Western Midstream Partners, LP (WES) Interest Coverage Ratio (2012 - 2018)
Western Midstream Partners (WES) posted quarterly Interest Coverage Ratio of 3.12 for Q4 2018, down 37.69% year-over-year from 5.01 in Q4 2017, and down 24.48% quarter-over-quarter from 4.13 in Q3 2018.
Western Midstream Partners, LP (WES) Interest Coverage Ratio (2012 - 2018) Analysis & Trends
Western Midstream Partners (WES) has reported Interest Coverage Ratio for 7 consecutive years, with 3.12 the latest figure, recorded in Q4 2018.
- In Q4 2018, Interest Coverage Ratio fell 37.69% year-over-year to 3.12; the TTM figure through Dec 2018 stood at 3.36 (down 30.99% YoY), while the FY2018 annual figure was 3.36, down 30.99% from the prior year.
- Interest Coverage Ratio eased to 3.12 in Q4 2018 per WES's latest filing, from 4.13 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 13.06 in Q2 2016 and bottomed at 5.36 in Q1 2015.
- Historically, Interest Coverage Ratio has averaged 4.6 across 5 years, with a median of 5.22 in 2016.
- Annual changes were most pronounced in 2015 — Interest Coverage Ratio tumbled 172.18% — and 2016, when it soared 244.64%.
- Western Midstream Partners' Interest Coverage Ratio stood at 5.81 in 2014, then slumped by 164.57% to 3.75 in 2015, then jumped by 244.64% to 5.42 in 2016, then decreased by 7.66% to 5.01 in 2017, then slumped by 37.69% to 3.12 in 2018.
- Business Quant data shows WES's Interest Coverage Ratio at 3.12 in Q4 2018, 4.13 in Q3 2018, and 1.66 in Q2 2018.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 3.12 |
| Sep 30, 2018 | 4.13 |
| Jun 30, 2018 | 1.66 |
| Mar 31, 2018 | 4.64 |
| Dec 31, 2017 | 5.01 |
| Sep 30, 2017 | 4.95 |
| Jun 30, 2017 | 5.70 |
| Mar 31, 2017 | 3.82 |
| Dec 31, 2016 | 5.42 |
| Sep 30, 2016 | 6.28 |
| Jun 30, 2016 | 13.06 |
| Mar 31, 2016 | 4.73 |
| Dec 31, 2015 | -3.75 |
| Sep 30, 2015 | 7.10 |
| Jun 30, 2015 | 6.16 |
| Mar 31, 2015 | -5.36 |
| Dec 31, 2014 | 5.81 |
| Sep 30, 2014 | 6.36 |
| Jun 30, 2014 | 5.79 |
| Mar 31, 2014 | 7.43 |