Forum Energy Technologies (FET) Interest Coverage Ratio (2011 - 2018)

Forum Energy Technologies (FET) reported Interest Coverage Ratio of 0.83 for Q1 2018, up 73.53% on a YoY basis from 0.48 in Q1 2017, and up 77.13% quarter-over-quarter from 3.63 in Q4 2017.

Forum Energy Technologies (FET) Interest Coverage Ratio (2011 - 2018) Analysis & Trends

Forum Energy Technologies has reported Interest Coverage Ratio for 8 years, with the latest figure at 0.83 in Q1 2018.

  • For the quarter ending Q1 2018, Interest Coverage Ratio rose 73.53% year-over-year to 0.83; the trailing twelve-month figure through Dec 2018 stood at 49.09 (down 829.43% YoY), and the FY2017 full-year result was 5.28, down 12.27% from the prior year.
  • Interest Coverage Ratio for Q1 2018 stood at 0.83, up from 3.63 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 9.88 in Q3 2014, with the low at 25.98 in Q4 2015.
  • Historically, Interest Coverage Ratio has averaged 1.25 across 5 years, with a median of 2.19 in 2017.
  • Annual changes were most pronounced in 2015 — Interest Coverage Ratio plunged 367.55% — and 2016, when it soared 85.83%.
  • Forum Energy Technologies' Interest Coverage Ratio stood at 9.71 in 2014, then sank by 367.55% to 25.98 in 2015, then soared by 85.83% to 3.68 in 2016, then grew by 1.55% to 3.63 in 2017, then soared by 77.13% to 0.83 in 2018.
  • The last three Interest Coverage Ratio figures came in at 0.83 (Q1 2018), 3.63 (Q4 2017), and 2.19 (Q3 2017), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 38.03
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn -
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn -
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 21.16
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 2.14
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn -
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 5.10
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn -
10 Forum Energy Technologies 565.30 Mn 527.81 Mn 60.99 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2018 -0.83
Dec 31, 2017 -3.63
Sep 30, 2017 -2.19
Jun 30, 2017 -12.52
Mar 31, 2017 -3.13
Dec 31, 2016 -3.68
Sep 30, 2016 -3.89
Jun 30, 2016 -7.79
Mar 31, 2016 -3.51
Dec 31, 2015 -25.98
Sep 30, 2015 1.64
Jun 30, 2015 2.95
Mar 31, 2015 5.27
Dec 31, 2014 9.71
Sep 30, 2014 9.88
Jun 30, 2014 8.52
Mar 31, 2014 7.92
Dec 31, 2013 7.61
Sep 30, 2013 12.79
Jun 30, 2013 15.15