY 83002
Ellington Edward Moreland Ii director 1232 CYPRESS HARBOR DRIVE, LAKE CHARLES LA 70605
Lee W. Boyer director 127 W. BROAD ST., 4TH FLOOR, LAKE CHARLES LA 70601
Donald Keith Duplechin director 131 STATE STREET, LAKE CHARLES LA 70605
Ottley Properties, Llc 10 percent owner 337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005
Minvielle Iv Eugene T director P.O. BOX 51684, LAFAYETTE LA 70505
Lee Bert Appleberry director 315 NORTH WILCREST DRIVE, HOUSTON TX 77079
Charles D Viccellio director, officer: Vice President & Secretary 4113 BEAU CHENE DRIVE, LAKE CHARLES LA 70605
Elizabeth Brooks Hollins director 1128 BIRDNEST ROAD, LAKE CHARLES X1 70611
Michael B White 10 percent owner 337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005
Mary W Savoy director 1407 ALVIN STREET, LAKE CHARLES LA 70601

CKX Lands (CKX Lands) Headlines

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