Western Midstream Partners, LP (WES) Interest Coverage Ratio (2012 - 2018)
Western Midstream Partners' Interest Coverage Ratio was 3.12 in Q4 2018, down 37.7% from 5.01 a year earlier and down 24.5% from the prior quarter.
Western Midstream Partners, LP (WES) Interest Coverage Ratio (2012 - 2018) Analysis & Trends
For FY2018, Interest Coverage Ratio at Western Midstream Partners came in at 3.36, down 31.0% from FY2017.
- In earlier years, Interest Coverage Ratio was 4.87 in FY2017 (-19.4%), 6.04 in FY2016 (+346.2%), 1.35 in FY2015 (-81.2%) and 7.18 in FY2014 (+15.0%).
- Quarterly Interest Coverage Ratio has moved between -5.36 (Q1 2015) and 13.06 (Q2 2016) over five years.
- Compared with a year earlier, Interest Coverage Ratio has declined for three straight quarters, with an average decline of 23.8% over the last eight quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q2 2016 (growth of 112.1%); the worst was Q2 2018 (a decline of 71.0%).
- Per Business Quant data, WES's Interest Coverage Ratio in the three quarters before Q4 2018 was 4.13 (Q3 2018), 1.66 (Q2 2018) and 4.64 (Q1 2018).
Peer Comparison
Historic 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 | 4.54 |
| 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 | 9.17 |
| Sep 30, 2014 | 6.36 |
| Jun 30, 2014 | 5.79 |
| Mar 31, 2014 | 7.51 |
Western Midstream Partners, LP Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=WES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "WES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();