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PA Resources AB (STU:P3RA) Debt-to-EBITDA : 0.32 (As of Sep. 2015)


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What is PA Resources AB Debt-to-EBITDA?

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

PA Resources AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was €258.80 Mil. PA Resources AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was €0.00 Mil. PA Resources AB's annualized EBITDA for the quarter that ended in Sep. 2015 was €806.87 Mil. PA Resources AB's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2015 was 0.32.

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

STU:P3RA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.66
Current: 1.66

During the past 11 years, the highest Debt-to-EBITDA Ratio of PA Resources AB was 1.66. The lowest was 0.00. And the median was 0.00.

STU:P3RA's Debt-to-EBITDA is not ranked
in the Oil & Gas industry.
Industry Median: 1.76 vs STU:P3RA: 1.66

PA Resources AB Debt-to-EBITDA Historical Data

The historical data trend for PA Resources AB'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.

PA Resources AB Debt-to-EBITDA Chart

PA Resources AB Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A 3.11 2.14 -5.06 -4.18

PA Resources AB Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 13.21 -0.77 1.18 -38.57 0.32

Competitive Comparison of PA Resources AB's Debt-to-EBITDA

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


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

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

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



PA Resources AB Debt-to-EBITDA Calculation

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

PA Resources AB's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(262.364 + 0) / -62.721
=-4.18

PA Resources AB's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(258.804 + 0) / 806.872
=0.32

* 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 (Sep. 2015) EBITDA data.


PA Resources AB  (STU:P3RA) 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.


PA Resources AB Debt-to-EBITDA Related Terms

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


PA Resources AB (STU:P3RA) Business Description

Traded in Other Exchanges
N/A
Address
PA Resources AB is engaged in acquisition, development, extraction and sale of oil and gas reserves. It operates in Tunisia, Republic of Congo (Brazzaville), Equatorial Guinea, United Kingdom, Denmark, Greenland, Netherlands and Germany. It has operations and assets in eight countries and has oil production in West and North Africa. The Company has 21 oil and gas licences in total, of which 7 are production licences and 14 exploration licences. The Company's operations are subject to environmental legislation and regulations applicable in each country it operates.

PA Resources AB (STU:P3RA) Headlines

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