W&T Offshore (WTI) Interest Coverage Ratio (2010 - 2023)
W&T Offshore (WTI) reported Interest Coverage Ratio of 2.11 for Q4 2023, down 154.86% year-over-year from 3.86 in Q4 2022, and down 221.45% quarter-over-quarter from 1.74 in Q3 2023.
W&T Offshore (WTI) Interest Coverage Ratio (2010 - 2023) Analysis & Trends
W&T Offshore (WTI) has 14 years of Interest Coverage Ratio data on file, last reported at 2.11 in Q4 2023.
- Interest Coverage Ratio for Q4 2023 came in at 2.11, down 154.86% year-over-year; the trailing twelve-month figure through Sep 2024 was 4.71 (down 378.19% YoY), and the FY2023 annual result was 0.16, down 97.56% from the prior year.
- Interest Coverage Ratio declined to 2.11 in Q4 2023 per WTI's latest filing, from 1.74 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 17.87 in Q2 2021 and troughed at 13.47 in Q4 2021.
- A 5-year average of 2.35 and a median of 2.1 in 2023 frame the typical range for Interest Coverage Ratio.
- On a YoY basis, Interest Coverage Ratio climbed as much as 1044.14% in 2021 and fell as far as 59547.55% in 2021.
- A 5-year view of Interest Coverage Ratio shows it stood at 1.01 in 2019, then slumped by 97.76% to 0.02 in 2020, then tumbled by 59547.55% to 13.47 in 2021, then soared by 128.62% to 3.86 in 2022, then tumbled by 154.86% to 2.11 in 2023.
- Business Quant data shows WTI's Interest Coverage Ratio at 2.11 in Q4 2023, 1.74 in Q3 2023, and 0.01 in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 36.37 |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 39.36 |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 8.69 |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 3.93 |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 21.04 |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 13.70 |
| 10 | W&T Offshore | 569.82 Mn | 437.59 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -2.11 |
| Sep 30, 2023 | 1.74 |
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.70 |
| Dec 31, 2022 | 3.86 |
| Sep 30, 2022 | 8.20 |
| Jun 30, 2022 | 8.93 |
| Mar 31, 2022 | 4.91 |
| Dec 31, 2021 | -13.47 |
| Sep 30, 2021 | 8.12 |
| Jun 30, 2021 | 17.87 |
| Mar 31, 2021 | 2.64 |
| Dec 31, 2020 | 0.02 |
| Sep 30, 2020 | -1.38 |
| Jun 30, 2020 | -1.89 |
| Mar 31, 2020 | 4.20 |
| Dec 31, 2019 | 1.01 |
| Sep 30, 2019 | 2.45 |
| Jun 30, 2019 | 3.06 |
| Mar 31, 2019 | -1.90 |