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W and t Offshore inc   (WTI)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy

W And T Offshore Inc 's Quick Ratio

WTI's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


W And T Offshore Inc 's Cash & cash equivalent grew by 15.87 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in W And T Offshore Inc 's Quick Ratio to 0.82, above W and t Offshore inc average Quick Ratio.

Within Oil And Gas Production industry 12 other companies have achieved higher Quick Ratio than W And T Offshore Inc in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 807, from total ranking in the third quarter 2023 at 1757.

Explain Quick Ratio?
How much Cash & cash equivalents WTI´s has?
What are WTI´s Current Liabilities?


WTI Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -72.63 % -43.36 % -45.45 % -57.24 % 144.26 %
Y / Y Cash & cash equivalent Change -61.84 % -66.03 % -53.93 % -17.32 % 86.15 %
Quick Ratio MRQ 0.82 0.71 0.84 1 0.59
WTI's Total Ranking # 807 # 1757 # 1183 # 1788 # 1698
Seq. Current Liabilities Change 0.55 % 3.08 % 14.74 % -76.99 % 108.09 %
Seq. Cash & cash equivalent Change 15.87 % -12.86 % -3.17 % -60.97 % 3.15 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Oil And Gas Production Industry # 13
Energy Sector # 20
Overall Market # 807


Quick Ratio Statistics
High Average Low
1.19 0.4 0.02
(Sep 30 2022)  




Financial Statements
W And T Offshore Inc 's Current Liabilities $ 217 Millions Visit WTI's Balance sheet
W And T Offshore Inc 's Cash & cash equivalent $ 178 Millions Visit WTI's Balance sheet
Source of WTI's Sales Visit WTI's Sales by Geography


Cumulative W And T Offshore Inc 's Quick Ratio

WTI's Quick Ratio for the trailling 12 Months

WTI Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -72.63 % -43.36 % -45.45 % -57.24 % 144.26 %
Y / Y Cash & cash equivalent TTM Growth -61.84 % -66.03 % -53.93 % -17.32 % 86.15 %
Quick Ratio TTM 0.84 0.7 0.81 0.85 0.77
Total Ranking TTM # 1708 # 3756 # 1616 # 1345 # 1636
Seq. Current Liabilities TTM Growth 0.55 % 3.08 % 14.74 % -76.99 % 108.09 %
Seq. Cash & cash equivalent TTM Growth 15.87 % -12.86 % -3.17 % -60.97 % 3.15 %


On the trailing twelve months basis Current Liabilities decreased faster than W And T Offshore Inc 's average Cash & cash equivalent, this led to increase in in W And T Offshore Inc 's Quick Ratio to 0.84, above WTI average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Oil And Gas Production industry 52 other companies have achieved higher Quick Ratio than W And T Offshore Inc . While Quick Ratio overall ranking has improved so far to 1708, from total ranking during the twelve months ending third quarter 2023 at 3756.

Explain Quick Ratio?
How much Cash & cash equivalents WTI´s has?
What are WTI´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Oil And Gas Production Industry # 53
Energy Sector # 86
Within the Market # 1708


trailing twelve months Quick Ratio Statistics
High Average Low
0.86 0.46 0.05
(Sep 30 2022)   (Sep. 30, 2015)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Oil And Gas Production Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Altex Industries Inc  1.89 $ 2.219  Millions$ 1.175  Millions
Rpc inc   1.47 $ 223.310  Millions$ 151.857  Millions
Eog Resources Inc   1.41 $ 5,278.000  Millions$ 3,749.000  Millions
Magnolia Oil and Gas Corp  1.27 $ 401.121  Millions$ 314.887  Millions
Pedevco Corp   0.98 $ 18.515  Millions$ 18.899  Millions
Sm Energy Co  0.97 $ 616.164  Millions$ 633.812  Millions
Vaalco Energy Inc  0.95 $ 121.115  Millions$ 127.475  Millions
Helix Energy Solutions Group inc   0.86 $ 332.191  Millions$ 385.956  Millions
Chesapeake Energy Corporation  0.82 $ 1,079.000  Millions$ 1,314.000  Millions
W and t Offshore inc   0.82 $ 177.755  Millions$ 216.852  Millions
Oceaneering International Inc  0.81 $ 461.566  Millions$ 567.845  Millions
California Resources Corp  0.81 $ 496.000  Millions$ 616.000  Millions
Viper Energy Inc   0.78 $ 25.869  Millions$ 33.256  Millions
Klx Energy Services Holdings Inc   0.69 $ 112.500  Millions$ 164.100  Millions
Civitas Resources inc   0.61 $ 1,124.797  Millions$ 1,851.887  Millions
Evolution Petroleum Corp  0.58 $ 8.460  Millions$ 14.527  Millions
Coterra Energy Inc   0.58 $ 956.000  Millions$ 1,660.000  Millions
Ncs Multistage Holdings Inc   0.52 $ 16.720  Millions$ 32.058  Millions
Barnwell Industries inc   0.49 $ 3.223  Millions$ 6.645  Millions
Tetra Technologies Inc   0.45 $ 52.485  Millions$ 116.861  Millions
Nine Energy Service Inc   0.43 $ 30.840  Millions$ 72.409  Millions
Tellurian Inc   0.42 $ 75.789  Millions$ 179.198  Millions
Shell Plc  0.41 $ 39,081.000  Millions$ 95,467.000  Millions
Halliburton Company  0.40 $ 2,264.000  Millions$ 5,608.000  Millions
Murphy Oil Corporation  0.37 $ 317.074  Millions$ 846.545  Millions
Cenovus Energy Inc   0.37 $ 2,024.538  Millions$ 5,444.728  Millions
Par Pacific Holdings Inc   0.33 $ 279.107  Millions$ 857.406  Millions
Expro Group Holdings N v   0.31 $ 151.741  Millions$ 488.851  Millions
Amplify Energy Corp   0.28 $ 20.746  Millions$ 74.487  Millions
Diamondback Energy Inc   0.28 $ 585.000  Millions$ 2,108.000  Millions

Date modified: 2024-03-08T05:43:54+00:00



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