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FieldPoint Petroleum (FieldPoint Petroleum) Debt-to-EBITDA : -4.64 (As of Mar. 2019)


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What is FieldPoint Petroleum Debt-to-EBITDA?

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

FieldPoint Petroleum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $2.58 Mil. FieldPoint Petroleum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $0.00 Mil. FieldPoint Petroleum's annualized EBITDA for the quarter that ended in Mar. 2019 was $-0.56 Mil. FieldPoint Petroleum's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2019 was -4.64.

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 FieldPoint Petroleum's Debt-to-EBITDA or its related term are showing as below:

FPPP's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.77
* Ranked among companies with meaningful Debt-to-EBITDA only.

FieldPoint Petroleum Debt-to-EBITDA Historical Data

The historical data trend for FieldPoint Petroleum'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.

FieldPoint Petroleum Debt-to-EBITDA Chart

FieldPoint Petroleum Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -95.26 -0.63 -5.83 0.81 -0.99

FieldPoint Petroleum Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 -9.21 1.77 32.31 -0.22 -4.64

Competitive Comparison of FieldPoint Petroleum's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, FieldPoint Petroleum'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.


FieldPoint Petroleum's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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



FieldPoint Petroleum Debt-to-EBITDA Calculation

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

FieldPoint Petroleum's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.585 + 0) / -2.621
=-0.99

FieldPoint Petroleum's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.578 + 0) / -0.556
=-4.64

* 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. 2019) EBITDA data.


FieldPoint Petroleum  (OTCPK:FPPP) 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.


FieldPoint Petroleum Debt-to-EBITDA Related Terms

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


FieldPoint Petroleum (FieldPoint Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
609 Castle Ridge Road, Suite 335, Austin, TX, USA, 78746
FieldPoint Petroleum Corp is a US based company operates in oil and natural gas business. The business activity of the group includes acquisition, development, and operation of oil and natural gas properties. It holds an interest in properties such as Spraberry Trend, and Serbin Field, Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field, and Loving North Morrow Field, New Mexico and others. Geographically activities are conducted generally through the region of United States.
Executives
Daniel R Robinson director 190 COYOTE COURT, ARGYLE TX 76226

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