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Rockhopper Exploration (LSE:RKH) Debt-to-EBITDA : -0.10 (As of Jun. 2023)


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What is Rockhopper Exploration Debt-to-EBITDA?

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

Rockhopper Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.17 Mil. Rockhopper Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.11 Mil. Rockhopper Exploration's annualized EBITDA for the quarter that ended in Jun. 2023 was £-2.91 Mil. Rockhopper Exploration's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -0.10.

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 Rockhopper Exploration's Debt-to-EBITDA or its related term are showing as below:

LSE:RKH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.33   Med: -0.07   Max: 0.99
Current: -0.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of Rockhopper Exploration was 0.99. The lowest was -0.33. And the median was -0.07.

LSE:RKH's Debt-to-EBITDA is ranked worse than
100% of 720 companies
in the Oil & Gas industry
Industry Median: 1.76 vs LSE:RKH: -0.13

Rockhopper Exploration Debt-to-EBITDA Historical Data

The historical data trend for Rockhopper Exploration'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.

Rockhopper Exploration Debt-to-EBITDA Chart

Rockhopper Exploration Annual Data
Trend Mar13 Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.14 -0.01 -0.33 0.99

Rockhopper Exploration Semi-Annual Data
Sep13 Mar14 Sep14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -0.27 -0.74 0.29 -0.34 -0.10

Competitive Comparison of Rockhopper Exploration's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Rockhopper Exploration'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.


Rockhopper Exploration's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

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



Rockhopper Exploration Debt-to-EBITDA Calculation

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

Rockhopper Exploration's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.172 + 0.282) / 0.461
=0.98

Rockhopper Exploration's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.174 + 0.109) / -2.91
=-0.10

* 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 two times the quarterly (Jun. 2023) EBITDA data.


Rockhopper Exploration  (LSE:RKH) 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.


Rockhopper Exploration Debt-to-EBITDA Related Terms

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


Rockhopper Exploration (LSE:RKH) Business Description

Traded in Other Exchanges
Address
123 Castle Street, Warner House, Wiltshire, Salisbury, GBR, SP1 3TB
Rockhopper Exploration PLC is an oil and gas exploration and production company operating in the United Kingdom. The principal activity of the company is the exploration and exploitation of its oil and gas acreage. The company's operations are made up of three segments, the Oil and gas exploration activities in the geographical regions of the Falkland Islands and the Greater Mediterranean Region and Corporate activities centred in the UK.

Rockhopper Exploration (LSE:RKH) Headlines

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