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W&T Offshore WTI Interest coverage

Interest coverage at other companies

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ChevronCVX
17.2×-30.1×
Murphy Oil logo
Murphy OilMUR
2.9×-2.5×
Talos Energy logo
Talos EnergyTALO
-4.5×-5.3×
SandRidge Energy logo
SandRidge EnergySD
17.9×+13.2×
SOC
Sable Offshore Corp.SOC
-4.6×+0.8×
Vitesse Energy logo
Vitesse EnergyVTS
2.7×-0.4×

Other financials

Income statement

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Revenue$150.0M+15.5%
Operating income$14.6M+278%
Net income-$22.5M+26.3%
EPS (diluted)-$0.15+28.6%

Balance sheet

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Cash & equivalents$130.9M+23.6%
Total debt$353.0M+0.4%
Total equity-$221.8M-168%
Total assets$959.2M-6.4%

Cash flow

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Operating cash flow$2.6M+180%

Valuation

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Market cap$474.6M+49.5%
Enterprise value$696.66M+23.7%
P/S0.9×+0.3×

Profitability

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Operating margin-5.7%-1.7pp
Net margin-27.2%+12.7pp

Returns & leverage

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Return on equity-165.9%
Debt / equity78.6×+62.3×
Current ratio-0.2×

Where this comes from

Calculated from W&T Offshore’s reported figures.

Based on trailing twelve months.

The official record: W&T Offshore’s 10-Q, filed May 10, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is W&T Offshore's interest coverage?
W&T Offshore (WTI) reported interest coverage of 1× in Q1 2024.
How has W&T Offshore's interest coverage changed year-over-year?
W&T Offshore's interest coverage decreased by 83.2% year-over-year, from 5.7× to 1×.
What is the long-term trend for W&T Offshore's interest coverage?
Over 2 years (2021 to 2023), W&T Offshore's interest coverage has grown at a -50.6% compound annual growth rate (CAGR), from 2.7× to 0.7×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.