W&T Offshore, Inc. (WTI) quarterly balance sheet — complete assets, liabilities & equity history
W&T Offshore, Inc. (WTI) balance sheet — 26-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 314.36M | 262.79M | 249.36M | 239.27M | 229.25M | 237.94M | 221.93M | 218.46M | 226.41M | 247.93M | 207.72M | 264.98M | 248.73M | 254.57M | 266.93M | 570.26M | 610.57M | 547.74M | 429.87M | 358.26M |
| Cash & Short-Term Investments | 191.32M | 150.68M | 130.92M | 140.62M | 124.8M | 120.72M | 105.93M | 109M | 126.54M | 123.38M | 94.82M | 173.34M | 148.99M | 171.63M | 177.39M | 461.36M | 447.13M | 377.72M | 215.47M | 245.8M |
| Cash Only | 191.32M | 150.68M | 130.92M | 140.62M | 124.8M | 120.72M | 105.93M | 109M | 126.54M | 123.38M | 94.82M | 173.34M | 148.99M | 171.63M | 177.39M | 461.36M | 447.13M | 377.72M | 215.47M | 245.8M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 104.57M | 92.67M | 99.99M | 84.61M | 85.4M | 89.83M | 91.88M | 89.4M | 72.33M | 94.25M | 87.14M | 69.78M | 64.85M | 57.16M | 62.64M | 80.15M | 106.01M | 112.53M | 106.91M | 64.66M |
| Days Sales Outstanding | 54.3 | 53.91 | 55.37 | 64.25 | 63.21 | 67.57 | 62.81 | 61.82 | 63.13 | 57.81 | 50.71 | 46.79 | 39.41 | 43.2 | 48.78 | 45.14 | 37.72 | 36.47 | 40.42 | 32.23 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 18.48M | 0 | 8.97M | 395K | 11.59M | 17.77M | 14.5M | 9.91M | 16.84M | 19.46M | 15.79M | 12.5M | 14.96M | 15.01M | 15.73M | 16.14M | 41.29M | 37.9M | 107.48M | 32.02M |
| Total Non-Current Assets | 676.67M | 696.72M | 709.79M | 716.54M | 731.38M | 785.88M | 803.02M | 880.47M | 900.86M | 900.64M | 918.75M | 849.02M | 876.64M | 847.65M | 843.37M | 861.53M | 879.73M | 892.07M | 920.28M | 834.95M |
| Property, Plant & Equipment | 0 | 641.72M | 655.09M | 662.08M | 678.67M | 674.6M | 691.79M | 787.79M | 798.71M | 802.4M | 825.63M | 759.57M | 782.08M | 748.47M | 734.3M | 745.58M | 740.4M | 751.91M | 742.3M | 675.85M |
| Fixed Asset Turnover | - | 0.25x | 0.23x | 0.18x | 0.19x | 0.18x | 0.18x | 0.15x | 0.15x | 0.18x | 0.18x | 0.17x | 0.19x | 0.17x | 0.18x | 0.26x | 0.36x | 0.37x | 0.27x | 0.25x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 24.41M | 0 | 24.35M | 24.03M | 23.02M | 23.09M | 0 | 15.33M | 28.88M | 0 | 0 | 13.88M | 13.73M | 12.63M | 13.8M | 11.77M | 18.6M | 15.49M | 2.21M | 5.04M |
| Other Non-Current Assets | 652.16M | 54.92M | 30.29M | 30.39M | 29.68M | 31.56M | 56.9M | 28.55M | 26.36M | 55.88M | 55.09M | 36.8M | 38.2M | 40.85M | 42.38M | 46.89M | 58.4M | 49.19M | 72.54M | 51.55M |
| Total Assets | 991.03M | 959.51M | 959.15M | 955.81M | 960.63M | 1.02B | 1.02B | 1.1B | 1.13B | 1.15B | 1.13B | 1.11B | 1.13B | 1.1B | 1.11B | 1.43B | 1.49B | 1.44B | 1.35B | 1.19B |
| Asset Turnover | 0.17x | 0.17x | 0.16x | 0.13x | 0.13x | 0.12x | 0.12x | 0.11x | 0.11x | 0.13x | 0.13x | 0.12x | 0.13x | 0.11x | 0.10x | 0.13x | 0.18x | 0.20x | 0.15x | 0.14x |
| Asset Growth % | 3.16% | -6.28% | -6.42% | -13.02% | -14.78% | -10.86% | -9.01% | -1.35% | 0.17% | 4.21% | 1.46% | -22.19% | -24.49% | -23.45% | -17.76% | 20% | 19.86% | 26.41% | 42.17% | 26.86% |
| Total Current Liabilities | 239.97M | 224.4M | 250.64M | 234.28M | 208.47M | 200.58M | 187.93M | 246.08M | 231.55M | 234.4M | 191.96M | 216.85M | 215.67M | 209.23M | 182.35M | 792.33M | 380.77M | 383.53M | 426.47M | 324.38M |
| Accounts Payable | 95.41M | 88.75M | 90.64M | 98.41M | 89.44M | 87.16M | 77.98M | 83.63M | 86.87M | 89.13M | 75.97M | 78.86M | 80.41M | 67.29M | 75.98M | 65.16M | 72.05M | 81.03M | 69.19M | 67.41M |
| Days Payables Outstanding | 68.92 | 104.47 | 76.95 | 231.94 | 68.49 | 63.92 | 188.64 | 177.76 | 200.62 | 58.85 | 58.57 | 181.9 | 156.83 | 186.37 | 220.83 | 176.52 | 71.34 | 185.44 | 83.8 | 452.09 |
| Short-Term Debt | 2.28M | 8.16M | 8.31M | 8.46M | 8.6M | 579K | 566K | 27.29M | 20.97M | 14.93M | 6.99M | 29.37M | 30.02M | 30.55M | 30.8M | 582.25M | 35.45M | 37.2M | 39.88M | 42.96M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 59.06M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51.22M | 33.58M | 36.24M |
| Other Current Liabilities | 141.92M | 88.06M | 115.16M | 68.35M | 92.34M | 89.1M | 95.61M | 105.63M | 108.15M | 110.29M | 98.49M | 82.92M | 88.58M | 90.57M | 58.95M | 117.07M | 233.43M | 192.73M | 278.23M | 152.95M |
| Current Ratio | 1.31x | 1.17x | 0.99x | 1.02x | 1.10x | 1.19x | 1.18x | 0.89x | 0.98x | 1.06x | 1.08x | 1.22x | 1.15x | 1.22x | 1.46x | 0.72x | 1.60x | 1.43x | 1.01x | 1.10x |
| Quick Ratio | 1.31x | 1.17x | 0.99x | 1.02x | 1.10x | 1.19x | 1.18x | 0.89x | 0.98x | 1.06x | 1.08x | 1.22x | 1.15x | 1.22x | 1.46x | 0.72x | 1.60x | 1.43x | 1.01x | 1.10x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 940.99M | 931.32M | 930.26M | 921.28M | 924.64M | 925.96M | 919.81M | 905.42M | 927.23M | 909.17M | 913.76M | 865.96M | 879.72M | 868.2M | 893.12M | 631.82M | 1.16B | 1.18B | 1.17B | 1.12B |
| Long-Term Debt | 350.97M | 343.42M | 342.88M | 342.36M | 341.84M | 349.51M | 349.48M | 365.94M | 371.6M | 376.98M | 384.24M | 361.24M | 367.14M | 373.02M | 372.47M | 111.19M | 665.97M | 671.97M | 680.44M | 687.94M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.8M | 11.7M | 11.71M | 10.55M | 10.53M | 10.81M | 10.97M | 10.94M | 11.23M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51K | 72K | 72K | 72K | 72K | 113K | 113K | 113K | 113K |
| Other Non-Current Liabilities | 590.02M | 587.9M | 587.38M | 578.92M | 582.8M | 576.46M | 570.33M | 539.49M | 555.64M | 532.19M | 529.52M | 493.87M | 500.8M | 483.4M | 510.02M | 510.04M | 487.65M | 497.59M | 481.58M | 416.73M |
| Total Liabilities | 1.18B | 1.16B | 1.18B | 1.16B | 1.13B | 1.13B | 1.11B | 1.15B | 1.16B | 1.14B | 1.11B | 1.08B | 1.1B | 1.08B | 1.08B | 1.42B | 1.55B | 1.56B | 1.6B | 1.44B |
| Total Debt | 353.25M | 353.39M | 352.98M | 350.81M | 352.18M | 351.8M | 351.74M | 394.75M | 394.06M | 393.39M | 392.7M | 402.86M | 409.73M | 416.32M | 415.46M | 705.59M | 713.86M | 721.56M | 732.66M | 743.24M |
| Net Debt | 161.94M | 202.71M | 222.06M | 210.19M | 227.39M | 231.08M | 245.81M | 285.74M | 267.51M | 270.01M | 297.88M | 229.52M | 260.74M | 244.7M | 238.07M | 244.24M | 266.73M | 343.84M | 517.19M | 497.44M |
| Debt / Equity | - | - | - | - | - | - | - | - | - | 78.60x | 18.92x | 12.92x | 13.66x | 16.79x | 11.93x | 92.43x | - | - | - | - |
| Debt / EBITDA | 7.25x | 6.20x | 7.00x | 19.82x | 14.69x | 15.79x | 10.65x | 13.44x | 17.07x | 10.13x | 9.37x | 9.41x | 7.60x | 11.58x | 10.26x | 7.82x | 4.14x | 3.67x | 5.70x | 2.68x |
| Net Debt / EBITDA | 3.33x | 3.56x | 4.40x | 11.88x | 9.49x | 10.37x | 7.44x | 9.73x | 11.59x | 6.95x | 7.11x | 5.36x | 4.84x | 6.80x | 5.88x | 2.71x | 1.55x | 1.75x | 4.02x | 1.80x |
| Interest Coverage | 1.32x | 2.69x | -1.17x | -1.80x | -0.72x | -1.58x | -2.71x | -1.47x | -3.15x | -0.97x | -0.04x | 1.15x | 1.74x | 0.12x | 3.35x | 4.46x | 8.20x | 9.50x | 0.90x | 4.05x |
| Total Equity | -189.93M | -196.2M | -221.75M | -199.75M | -172.49M | -102.72M | -82.8M | -52.58M | -31.51M | 5M | 20.76M | 31.19M | 29.99M | 24.79M | 34.84M | 7.63M | -55.02M | -124.37M | -249.38M | -247.18M |
| Equity Growth % | -10.11% | -91% | -167.83% | -279.92% | -447.4% | -2152.37% | -498.82% | -268.56% | -205.08% | -79.81% | -40.41% | 308.59% | 154.5% | 119.93% | 113.97% | 103.09% | 81.47% | 52.13% | -19.56% | -18.67% |
| Book Value per Share | -1.25 | -1.24 | -1.49 | -1.34 | -1.16 | -0.69 | -0.56 | -0.36 | -0.21 | 0.03 | 0.14 | 0.21 | 0.20 | 0.17 | 0.23 | 0.05 | -0.38 | -0.86 | -1.74 | -1.71 |
| Total Shareholders' Equity | -189.93M | -196.2M | -221.75M | -199.75M | -172.49M | -102.72M | -82.8M | -52.58M | -31.51M | 5M | 20.76M | 31.19M | 29.99M | 24.79M | 34.84M | 7.63M | -55.02M | -124.37M | -249.38M | -247.18M |
| Common Stock | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 1K | 1K | 1K | 1K | 1K | 1K | 1K | 1K | 1K | 1K |
| Retained Earnings | -808.82M | -793.5M | -804.48M | -780.32M | -751.46M | -678.5M | -655.9M | -623.82M | -598.95M | -560.51M | -543.64M | -530.66M | -528.75M | -530.89M | -518.78M | -544.79M | -588.24M | -654.96M | -778.39M | -775.94M |
| Treasury Stock | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |