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Source Rock Royalties (TSXV:SRR) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Source Rock Royalties Debt-to-EBITDA?

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

Source Rock Royalties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Source Rock Royalties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Source Rock Royalties's annualized EBITDA for the quarter that ended in Dec. 2023 was C$5.30 Mil. Source Rock Royalties's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 Source Rock Royalties's Debt-to-EBITDA or its related term are showing as below:

TSXV:SRR's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.765
* Ranked among companies with meaningful Debt-to-EBITDA only.

Source Rock Royalties Debt-to-EBITDA Historical Data

The historical data trend for Source Rock 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.

Source Rock Royalties Debt-to-EBITDA Chart

Source Rock Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Source Rock Royalties Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Source Rock Royalties's Debt-to-EBITDA

For the Oil & Gas Midstream subindustry, Source Rock 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.


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

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

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



Source Rock Royalties Debt-to-EBITDA Calculation

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

Source Rock Royalties's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Source Rock Royalties's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 (Dec. 2023) EBITDA data.


Source Rock Royalties  (TSXV:SRR) 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.


Source Rock Royalties Debt-to-EBITDA Related Terms

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


Source Rock Royalties (TSXV:SRR) Business Description

Traded in Other Exchanges
Address
421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9
Source Rock Royalties Ltd is a pure-play oil and gas royalty company with an existing, light oil-focused portfolio of royalty interests concentrated in southeast Saskatchewan, east-central Alberta, west-central Alberta, and west-central Saskatchewan.
Executives
Bradley Robert Docherty Director, Senior Officer
Shaun Ashton Thiessen Director

Source Rock Royalties (TSXV:SRR) Headlines

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