Santos (Santos) Debt-to-EBITDA : 1.63 (As of Dec. 2023)

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

What is Santos Debt-to-EBITDA?

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

Santos's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $835 Mil. Santos's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,324 Mil. Santos's annualized EBITDA for the quarter that ended in Dec. 2023 was $3,778 Mil. Santos's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.63.

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

SSLZY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.76 Med: 1.73 Max: 8.74
Current: 1.55

During the past 13 years, the highest Debt-to-EBITDA Ratio of Santos was 8.74. The lowest was -18.76. And the median was 1.73.

SSLZY's Debt-to-EBITDA is ranked better than
54.1% of 719 companies
in the Oil & Gas industry
Industry Median: 1.73 vs SSLZY: 1.55

Santos Debt-to-EBITDA Historical Data

The historical data trend for Santos'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.

Santos Debt-to-EBITDA Chart

Santos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

1.91

5.31

3.04

1.11

1.55

Santos 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															2.77	1.36	1.16	1.38	1.63

Competitive Comparison of Santos's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Santos'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.

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

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

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

Santos Debt-to-EBITDA Calculation

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

Santos'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
	=	(835	+	5324)	/	3968
	=	1.55

Santos'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
	=	(835	+	5324)	/	3778
	=	1.63

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.

Santos (OTCPK:SSLZY) 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.

Santos Debt-to-EBITDA Related Terms

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

Santos (Santos) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Santos Ltd (OTCPK:SSLZY) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

STOSF:USA STS1:Germany STO:Australia

Address

60 Flinders Street, Ground Floor Santos Centre, Adelaide, SA, AUS, 5000

Website

https://www.santos.com

Santos was founded in 1954. The company's name is an acronym for South Australia Northern Territory Oil Search. The first Cooper Basin gas discovery came in 1963, with initial supplies in 1969. Santos became a major enterprise, though over-reliance on the Cooper Basin, along with the Moomba field's inexorable decline, saw it struggle to maintain relevance in the first decade of the 21st century. However, the stage was set for a renaissance via conversion of coal seam gas into LNG in Queensland and conventional gas to LNG in PNG.

Santos (Santos) Headlines

From GuruFocus

3 Low Price-Book Stocks to Consider

By Alberto Abaterusso Alberto Abaterusso • 02-25-2020