Western Net Debt To E B I T D A from 2010 to 2024

WES Stock  USD 39.63  0.89  2.30%   
Western Midstream Net Debt To EBITDA yearly trend continues to be comparatively stable with very little volatility. Net Debt To EBITDA will likely drop to 2.17 in 2024. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
3.84164348
Current Value
2.17
Quarterly Volatility
1.24361505
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Western Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western Midstream's main balance sheet or income statement drivers, such as Interest Expense of 365.6 M, Selling General Administrative of 244.3 M or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 5.78, Dividend Yield of 0.0508 or PTB Ratio of 4.06. Western financial statements analysis is a perfect complement when working with Western Midstream Valuation or Volatility modules.
  
Check out the analysis of Western Midstream Correlation against competitors.

Latest Western Midstream's Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of Western Midstream Partners over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Western Midstream's Net Debt To EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western Midstream's overall financial position and show how it may be relating to other accounts over time.
Net Debt To E B I T D A10 Years Trend
Slightly volatile
   Net Debt To E B I T D A   
       Timeline  

Western Net Debt To E B I T D A Regression Statistics

Arithmetic Mean2.99
Coefficient Of Variation41.55
Mean Deviation0.84
Median3.20
Standard Deviation1.24
Sample Variance1.55
Range5.4328
R-Value0.56
Mean Square Error1.15
R-Squared0.31
Significance0.03
Slope0.16
Total Sum of Squares21.65

Western Net Debt To E B I T D A History

2024 2.17
2023 3.84
2022 2.99
2021 3.62
2020 3.92
2019 5.29
2018 3.65

About Western Midstream Financial Statements

Western Midstream shareholders use historical fundamental indicators, such as Net Debt To E B I T D A, to determine how well the company is positioned to perform in the future. Although Western Midstream investors may analyze each financial statement separately, they are all interrelated. The changes in Western Midstream's assets and liabilities, for example, are also reflected in the revenues and expenses on on Western Midstream's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Debt To EBITDA 3.84  2.17 

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Additional Tools for Western Stock Analysis

When running Western Midstream's price analysis, check to measure Western Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.