Diamondback Energy (FANG) Interest Coverage Ratio (2011 - 2016)
Diamondback Energy's (FANG) quarterly Interest Coverage Ratio came in at 2.76 in Q1 2016, down 2113.73% on a YoY basis from 0.14 in Q2 2015, and down 146.09% quarter-over-quarter from 5.98 in Q4 2015.
Analysis
Diamondback Energy (FANG) Interest Coverage Ratio (2011 - 2016) Analysis & Trends
Diamondback Energy (FANG) has reported Interest Coverage Ratio for 6 consecutive years, with 2.76 the latest figure, recorded in Q1 2016.
- For the quarter ending Q1 2016, Interest Coverage Ratio fell 2113.73% year-over-year to 2.76; the trailing twelve-month figure through Mar 2016 stood at 1589.48 (up 5076.89% YoY), and the FY2014 full-year result was 150.19, changed N/A from the prior year.
- Interest Coverage Ratio retreated to 2.76 in Q1 2016 per FANG's latest filing, from 5.98 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 36.23 in Q2 2013 and bottomed at 29.11 in Q2 2015.
- Historically, Interest Coverage Ratio has averaged 3.17 across 5 years, with a median of 5.11 in 2012.
- The sharpest annual moves came in 2013 and 2016: Interest Coverage Ratio jumped 886.71% in 2013, then tumbled 2113.73% in 2016.
- Over 5 years, Interest Coverage Ratio stood at 5.11 in 2012, then sank by 450.04% to 17.89 in 2013, then jumped by 90.66% to 1.67 in 2014, then soared by 457.8% to 5.98 in 2015, then slumped by 146.09% to 2.76 in 2016.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.76, 5.98, and 23.96 for Q1 2016, Q4 2015, and Q3 2015 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 57.03 |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 50.73 |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 52.66 |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 16.56 |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 15.37 |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 15.56 |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 9.94 |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 19.91 |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2016 | -2.76 |
| Dec 31, 2015 | 5.98 |
| Sep 30, 2015 | -23.96 |
| Jun 30, 2015 | -29.11 |
| Mar 31, 2015 | 0.14 |
| Dec 31, 2014 | -1.67 |
| Sep 30, 2014 | 6.45 |
| Jun 30, 2014 | 8.17 |
| Mar 31, 2014 | 7.39 |
| Dec 31, 2013 | -17.89 |
| Sep 30, 2013 | 27.02 |
| Jun 30, 2013 | 36.23 |
| 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 |