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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.

  • On a quarterly basis, Interest Coverage Ratio rose 100.79% to 0.18 in Q4 2023 year-over-year; TTM through Sep 2024 was 2.41, a 61.65% increase, with the full-year FY2023 number at 0.66, down 23.37% from a year prior.
  • Interest Coverage Ratio was 0.18 for Q4 2023 at W&T Offshore, down from 1.74 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 8.93 in Q2 2022 to a low of 23.29 in Q4 2022.
  • A 5-year average of 0.29 and a median of 1.38 in 2019 define the central range for Interest Coverage Ratio.
  • Peak YoY movement for Interest Coverage Ratio: tumbled 341.95% in 2021, then surged 339.74% in 2022.
  • W&T Offshore's Interest Coverage Ratio stood at 1.01 in 2019, then tumbled by 250.39% to 1.52 in 2020, then crashed by 341.95% to 6.73 in 2021, then tumbled by 245.95% to 23.29 in 2022, then soared by 100.79% to 0.18 in 2023.
  • Per Business Quant, the three most recent readings for WTI's Interest Coverage Ratio are 0.18 (Q4 2023), 1.74 (Q3 2023), and 0.01 (Q2 2023).