GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paradigm Oil & Gas Inc (OTCPK:PDGO) » Definitions » Debt-to-EBITDA

Paradigm Oil & Gas (Paradigm Oil & Gas) Debt-to-EBITDA : -0.27 (As of Sep. 2011)


View and export this data going back to . Start your Free Trial

What is Paradigm Oil & Gas Debt-to-EBITDA?

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

Paradigm Oil & Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2011 was $0.14 Mil. Paradigm Oil & Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2011 was $0.00 Mil. Paradigm Oil & Gas's annualized EBITDA for the quarter that ended in Sep. 2011 was $-0.53 Mil. Paradigm Oil & Gas's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2011 was -0.27.

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

PDGO's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.76
* Ranked among companies with meaningful Debt-to-EBITDA only.

Paradigm Oil & Gas Debt-to-EBITDA Historical Data

The historical data trend for Paradigm Oil & Gas'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.

Paradigm Oil & Gas Debt-to-EBITDA Chart

Paradigm Oil & Gas Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Debt-to-EBITDA
Get a 7-Day Free Trial -0.26 -0.72 -0.41 -31.86 -0.55

Paradigm Oil & Gas Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 -0.75 -0.71 -0.79 -0.27

Competitive Comparison of Paradigm Oil & Gas's Debt-to-EBITDA

For the Oil & Gas Drilling subindustry, Paradigm Oil & Gas'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.


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

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

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



Paradigm Oil & Gas Debt-to-EBITDA Calculation

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

Paradigm Oil & Gas's Debt-to-EBITDA for the fiscal year that ended in Dec. 2010 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.24 + 0) / -0.439
=-0.55

Paradigm Oil & Gas's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2011 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.14 + 0) / -0.528
=-0.27

* 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 (Sep. 2011) EBITDA data.


Paradigm Oil & Gas  (OTCPK:PDGO) 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.


Paradigm Oil & Gas Debt-to-EBITDA Related Terms

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


Paradigm Oil & Gas (Paradigm Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
447 Broadway, 2nd Floor, Unit 103, New York, NY, USA, 10013
Paradigm Oil & Gas Inc is engaged in the exploration, development, acquisition and operation of oil and gas properties.

Paradigm Oil & Gas (Paradigm Oil & Gas) Headlines

No Headlines