W&T Offshore Balance Sheet Health
Financial Health criteria checks 2/6
W&T Offshore has a total shareholder equity of $5.0M and total debt of $391.9M, which brings its debt-to-equity ratio to 7830.2%. Its total assets and total liabilities are $1.1B and $1.1B respectively. W&T Offshore's EBIT is $10.6M making its interest coverage ratio 0.3. It has cash and short-term investments of $123.4M.
Key information
7,830.2%
Debt to equity ratio
US$391.90m
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$123.38m |
| Equity | US$5.01m |
| Total liabilities | US$1.14b |
| Total assets | US$1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UWV's short term assets ($247.9M) exceed its short term liabilities ($234.4M).
Long Term Liabilities: UWV's short term assets ($247.9M) do not cover its long term liabilities ($909.2M).
Debt to Equity History and Analysis
Debt Level: UWV's net debt to equity ratio (5365.2%) is considered high.
Reducing Debt: UWV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if UWV has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if UWV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.