W&T Offshore Debt-to-Equity Ratio Growth & History (WTI)
W&T Offshore's debt-to-equity ratio was 12.92 for fiscal 2023.
View full W&T Offshore company overviewW&T Offshore annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 12.92 | −79.51 | −86.03% |
| 2022 | 2022-12-31 | 92.43 | — | — |
| 2014 | 2014-12-31 | 2.65 | 0.43 | +19.06% |
| 2013 | 2013-12-31 | 2.23 | 0.22 | +10.95% |
| 2012 | 2012-12-31 | 2.01 | 0.69 | +52.64% |
| 2011 | 2011-12-31 | 1.32 | 0.25 | +23.40% |
| 2010 | 2010-12-31 | 1.07 | — | — |
W&T Offshore quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2024 | 2024-06-30 | 78.60 | 61.81 | +368.04% |
| Q1 2024 | 2024-03-31 | 18.92 | 6.99 | +58.62% |
| Q4 2023 | 2023-12-31 | 12.92 | −79.51 | −86.03% |
| Q3 2023 | 2023-09-30 | 13.66 | — | — |
| Q2 2023 | 2023-06-30 | 16.79 | — | — |
| Q1 2023 | 2023-03-31 | 11.93 | — | — |
| Q4 2022 | 2022-12-31 | 92.43 | — | — |
| Q1 2015 | 2015-03-31 | 5.55 | 3.37 | +154.50% |
| Q4 2014 | 2014-12-31 | 2.65 | 0.43 | +19.06% |
| Q3 2014 | 2014-09-30 | 2.29 | 0.52 | +29.04% |
| Q2 2014 | 2014-06-30 | 2.21 | 0.32 | +17.14% |
| Q1 2014 | 2014-03-31 | 2.18 | 0.30 | +16.05% |
| Q4 2013 | 2013-12-31 | 2.23 | 0.22 | +10.95% |
| Q3 2013 | 2013-09-30 | 1.78 | 0.56 | +45.94% |
| Q2 2013 | 2013-06-30 | 1.89 | 0.75 | +65.30% |
| Q1 2013 | 2013-03-31 | 1.88 | — | — |
| Q4 2012 | 2012-12-31 | 2.01 | 0.69 | +52.64% |
| Q3 2012 | 2012-09-30 | 1.22 | −0.05 | −4.28% |
| Q2 2012 | 2012-06-30 | 1.14 | −0.31 | −21.60% |
| Q4 2011 | 2011-12-31 | 1.32 | 0.25 | +23.40% |
| Q3 2011 | 2011-09-30 | 1.27 | — | — |
| Q2 2011 | 2011-06-30 | 1.46 | — | — |
| Q4 2010 | 2010-12-31 | 1.07 | — | — |
W&T Offshore debt-to-equity ratio trends
Between the periods ended 2010-12-31 and 2023-12-31, W&T Offshore's debt-to-equity ratio increased from 1.07 to 12.92, a change of 11.85. The latest reported quarter, Q2 2024, shows 78.60.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review W&T Offshore source filings ↗