Diamondback Energy (FANG) Interest Coverage Ratio (2011 - 2016)
Diamondback Energy (FANG) recorded quarterly Interest Coverage Ratio of 2.76 in Q1 2016, down 2113.73% on a QoQ basis from 0.14 in Q1 2015, and down 2113.73% year-over-year from 0.14 in Q2 2015.
Diamondback Energy (FANG) Interest Coverage Ratio (2011 - 2016) Analysis & Trends
Diamondback Energy has disclosed Interest Coverage Ratio across 6 years of filings, most recently posting 2.76 for Q1 2016.
- Quarterly Interest Coverage Ratio fell 2113.73% year-over-year to 2.76 in Q1 2016, while the trailing twelve-month figure through Dec 2016 was 6.85 (up 90.28% YoY) and the FY2014 annual result came in at 150.19, changed N/A from the prior year.
- Interest Coverage Ratio retreated to 2.76 in Q1 2016, from 0.14 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 17.86 in Q1 2013 and troughed at 17.89 in Q4 2013.
- A 5-year average of 3.58 and a median of 5.11 in 2012 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2013 — Interest Coverage Ratio soared 133.55% — and 2016, when it slumped 2113.73%.
- Tracing FANG's Interest Coverage Ratio over 5 years: stood at 5.11 in 2012, then sank by 450.04% to 17.89 in 2013, then jumped by 136.06% to 6.45 in 2014, then sank by 97.88% to 0.14 in 2015, then sank by 2113.73% to 2.76 in 2016.
- Business Quant data shows FANG's Interest Coverage Ratio at 2.76 in Q1 2016, 0.14 in Q1 2015, and 6.45 in Q3 2014.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 36.37 |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 39.36 |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 8.69 |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 3.93 |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 21.04 |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 13.70 |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | -0.23 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2016 | -2.76 |
| Mar 31, 2015 | 0.14 |
| Sep 30, 2014 | 6.45 |
| Jun 30, 2014 | 8.17 |
| Mar 31, 2014 | 7.39 |
| Dec 31, 2013 | -17.89 |
| Mar 31, 2013 | 17.86 |
| Dec 31, 2012 | 5.11 |
| Sep 30, 2012 | 3.62 |
| Jun 30, 2012 | 3.67 |
| Mar 31, 2012 | 7.65 |
| Dec 31, 2011 | 6.77 |
| Sep 30, 2011 | 4.08 |