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QEP Midstream Partners LP (FRA:1QM) Debt-to-EBITDA : 1.59 (As of Mar. 2015)


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What is QEP Midstream Partners LP Debt-to-EBITDA?

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

QEP Midstream Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2015 was €0.0 Mil. QEP Midstream Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2015 was €182.0 Mil. QEP Midstream Partners LP's annualized EBITDA for the quarter that ended in Mar. 2015 was €114.6 Mil. QEP Midstream Partners LP's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2015 was 1.59.

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

FRA:1QM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.97
Current: 1.97

During the past 4 years, the highest Debt-to-EBITDA Ratio of QEP Midstream Partners LP was 1.97. The lowest was 0.00. And the median was 0.00.

FRA:1QM's Debt-to-EBITDA is not ranked
in the Oil & Gas industry.
Industry Median: 1.76 vs FRA:1QM: 1.97

QEP Midstream Partners LP Debt-to-EBITDA Historical Data

The historical data trend for QEP Midstream Partners 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.

QEP Midstream Partners LP Debt-to-EBITDA Chart

QEP Midstream Partners LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Debt-to-EBITDA
- 1.10 - 2.34

QEP Midstream Partners LP Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 - - 2.38 2.09 1.59

Competitive Comparison of QEP Midstream Partners LP's Debt-to-EBITDA

For the Oil & Gas Midstream subindustry, QEP Midstream Partners 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.


QEP Midstream Partners LP's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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



QEP Midstream Partners LP Debt-to-EBITDA Calculation

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

QEP Midstream Partners LP'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
=(0 + 170.31) / 72.747
=2.34

QEP Midstream Partners LP's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 182.028) / 114.576
=1.59

* 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. 2015) EBITDA data.


QEP Midstream Partners LP  (FRA:1QM) 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.


QEP Midstream Partners LP Debt-to-EBITDA Related Terms

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


QEP Midstream Partners LP (FRA:1QM) Business Description

Traded in Other Exchanges
N/A
Address
QEP Midstream Partners LP provides gathering, compression and transportation services to producers and users of natural gas and crude oil. Its assets consist of ownership interests in four gathering systems and two FERC-regulated pipelines. Its assets are located in the Green River Basin located in Wyoming and Colorado, the Uinta Basin located in eastern Utah, and the portion of the Williston Basin located in North Dakota. The company derives revenues from the fee-based agreements.

QEP Midstream Partners LP (FRA:1QM) Headlines

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