Atmos Energy Balance Sheet Health
Financial Health criteria checks 4/6
Atmos Energy has a total shareholder equity of $11.6B and total debt of $7.5B, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are $24.0B and $12.4B respectively. Atmos Energy's EBIT is $1.3B making its interest coverage ratio 7.9. It has cash and short-term investments of $521.1M.
Key information
64.4%
Debt to equity ratio
US$7.49b
Debt
Interest coverage ratio | 7.9x |
Cash | US$521.12m |
Equity | US$11.62b |
Total liabilities | US$12.39b |
Total assets | US$24.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A1TM34's short term assets ($1.4B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: A1TM34's short term assets ($1.4B) do not cover its long term liabilities ($11.3B).
Debt to Equity History and Analysis
Debt Level: A1TM34's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: A1TM34's debt to equity ratio has reduced from 66.3% to 64.4% over the past 5 years.
Debt Coverage: A1TM34's debt is well covered by operating cash flow (20.8%).
Interest Coverage: A1TM34's interest payments on its debt are well covered by EBIT (7.9x coverage).