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Sitio Royalties (FRA:SB9) Debt-to-EBITDA : 1.84 (As of Mar. 2024)


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What is Sitio Royalties Debt-to-EBITDA?

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

Sitio Royalties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1.6 Mil. Sitio Royalties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €785.6 Mil. Sitio Royalties's annualized EBITDA for the quarter that ended in Mar. 2024 was €428.0 Mil. Sitio Royalties's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.84.

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 Sitio Royalties's Debt-to-EBITDA or its related term are showing as below:

FRA:SB9' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.48   Med: 2.7   Max: 2.9
Current: 2.9

During the past 4 years, the highest Debt-to-EBITDA Ratio of Sitio Royalties was 2.90. The lowest was 1.48. And the median was 2.70.

FRA:SB9's Debt-to-EBITDA is ranked worse than
66.34% of 719 companies
in the Oil & Gas industry
Industry Median: 1.76 vs FRA:SB9: 2.90

Sitio Royalties Debt-to-EBITDA Historical Data

The historical data trend for Sitio Royalties'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.

Sitio Royalties Debt-to-EBITDA Chart

Sitio Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- 1.48 2.87 2.70

Sitio Royalties Quarterly Data
Dec20 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 1.57 2.40 2.32 -9.65 1.84

Competitive Comparison of Sitio Royalties's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Sitio Royalties'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.


Sitio Royalties's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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



Sitio Royalties Debt-to-EBITDA Calculation

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

Sitio Royalties'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
=(1.582 + 798.461) / 296.882
=2.69

Sitio Royalties'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
=(1.583 + 785.609) / 428
=1.84

* 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.


Sitio Royalties  (FRA:SB9) 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.


Sitio Royalties Debt-to-EBITDA Related Terms

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


Sitio Royalties (FRA:SB9) Business Description

Traded in Other Exchanges
Address
1401 Lawrence Street, Suite 1750, Denver, CO, USA, 80202
Sitio Royalties Corp is a pure-play mineral and royalty company. The group focuses on investing in mineral and royalty interests in the Permian and other productive U.S. oil basins.

Sitio Royalties (FRA:SB9) Headlines

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