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Etablissements Maurel & Prom (XPAR:MAU) Debt-to-EBITDA : 0.74 (As of Dec. 2023)


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What is Etablissements Maurel & Prom Debt-to-EBITDA?

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

Etablissements Maurel & Prom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €58.7 Mil. Etablissements Maurel & Prom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €149.3 Mil. Etablissements Maurel & Prom's annualized EBITDA for the quarter that ended in Dec. 2023 was €280.1 Mil. Etablissements Maurel & Prom's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.74.

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 Etablissements Maurel & Prom's Debt-to-EBITDA or its related term are showing as below:

XPAR:MAU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.7   Med: 2.88   Max: 9.67
Current: 0.7

During the past 13 years, the highest Debt-to-EBITDA Ratio of Etablissements Maurel & Prom was 9.67. The lowest was 0.70. And the median was 2.88.

XPAR:MAU's Debt-to-EBITDA is ranked better than
75.87% of 721 companies
in the Oil & Gas industry
Industry Median: 1.76 vs XPAR:MAU: 0.70

Etablissements Maurel & Prom Debt-to-EBITDA Historical Data

The historical data trend for Etablissements Maurel & Prom'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.

Etablissements Maurel & Prom Debt-to-EBITDA Chart

Etablissements Maurel & Prom Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.86 9.67 2.05 0.80 0.71

Etablissements Maurel & Prom Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.77 0.89 0.98 0.96 0.74

Competitive Comparison of Etablissements Maurel & Prom's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Etablissements Maurel & Prom'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.


Etablissements Maurel & Prom's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Etablissements Maurel & Prom's Debt-to-EBITDA falls into.



Etablissements Maurel & Prom Debt-to-EBITDA Calculation

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

Etablissements Maurel & Prom'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
=(58.666 + 149.301) / 295.148
=0.70

Etablissements Maurel & Prom'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
=(58.666 + 149.301) / 280.052
=0.74

* 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 (Dec. 2023) EBITDA data.


Etablissements Maurel & Prom  (XPAR:MAU) 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.


Etablissements Maurel & Prom Debt-to-EBITDA Related Terms

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


Etablissements Maurel & Prom (XPAR:MAU) Business Description

Traded in Other Exchanges
Address
51, rue d'Anjou, Paris, FRA, 75008
Etablissements Maurel & Prom is a part of the oil & gas industry in France. It specializes in the extraction and production of hydrocarbons. Its activities are split into three segments, namely Exploration, Production, and Drilling. The production of hydrocarbons being its primary activity generates the bulk of the company's revenues. The Production segment focuses on the production of hydrocarbons in Gabon (oil) and Tanzania. The Drilling segment is known for its ownership of a fleet of drilling rigs. The company's revenue is generated through its activities in Africa.

Etablissements Maurel & Prom (XPAR:MAU) Headlines

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