Atlas Energy Solutions (Atlas Energy Solutions) Debt-to-Equity : 0.45 (As of Mar. 2024)

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What is Atlas Energy Solutions Debt-to-Equity?

Atlas Energy Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $24.1 Mil. Atlas Energy Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $457.2 Mil. Atlas Energy Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,066.4 Mil. Atlas Energy Solutions's debt to equity for the quarter that ended in Mar. 2024 was 0.45.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Atlas Energy Solutions's Debt-to-Equity or its related term are showing as below:

AESI' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.27 Med: 0.45 Max: 2.46
Current: 0.45

During the past 4 years, the highest Debt-to-Equity Ratio of Atlas Energy Solutions was 2.46. The lowest was -2.27. And the median was 0.45.

AESI's Debt-to-Equity is ranked worse than
50.12% of 836 companies
in the Oil & Gas industry
Industry Median: 0.445 vs AESI: 0.45

Atlas Energy Solutions Debt-to-Equity Historical Data

The historical data trend for Atlas Energy Solutions's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Atlas Energy Solutions Debt-to-Equity Chart

Atlas Energy Solutions Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.53

0.52

0.29

0.20

Atlas Energy Solutions Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial							2.46	1.71	-2.27	0.20	0.45

Competitive Comparison of Atlas Energy Solutions's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Atlas Energy Solutions's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Atlas Energy Solutions's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Atlas Energy Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Atlas Energy Solutions's Debt-to-Equity falls into.

Atlas Energy Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atlas Energy Solutions's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	172.82)	/	867.824
	=	0.20

Atlas Energy Solutions's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(24.129	+	457.17)	/	1066.43
	=	0.45

Atlas Energy Solutions (NYSE:AESI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Atlas Energy Solutions Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Atlas Energy Solutions's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Atlas Energy Solutions (Atlas Energy Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Atlas Energy Solutions Inc (NYSE:AESI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5918 West Courtyard Drive, Suite 500, Austin, TX, USA, 78730

Website

https://www.atlas.energy

Atlas Energy Solutions Inc is a provider of proppant and logistics services to the oil and natural gas industry within the Permian Basin of West Texas and New Mexico, the most active oil and natural gas basin in North America.

Executives

Richard W Schmidt	other: Member of 10% Owner Group.	5410 BEE CAVE ROAD, AUSTIN TX 78746
Brian Anthony Leveille	other: Member of 10% Owner Group	5918 W COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Gregory M Shepard	director, other: Member of 10% Owner Group	7028 PORTMARNOCK PLACE, LAKEWOOD RANCH FL 34202
Chad M. Mcever	other: Member of 10% Owner Group	THREE RIVERWAY, SUITE 1350, HOUSTON TX 77056
Kirk Edwards Ginn	other: Member of 10% Owner Group	5918 W COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Joel Hock	other: Member of 10% Owner Group"	3331 WESTLAKE DRIVE, AUSTIN TX 78746
Camcole Consultants, Llc	other: Member of 10% Owner Group	2203 GULF AVENUE, MIDLAND TX 79705
Sealy & Smith Foundation	10 percent owner	2200 MARKET STREET, SUITE 500, GALVESTON TX 77550
Ben M Brigham	director, 10 percent owner, officer: See Remarks	6300 BRIDGE POINT PKWY, BLDG 2 STE 500, AUSTIN TX 78730
Douglas G Rogers	director	2200 MARKET STREET, SUITE 500, GALVESTON TX 77550
Jeffrey L Allison	officer: EVP, Sales & Marketing	5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Atlas Sand Management Co Ii, Llc	10 percent owner	5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
John Gregory Turner	officer: See Remarks	5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Dathan C Voelter	officer: General Counsel and Secretary	5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Atlas Sand Holdings, Llc	10 percent owner	5914 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730