W&T Offshore (WTI) Interest Coverage Ratio (2010 - 2023)
W&T Offshore's (WTI) Interest Coverage Ratio stood at 0.18 in Q4 2023, down 95.2% from 3.86 a year earlier and down 89.4% from the prior quarter.
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Analysis
W&T Offshore (WTI) Interest Coverage Ratio (2010 - 2023) Analysis & Trends
For FY2023, W&T Offshore's Interest Coverage Ratio came in at 0.66, down 89.9% from FY2022.
- Across earlier years, Interest Coverage Ratio came in at 6.54 in FY2022 (+141.5%), 2.71 in FY2021, 0.01 in FY2020 (-99.3%) and 1.99 in FY2019 (-60.8%).
- Quarterly Interest Coverage Ratio has ranged from -1.90 in Q1 2019 to 8.93 in Q2 2022 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio has declined for four consecutive quarters, with growth averaging 37.3% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 339.7% in Q2 2022, against a decline of 99.9% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.74 (Q3 2023), 0.01 (Q2 2023) and 0.70 (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 33.72 |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | -56.60 |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 3.32 |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 57.03 |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | -123.23 |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 25.74 |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | - |
| 10 | W&T Offshore | 538.87 Mn | -8.09 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 0.18 |
| 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 | 3.49 |
| Sep 30, 2021 | 2.55 |
| Jun 30, 2021 | 2.03 |
| 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 |
API Access
W&T Offshore 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=WTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "WTI", "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=WTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();