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
W&T Offshore (NYSE:WTI) Seems To Be Using A Lot Of Debt
Oct 03
These 4 Measures Indicate That W&T Offshore (NYSE:WTI) Is Using Debt Extensively
Apr 03Is W&T Offshore (NYSE:WTI) A Risky Investment?
Sep 02W&T Offshore (NYSE:WTI) Has A Pretty Healthy Balance Sheet
May 31Recent updates
W&T Offshore (NYSE:WTI) Seems To Be Using A Lot Of Debt
Oct 03W&T Offshore: The $1 Handle Is A Good Entry Zone But Capital Outflow Risks Remain
Jun 17These 4 Measures Indicate That W&T Offshore (NYSE:WTI) Is Using Debt Extensively
Apr 03W&T Offshore's (NYSE:WTI) Problems Go Beyond Weak Profit
Mar 13W&T Offshore: Holy Grail Delayed Further, No Immediate Catalyst In Site
Mar 11Little Excitement Around W&T Offshore, Inc.'s (NYSE:WTI) Revenues
Feb 05W&T Offshore, Inc. (NYSE:WTI) Shares Could Be 31% Above Their Intrinsic Value Estimate
Jan 10W&T Offshore: Charting A Course Through Oil's Choppy Seas
Jan 05W&T Offshore: A Q3 Beat Could Be A Catalyst For This Undervalued Stock
Oct 19W&T Offshore, Inc. (NYSE:WTI) Shares Could Be 30% Below Their Intrinsic Value Estimate
Sep 29W&T Offshore: This One Missed The Rally
Sep 12Is W&T Offshore (NYSE:WTI) A Risky Investment?
Sep 02Need To Know: The Consensus Just Cut Its W&T Offshore, Inc. (NYSE:WTI) Estimates For 2023
Jul 27W&T Offshore Is Near Long-Term Support And Offers An Option On Both Oil And Natural Gas
Jul 03W&T Offshore (NYSE:WTI) Has A Pretty Healthy Balance Sheet
May 31Analysts Just Slashed Their W&T Offshore, Inc. (NYSE:WTI) EPS Numbers
Apr 30A Look At The Intrinsic Value Of W&T Offshore, Inc. (NYSE:WTI)
Mar 10W&T Offshore: Misunderstood And Undervalued
Jan 26W&T Offshore stock rises on senior notes offering
Jan 09W&T Offshore: Even The Bonds Are Undervalued - Buy
Dec 23W&T Offshore: A Solid Buy For Energy Exposure
Dec 09W&T Offshore Non-GAAP EPS of $0.33 beats by $0.05, revenue of $266.48M beats by $36.29M
Nov 09W&T Offshore: A Coiled Spring Ready To Jump Higher
Oct 26Financial Position Analysis
Short Term Liabilities: WTI's short term assets ($247.9M) exceed its short term liabilities ($234.4M).
Long Term Liabilities: WTI's short term assets ($247.9M) do not cover its long term liabilities ($909.2M).
Debt to Equity History and Analysis
Debt Level: WTI's net debt to equity ratio (5365.2%) is considered high.
Reducing Debt: WTI 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 WTI has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if WTI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.