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

Atlas Energy Solutions (Atlas Energy Solutions) Liabilities-to-Assets : 0.45 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Atlas Energy Solutions Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Atlas Energy Solutions's Total Liabilities for the quarter that ended in Mar. 2024 was $875.3 Mil. Atlas Energy Solutions's Total Assets for the quarter that ended in Mar. 2024 was $1,941.7 Mil. Therefore, Atlas Energy Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.45.


Atlas Energy Solutions Liabilities-to-Assets Historical Data

The historical data trend for Atlas Energy Solutions's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Atlas Energy Solutions Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.36 0.38 0.32 0.31

Atlas Energy Solutions Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.27 0.27 0.31 0.45

Competitive Comparison of Atlas Energy Solutions's Liabilities-to-Assets

For the Oil & Gas Equipment & Services subindustry, Atlas Energy Solutions's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Oil & Gas Industry

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

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



Atlas Energy Solutions Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Atlas Energy Solutions's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=393.862/1261.686
=0.31

Atlas Energy Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=875.254/1941.684
=0.45

* 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.


Atlas Energy Solutions  (NYSE:AESI) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Atlas Energy Solutions Liabilities-to-Assets Related Terms

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


Atlas Energy Solutions (Atlas Energy Solutions) Business Description

Traded in Other Exchanges
N/A
Address
5918 West Courtyard Drive, Suite 500, Austin, TX, USA, 78730
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