Southwestern Energy Co (Southwestern Energy Co) Interest Coverage : 5.00 (As of Dec. 2023)

View and export this data going back to 1981. Start your Free Trial

What is Southwestern Energy Co Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Southwestern Energy Co's Operating Income for the three months ended in Dec. 2023 was $180 Mil. Southwestern Energy Co's Interest Expense for the three months ended in Dec. 2023 was $-36 Mil. Southwestern Energy Co's interest coverage for the quarter that ended in Dec. 2023 was 5.00. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Southwestern Energy Co's Interest Coverage or its related term are showing as below:

SWN' s Interest Coverage Range Over the Past 10 Years
Min: 0.19 Med: 5.75 Max: 40.11
Current: 5.18

SWN's Interest Coverage is ranked worse than
57.56% of 761 companies
in the Oil & Gas industry
Industry Median: 6.72 vs SWN: 5.18

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Southwestern Energy Co Interest Coverage Historical Data

The historical data trend for Southwestern Energy Co's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Southwestern Energy Co Interest Coverage Chart

Southwestern Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

5.25

0.19

20.03

40.11

5.18

Southwestern Energy Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															33.56	16.83	-	0.19	5.00

Competitive Comparison of Southwestern Energy Co's Interest Coverage

For the Oil & Gas E&P subindustry, Southwestern Energy Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Southwestern Energy Co's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Southwestern Energy Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Southwestern Energy Co's Interest Coverage falls into.

Southwestern Energy Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Southwestern Energy Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Southwestern Energy Co's Interest Expense was $-142 Mil. Its Operating Income was $736 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,054 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	736	/	-142
	=	5.18

Southwestern Energy Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Southwestern Energy Co's Interest Expense was $-36 Mil. Its Operating Income was $180 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,054 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	180	/	-36
	=	5.00

The higher the ratio, the stronger the company's Financial Strength is.

Southwestern Energy Co (NYSE:SWN) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Southwestern Energy Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Southwestern Energy Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Southwestern Energy Co (Southwestern Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Southwestern Energy Co (NYSE:SWN) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

SWN:Mexico SW5:Germany SW5:Germany

Address

10000 Energy Drive, Spring, TX, USA, 77389

Website

https://www.swn.com

Southwestern Energy Co is a us-based independent energy company. It is engaged in exploration, development and production activities, including related natural gas gathering and marketing. The company principally carries its business activities in the United States. The operating segments of the company are the Exploration and Production and Marketing segment. Its Exploration and Production segment is the key revenue driver for the company which includes the revenue derived from the production and sale of natural gas and liquids. The Marketing segment generates revenue through the marketing of both the company and third-party produced natural gas and liquids volumes and through gathering fees associated with the transportation of natural gas to market.

Executives

Shameek Konar	director	CONSTELLATION ENERGY GROUP, INC., 100 CONSTELLATION WAY, SUITE 1800P, BALTIMORE MD 21202
Dennis Price	officer: SVP - Mktg, Trans & Comm	10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
Carl Fredrick Giesler	officer: Executive Vice President & CFO	10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
Gregory D Kerley	officer: Executive VP and CFO	10000 ENERGY DRIVE, SPRING TX 77389
Andrew T Huggins	officer: VP, Business and Comm Dev	10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
John P Kelly	officer: SVP and Division Head	10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
Derek W Cutright	officer: SVP and Division Head	10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
William Q Dyson	officer: SVP - Operations Services	10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391
Carina L Gillenwater	officer: VP, Human Resources and Admin	10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
Christopher W Lacy	officer: VP-General Counsel & Secretary	10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391
Michael E Hancock	officer: Vice President and Interim CFO	10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391
Johnson S P Iv	director	10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391
Richard Jason Kurtz	officer: Vice President	10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391
Julian Mark Bott	officer: EVP	625 LIBERTY AVENUE, C/O EQT MIDSTREAM PARTNERS, PITTSBURGH PA 15222
William J Way	officer: Executive VP and COO	2350 N SAM HOUSTON PARKWAY EAST, SUITE 125, HOUSTON TX 77032