Atmos Energy (ATO) Debt Metrics
Market Cap: $23.59B
Avg Volume: 889.16K
Industry: Regulated Gas
Sector: Utilities
How much debt does Atmos Energy have?
According to Atmos Energy's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Atmos Energy's total debt stands at $8.13B. This is broken down into:
- Long-term debt: $8.09B
- Short-term debt: $45.85M
The company's net debt, which accounts for cash and cash equivalents, is $7.82B. In terms of overall financial obligations, Atmos Energy's total liabilities amount to $13.04B.
Debt Ratios and Metrics
To better understand Atmos Energy's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.67 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 32.27% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 7.11 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 39.12% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 40.07% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Atmos Energy's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$8.13B
Long-term Debt
$8.09B
Short-term Debt
$45.85M
Net Debt
$7.82B
Total Liabilities
$13.04B
Interest Coverage
7.11
Debt to Equity Ratio
0.67
Debt Ratio
32.27%
Atmos Energy Historical Debt Metrics
Atmos Energy Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $8.13B | $8.09B | $45.85M | $7.82B | $13.04B | 0.67 | 32.27% | 7.11 | 39.12% | 40.07% |
| 2023 | $7.04B | $6.83B | $289.24M | $7.02B | $11.65B | 0.65 | 31.26% | 7.77 | 37.74% | 39.30% |
| 2022 | $8.15B | $5.94B | $2.43B | $8.10B | $12.77B | 0.86 | 36.71% | 8.96 | 37.95% | 46.38% |
| 2021 | $7.33B | $5.14B | $2.44B | $7.21B | $11.70B | 0.93 | 37.38% | 10.83 | 38.41% | 48.11% |
| 2020 | $4.53B | $4.74B | $35.88M | $4.51B | $8.57B | 0.67 | 29.51% | 9.76 | 40.02% | 40.02% |
| 2019 | $3.99B | $3.53B | $464.92M | $3.97B | $7.62B | 0.69 | 29.88% | 7.23 | 38.03% | 40.99% |
| 2018 | $3.64B | $2.49B | $1.15B | $3.63B | $7.10B | 0.76 | 30.69% | 6.78 | 34.33% | 43.31% |
| 2017 | $3.51B | $3.07B | $447.75M | $3.49B | $6.85B | 0.90 | 32.70% | 6.05 | 44.03% | 47.41% |
| 2016 | $3.27B | $2.19B | $1.08B | $3.22B | $6.55B | 0.94 | 32.65% | 5.72 | 38.73% | 48.56% |
| 2015 | $2.91B | $2.46B | $457.93M | $2.88B | $5.90B | 0.91 | 32.04% | 5.43 | 43.46% | 47.70% |
Related Metrics
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