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
Atmos Energy (NYSE:ATO) Takes On Some Risk With Its Use Of Debt
Aug 25
These 4 Measures Indicate That Atmos Energy (NYSE:ATO) Is Using Debt Extensively
Apr 29Atmos Energy (NYSE:ATO) Has A Somewhat Strained Balance Sheet
Jan 28Atmos 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 17Recent updates
Atmos Energy (NYSE:ATO) Is Increasing Its Dividend To $0.87
Nov 11Is Now The Time To Put Atmos Energy (NYSE:ATO) On Your Watchlist?
Nov 10Atmos Energy Corporation's (NYSE:ATO) Business Is Yet to Catch Up With Its Share Price
Oct 26Atmos Energy: The Buying Opportunity Has Now Passed
Oct 11A Look At The Intrinsic Value Of Atmos Energy Corporation (NYSE:ATO)
Oct 10Returns On Capital At Atmos Energy (NYSE:ATO) Have Hit The Brakes
Sep 25Atmos Energy (NYSE:ATO) Takes On Some Risk With Its Use Of Debt
Aug 25Atmos Energy: Another Solid Quarter Is Largely Reflected In Valuation (Rating Downgrade)
Aug 09Here's Why We Think Atmos Energy (NYSE:ATO) Might Deserve Your Attention Today
Jul 24Atmos Energy Corporation's (NYSE:ATO) Popularity With Investors Is Under Threat From Overpricing
Jul 02Atmos Energy: Buy This Dividend Aristocrat Now For Compounding Income
Jun 07Estimating The Intrinsic Value Of Atmos Energy Corporation (NYSE:ATO)
May 21These 4 Measures Indicate That Atmos Energy (NYSE:ATO) Is Using Debt Extensively
Apr 29Atmos 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 07Financial Position Analysis
Short Term Liabilities: ATO's short term assets ($1.1B) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: ATO's short term assets ($1.1B) do not cover its long term liabilities ($11.8B).
Debt to Equity History and Analysis
Debt Level: ATO's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: ATO's debt to equity ratio has reduced from 69.5% to 64.3% over the past 5 years.
Debt Coverage: ATO's debt is well covered by operating cash flow (22.2%).
Interest Coverage: ATO's interest payments on its debt are well covered by EBIT (8x coverage).