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Wec Energy Group Inc   (WEC)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities

Cumulative Wec Energy Group Inc 's Interest Coverage ratios

WEC's Interest expense and Ebitda growth



WEC Interest Coverage (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 Interest expense Change 28.83 % 43.14 % 49.17 % 46.43 % 32.22 %
Y / Y Ebitda Change 1.62 % 12.25 % 10.72 % -2.88 % 17.85 %
Interest Coverage (TTM) 4.85 5.14 5.44 5.86 6.54
Total Ranking # 866 # 704 # 1129 # 1129 # 1120
Seq. Interest expense Change 6.03 % 2.13 % 3.77 % 14.65 % 17.8 %
Seq. Ebitda Change -13.73 % 5.74 % -21.55 % 42.01 % -4.71 %




Interest Coverage in the fourth quarter 2023 Comment
Wec Energy Group Inc 's interest coverage ratio sequentially decreased to 4.85 a new company low. Due to decrease of ebitda in the Q4 2023 by -13.73%.

Within Utilities sector 33 other companies have achieved higher interest coverage ratio during the Q4 2023. While interest coverage ratio total ranking has deteriorated in the fourth quarter 2023 compare to the third quarter 2023 from 704 to 866.

What is Interest Coverage Ratio?
Source of Wec Energy Group Inc sales

Interest Coverage Company Ranking
Within: No.
Industry # 16
Sector # 34
S&P 500 # 866


Interest Coverage Statistics
High Average Low
9.31
6.36
4.85
(Sep. 30, 2009)   (Dec 31 2023)





Financial Statements
Wec Energy Group Inc 's Interest expense $ 194 Millions Visit WEC's Income Statement
Wec Energy Group Inc 's Ebitda $ 758 Millions Visit WEC's Income Statement
Where are WEC's Sales coming from? Visit WEC's Sales by Geography




Companies with similar Average Interest Coverage ratios for 12 months ending Dec 31 2023, within Utilities Sector Interest Coverage Ratio EBITDA 12 months ending Dec 31 2023Interest net 12 months ending Dec 31 2023
Williams Companies Inc   4.24 $ 5,240.000  Millions$ 1,236.000  Millions
Enlink Midstream Llc  2.96 $ 804.600  Millions$ 271.700  Millions
Nustar Energy L p   2.42 $ 583.522  Millions$ 241.364  Millions
Antero Midstream Corporation  2.21 $ 495.540  Millions$ 224.227  Millions
Kinder Morgan Inc   2.04 $ 3,670.000  Millions$ 1,797.000  Millions
Kinetik Holdings Inc   1.14 $ 234.870  Millions$ 205.854  Millions

Date modified: 2024-02-22T21:15:38+00:00



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