Atmos Energy Balance Sheet Health
Financial Health criteria checks 3/6
Atmos Energy has a total shareholder equity of $12.2B and total debt of $7.8B, which brings its debt-to-equity ratio to 64.3%. Its total assets and total liabilities are $25.2B and $13.0B respectively. Atmos Energy's EBIT is $1.3B making its interest coverage ratio 8. It has cash and short-term investments of $307.3M.
Key information
64.3%
Debt to equity ratio
US$7.82b
Debt
| Interest coverage ratio | 8x |
| Cash | US$307.34m |
| Equity | US$12.16b |
| Total liabilities | US$13.04b |
| Total assets | US$25.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEO's short term assets ($1.1B) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: AEO's short term assets ($1.1B) do not cover its long term liabilities ($11.8B).
Debt to Equity History and Analysis
Debt Level: AEO's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: AEO's debt to equity ratio has reduced from 69.5% to 64.3% over the past 5 years.
Debt Coverage: AEO's debt is well covered by operating cash flow (22.2%).
Interest Coverage: AEO's interest payments on its debt are well covered by EBIT (8x coverage).