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Clean Energy Fuels (FRA:WIQ) Debt-to-EBITDA : 599.51 (As of Mar. 2024)


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What is Clean Energy Fuels Debt-to-EBITDA?

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

Clean Energy Fuels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €8.2 Mil. Clean Energy Fuels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €322.7 Mil. Clean Energy Fuels's annualized EBITDA for the quarter that ended in Mar. 2024 was €0.6 Mil. Clean Energy Fuels's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 599.51.

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 Clean Energy Fuels's Debt-to-EBITDA or its related term are showing as below:

FRA:WIQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -45.48   Med: 2.17   Max: 142.88
Current: -45.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Clean Energy Fuels was 142.88. The lowest was -45.48. And the median was 2.17.

FRA:WIQ's Debt-to-EBITDA is ranked worse than
100% of 718 companies
in the Oil & Gas industry
Industry Median: 1.76 vs FRA:WIQ: -45.48

Clean Energy Fuels Debt-to-EBITDA Historical Data

The historical data trend for Clean Energy Fuels'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.

Clean Energy Fuels Debt-to-EBITDA Chart

Clean Energy Fuels 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 1.71 2.64 -1.85 125.14 -11.29

Clean Energy Fuels 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 -2.20 -41.38 -6.45 46.51 599.51

Competitive Comparison of Clean Energy Fuels's Debt-to-EBITDA

For the Oil & Gas Refining & Marketing subindustry, Clean Energy Fuels'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.


Clean Energy Fuels's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Clean Energy Fuels's Debt-to-EBITDA falls into.



Clean Energy Fuels Debt-to-EBITDA Calculation

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

Clean Energy Fuels'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
=(7.779 + 322.809) / -29.273
=-11.29

Clean Energy Fuels'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
=(8.2 + 322.729) / 0.552
=599.51

* 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.


Clean Energy Fuels  (FRA:WIQ) 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.


Clean Energy Fuels Debt-to-EBITDA Related Terms

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


Clean Energy Fuels (FRA:WIQ) Business Description

Traded in Other Exchanges
Address
4675 MacArthur Court, Suite 800, Newport Beach, CA, USA, 92660
Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas, liquefied natural gas, and renewable natural gas as an alternative fuel for vehicles. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The company operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. The company also builds, operates, and maintains natural gas fueling stations for customers. The company's target markets include heavy-duty trucking, airports, public transit, institutional energy users, and government fleets.

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