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Cross Timbers Royalty Trust (Cross Timbers Royalty Trust) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Cross Timbers Royalty Trust Debt-to-EBITDA?

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

Cross Timbers Royalty Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Cross Timbers Royalty Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Cross Timbers Royalty Trust's annualized EBITDA for the quarter that ended in Mar. 2024 was $5.90 Mil. Cross Timbers Royalty Trust'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 Cross Timbers Royalty Trust's Debt-to-EBITDA or its related term are showing as below:

CRT's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.77
* Ranked among companies with meaningful Debt-to-EBITDA only.

Cross Timbers Royalty Trust Debt-to-EBITDA Historical Data

The historical data trend for Cross Timbers Royalty Trust'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.

Cross Timbers Royalty Trust Debt-to-EBITDA Chart

Cross Timbers Royalty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Cross Timbers Royalty Trust 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 Cross Timbers Royalty Trust's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Cross Timbers Royalty Trust'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.


Cross Timbers Royalty Trust's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cross Timbers Royalty Trust's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cross Timbers Royalty Trust's Debt-to-EBITDA falls into.



Cross Timbers Royalty Trust Debt-to-EBITDA Calculation

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

Cross Timbers Royalty Trust'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) / 11.484
=0.00

Cross Timbers Royalty Trust's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

* 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.


Cross Timbers Royalty Trust  (NYSE:CRT) 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.


Cross Timbers Royalty Trust Debt-to-EBITDA Related Terms

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


Cross Timbers Royalty Trust (Cross Timbers Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
C/o Corporate Argent Trust Company, 2911 Turtle Creek Boulevard, Suite 850, Dallas, TX, USA, 75219
Cross Timbers Royalty Trust is a United States based trust. Its principal asset is the net profits interests. The net profits interests are derived from producing royalty, overriding royalty interests, and working interests properties. The underlying properties of the trust include producing properties in Texas, Oklahoma, and New Mexico.
Executives
Gary D. Simpson officer: Sr VP Investor Rel & Finance, other: Advisory Dir - XTO Energy Inc. 810 HOUSTON STREET, FORT WORTH TX 76102
Timothy L Petrus other: Exec VP - XTO Energy Inc. 810 HOUSTON STREET, FORT WORTH TX 76102
Phillip R Kevil other: Director-XTO Energy Inc. C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Vennerberg Vaughn O Ii other: Exec. VP - Admin., XTO Energy
Bob R Simpson other: Dir/CEO/Chair, XTO Energy C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Bennie G Kniffen other: Sr. VP-Controller, XTO Energy
Steffen E Palko Dir, Pres. and Vice Chairman, other: Dir/Pres/Vice Chair-XTO Energy
Louis G Baldwin other: Executive VP-CFO, XTO Energy
Keith A Hutton other: Exec. VP-Operation, XTO Energy C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Lane G Collins other: Director, XTO Energy
Jack P Randall other: Director, XTO Energy Inc.
Adams William H Iii other: Director, XTO Energy Inc. C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Scott G Sherman other: Director XTO Energy Inc.
Herbert D Simons other: Director, XTO Energy Inc.

Cross Timbers Royalty Trust (Cross Timbers Royalty Trust) Headlines

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