Atmos Energy Balance Sheet Health
Financial Health criteria checks 4/6
Atmos Energy has a total shareholder equity of $11.3B and total debt of $7.5B, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are $23.7B and $12.4B respectively. Atmos Energy's EBIT is $1.2B making its interest coverage ratio 8. It has cash and short-term investments of $511.3M.
Key information
66.4%
Debt to equity ratio
US$7.49b
Debt
| Interest coverage ratio | 8x |
| Cash | US$511.29m |
| Equity | US$11.27b |
| Total liabilities | US$12.41b |
| Total assets | US$23.68b |
Recent financial health updates
Atmos Energy (NYSE:ATO) Has A Somewhat Strained Balance Sheet
Jan 28
Atmos Energy (NYSE:ATO) Takes On Some Risk With Its Use Of Debt
Oct 18Atmos Energy (NYSE:ATO) Has A Somewhat Strained Balance Sheet
Jun 01Here's Why Atmos Energy (NYSE:ATO) Has A Meaningful Debt Burden
Feb 17Here's Why Atmos Energy (NYSE:ATO) Has A Meaningful Debt Burden
Nov 01These 4 Measures Indicate That Atmos Energy (NYSE:ATO) Is Using Debt Extensively
Jul 30Recent updates
Atmos Energy: Slow And Steady Can Win The Race
Apr 02Do Atmos Energy's (NYSE:ATO) Earnings Warrant Your Attention?
Mar 28Atmos Energy (NYSE:ATO) Could Be Struggling To Allocate Capital
Mar 13What Atmos Energy Corporation's (NYSE:ATO) P/E Is Not Telling You
Feb 27Atmos Energy (NYSE:ATO) Has A Somewhat Strained Balance Sheet
Jan 28Atmos Energy: This Financially-Solid And Growing Utility Looks Like A Good Buy Today
Jan 26Is Atmos Energy Corporation (NYSE:ATO) Expensive For A Reason? A Look At Its Intrinsic Value
Jan 14Here's Why We Think Atmos Energy (NYSE:ATO) Is Well Worth Watching
Dec 29Here's What's Concerning About Atmos Energy's (NYSE:ATO) Returns On Capital
Dec 14Atmos Energy's (NYSE:ATO) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 12Atmos Energy: Raises Its Dividend While Giving Positive Long-Term Guidance
Nov 09Atmos Energy (NYSE:ATO) Takes On Some Risk With Its Use Of Debt
Oct 18Are Atmos Energy Corporation (NYSE:ATO) Investors Paying Above The Intrinsic Value?
Sep 30Atmos Energy: Excellent Company, But Forward Total Returns May Disappoint Vs. Peers
Sep 22Returns On Capital Signal Tricky Times Ahead For Atmos Energy (NYSE:ATO)
Sep 09Atmos Energy: A Buy For The Uncertain Economy
Jul 17Here's Why We Think Atmos Energy (NYSE:ATO) Might Deserve Your Attention Today
Jul 07Atmos Energy (NYSE:ATO) Has A Somewhat Strained Balance Sheet
Jun 01Atmos Energy's (NYSE:ATO) Returns On Capital Not Reflecting Well On The Business
May 14Should You Be Adding Atmos Energy (NYSE:ATO) To Your Watchlist Today?
Mar 22Here's Why Atmos Energy (NYSE:ATO) Has A Meaningful Debt Burden
Feb 17Atmos Energy GAAP EPS of $1.91 misses by $0.04, revenue of $1.48B beats by $340M
Feb 07Shareholders Will Probably Hold Off On Increasing Atmos Energy Corporation's (NYSE:ATO) CEO Compensation For The Time Being
Feb 02Investors Could Be Concerned With Atmos Energy's (NYSE:ATO) Returns On Capital
Jan 28Atmos Energy: This Strong, Texas Gas Utility Is A Buy At The Right Price
Dec 20With EPS Growth And More, Atmos Energy (NYSE:ATO) Makes An Interesting Case
Dec 13Atmos Energy (NYSE:ATO) Is Increasing Its Dividend To $0.74
Nov 13Here's Why Atmos Energy (NYSE:ATO) Has A Meaningful Debt Burden
Nov 01A Look At The Intrinsic Value Of Atmos Energy Corporation (NYSE:ATO)
Oct 17Atmos Is A Steady Grower In An Uncertain World
Oct 08Returns On Capital At Atmos Energy (NYSE:ATO) Paint A Concerning Picture
Sep 15These 4 Measures Indicate That Atmos Energy (NYSE:ATO) Is Using Debt Extensively
Jul 30Atmos Energy: Put This Dividend Aristocrat On Your Radar
Jul 25Atmos Energy Corporation (NYSE:ATO) Shares Could Be 23% Above Their Intrinsic Value Estimate
Jul 13Aristotle Capital - Atmos Energy Corp: Compelling Catalysts
May 10We Think Atmos Energy (NYSE:ATO) Is Taking Some Risk With Its Debt
Apr 30Atmos Energy: A Large Natural Gas Utility With An Attractive Valuation
Mar 12Atmos Energy (NYSE:ATO) Is Reinvesting At Lower Rates Of Return
Mar 06Financial Position Analysis
Short Term Liabilities: ATO's short term assets ($1.7B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: ATO's short term assets ($1.7B) do not cover its long term liabilities ($11.2B).
Debt to Equity History and Analysis
Debt Level: ATO's net debt to equity ratio (61.9%) is considered high.
Reducing Debt: ATO's debt to equity ratio has reduced from 70% to 66.4% over the past 5 years.
Debt Coverage: ATO's debt is well covered by operating cash flow (46.9%).
Interest Coverage: ATO's interest payments on its debt are well covered by EBIT (8x coverage).