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Sabine Royalty Trust (Sabine Royalty Trust) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Sabine Royalty Trust Debt-to-EBITDA?

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

Sabine Royalty Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Sabine Royalty Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Sabine Royalty Trust's annualized EBITDA for the quarter that ended in Dec. 2023 was $133.10 Mil. Sabine Royalty Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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 Sabine Royalty Trust's Debt-to-EBITDA or its related term are showing as below:

SBR's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.73
* Ranked among companies with meaningful Debt-to-EBITDA only.

Sabine Royalty Trust Debt-to-EBITDA Historical Data

The historical data trend for Sabine Royalty Trust'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.

Sabine Royalty Trust Debt-to-EBITDA Chart

Sabine Royalty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Sabine Royalty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Sabine Royalty Trust's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Sabine Royalty Trust'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.


Sabine Royalty Trust's Debt-to-EBITDA Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Sabine Royalty Trust's Debt-to-EBITDA falls into.



Sabine Royalty Trust Debt-to-EBITDA Calculation

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

Sabine Royalty Trust'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
=(0 + 0) / 89.448
=0.00

Sabine Royalty Trust'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
=(0 + 0) / 133.104
=0.00

* 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 (Dec. 2023) EBITDA data.


Sabine Royalty Trust  (NYSE:SBR) 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.


Sabine Royalty Trust Debt-to-EBITDA Related Terms

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


Sabine Royalty Trust (Sabine Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
2911 Turtle Creek Boulevard, Simmons Bank, Suite 850, Dallas, TX, USA, 75219
Sabine Royalty Trust is an express trust which is formed to receive Sabine Corporation's royalty and mineral interests, including landowner's royalties, overriding royalty interests, minerals production payments and any other similar, non-participatory interest, in certain Royalty Properties. The trusts producing and proved undeveloped oil and gas royalty properties are located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.