KPIs & Operating Metrics(New)
Growth Metrics

W&T Offshore (WTI) Interest Coverage Ratio (2016 - 2023)

W&T Offshore (WTI) has disclosed Interest Coverage Ratio for 14 consecutive years, with 0.18 as the latest value for Q4 2023.

  • Quarterly Interest Coverage Ratio rose 100.79% to 0.18 in Q4 2023 from the year-ago period, while the trailing twelve-month figure was 2.41 through Sep 2024, up 61.65% year-over-year, with the annual reading at 0.66 for FY2023, 23.37% down from the prior year.
  • Interest Coverage Ratio for Q4 2023 was 0.18 at W&T Offshore, down from 1.74 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 17.87 in Q2 2021, with the low at 23.29 in Q4 2022.
  • Average Interest Coverage Ratio over 5 years is 0.83, with a median of 1.38 recorded in 2019.
  • Peak annual rise in Interest Coverage Ratio hit 1044.14% in 2021, while the deepest fall reached 59547.55% in 2021.
  • Over 5 years, Interest Coverage Ratio stood at 1.01 in 2019, then tumbled by 97.76% to 0.02 in 2020, then plummeted by 59547.55% to 13.47 in 2021, then plummeted by 72.88% to 23.29 in 2022, then surged by 100.79% to 0.18 in 2023.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods came in at 0.18, 1.74, and 0.01 for Q4 2023, Q3 2023, and Q2 2023 respectively.