Sunoco LP (Sunoco LP) Debt-to-EBITDA : -205.65 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Sunoco LP Debt-to-EBITDA?

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

Sunoco LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $22 Mil. Sunoco LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,091 Mil. Sunoco LP's annualized EBITDA for the quarter that ended in Dec. 2023 was $-20 Mil. Sunoco LP's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -205.65.

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 Sunoco LP's Debt-to-EBITDA or its related term are showing as below:

SUN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.28 Med: 5.6 Max: 14.42
Current: 4.99

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sunoco LP was 14.42. The lowest was 4.28. And the median was 5.60.

SUN's Debt-to-EBITDA is ranked worse than
84.09% of 723 companies
in the Oil & Gas industry
Industry Median: 1.74 vs SUN: 4.99

Sunoco LP Debt-to-EBITDA Historical Data

The historical data trend for Sunoco LP'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.

Sunoco LP Debt-to-EBITDA Chart

Sunoco LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

5.60

6.17

4.28

4.76

4.99

Sunoco LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															7.92	4.04	5.32	2.84	-205.65

Competitive Comparison of Sunoco LP's Debt-to-EBITDA

For the Oil & Gas Refining & Marketing subindustry, Sunoco LP'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.

Sunoco LP's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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

Sunoco LP Debt-to-EBITDA Calculation

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

Sunoco LP'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
	=	(22	+	4091)	/	825
	=	4.99

Sunoco LP's annualized Debt-to-EBITDA for the quarter 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
	=	(22	+	4091)	/	-20
	=	-205.65

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 (Dec. 2023) EBITDA data.

Sunoco LP (NYSE:SUN) 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.

Sunoco LP Debt-to-EBITDA Related Terms

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

Sunoco LP (Sunoco LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sunoco LP (NYSE:SUN) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

8111 Westchester Drive, Suite 400, Dallas, TX, USA, 75225

Website

https://www.sunocolp.com

Sunoco LP is a Delaware limited partnership formed in June 2012 by Susser Holdings Corporation or SUSS. In September 2012, the Company completed its initial public offering. The Company, along with its wholly owned subsidiary, is an independent motor fuel distributor by gallons in Texas, and among the distributors of Valero and Chevron branded motor fuel in the United States. The Company also receives rental income from real estate that it leases or subleases. SUSS operated approximately 580 retail convenience stores under its proprietary Stripes convenience store brand at year-end, mainly in growing Texas markets. Stripes is an independent chain of convenience stores in Texas based on store count and retail motor fuel volumes sold. Its business is integral to the success of SUSS' retail operations, and SUSS purchases substantially all of its motor fuel from the Company. In addition to distributing motor fuel, it also distributes other petroleum products such as propane and lube oil, and receives rental income from real estate that it leases or subleases. The Company purchases motor fuel mainly from independent refiners and oil companies and distributes it throughout Texas and in Louisiana, New Mexico and Oklahoma. The Company competes mainly with other independent motor fuel distributors. The Company is subject to various federal, state and local environmental laws and regulations, including those relating to underground storage tanks; the release or discharge of hazardous materials into the air, water and soil; the generation, storage, handling, use, transportation and disposal of regulated materials; the exposure of persons to regulated materials; and the remediation of contaminated soil and groundwater.

Executives

Arnold Dodderer	officer: General Counsel	8020 PARK LANE, DALLAS TX 75231
Joseph Kim	officer: EVP-Chief Development Officer	8020 PARK LANE, DALLAS TX 75231
Austin Harkness	officer: SVP - Pricing & REO	8111 WESTCHESTER DRIVE., SUITE 600, DALLAS TX 75225
Ray W Washburne	director	47 HIGHLAND PARK VILLAGE, SUITE 200, DALLAS TX 75205
Matthew S. Ramsey	director	6002 DEERWOOD, HOUSTON TX 77057
David K Skidmore	director	400 N. SAINT PAUL ST., STE. 800, DALLAS TX 75201
Imad K. Anbouba	director	10440 N CENTRAL EXPWAY, SUITE 1010, DALLAS TX 75231
Dylan Bramhall	officer: CFO	8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Rick Raymer	officer: VP & Controller & POA	8020 PARK LANE, SUITE 200, DALLAS TX 75231
Alison Gladwin	officer: SVP, Marketing & Admin.	8111 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Karl R Fails	officer: EVP, Supply & Trading	8111 WESTCHESTER DRIVE, SUITE 500, DALLAS TX 75225
Brian A Hand	officer: SVP-Chief Dev. & Mktg. Officer	910 BEECHWOOD LANE, FAIRVIEW TX 75069
Christopher Curia	director, officer: Sr. VP - Human Resources	1250 VIA MILANO, SAN ANTONIO TX 78260
Thomas R Miller	officer: CFO	2030 DONAHUE FERRY ROAD, PINEVILLE LA 71360
Camilla A. Harris	officer: VP, Controller & PAO	8020 PARK LANE, DALLAS TX 75231