Imperial Oil (Imperial Oil) Debt-to-EBITDA

: 0.48 (As of Dec. 2023)

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

Imperial Oil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $155 Mil. Imperial Oil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,072 Mil. Imperial Oil's annualized EBITDA for the quarter that ended in Dec. 2023 was $6,699 Mil. Imperial Oil's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.48.

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 Imperial Oil's Debt-to-EBITDA or its related term are showing as below:

IMO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.39 Med: 1.19 Max: 5.68
Current: 0.52

During the past 13 years, the highest Debt-to-EBITDA Ratio of Imperial Oil was 5.68. The lowest was 0.39. And the median was 1.19.

IMO's Debt-to-EBITDA is ranked better than
80.31% of 716 companies
in the Oil & Gas industry
Industry Median: 1.735 vs IMO: 0.52

Imperial Oil Debt-to-EBITDA Historical Data

The historical data trend for Imperial Oil'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.

Imperial Oil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

1.43

5.68

1.00

0.39

0.52

Imperial Oil 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																0.40	0.50	0.79	0.41	0.48

Competitive Comparison

For the Oil & Gas Integrated subindustry, Imperial Oil'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.

Imperial Oil Debt-to-EBITDA Distribution

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

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

Imperial Oil Debt-to-EBITDA Calculation

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

Imperial Oil'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
	=	(155.039	+	3072.451)	/	6220.185
	=	0.52

Imperial Oil'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
	=	(155.039	+	3072.451)	/	6699.464
	=	0.48

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.

Imperial Oil (AMEX:IMO) 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.

Imperial Oil Debt-to-EBITDA Related Terms

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Imperial Oil (Imperial Oil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Imperial Oil Ltd (AMEX:IMO) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

IMP:Germany IMO:Canada

Address

505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1

Website

https://www.imperialoil.ca

Imperial Oil is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d. The Upstream segment operates to produce crude oil and its equivalent, and natural gas. The Downstream segment operates to refine crude oil into petroleum products. The Chemical segment manufactures hydrocarbon-based chemicals and chemical products.