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Atmos Energy (Atmos Energy) Equity-to-Asset

: 0.48 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Atmos Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $11,273 Mil. Atmos Energy's Total Assets for the quarter that ended in Dec. 2023 was $23,684 Mil. Therefore, Atmos Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.48.

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

ATO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.4   Max: 0.49
Current: 0.48

During the past 13 years, the highest Equity to Asset Ratio of Atmos Energy was 0.49. The lowest was 0.34. And the median was 0.40.

ATO's Equity-to-Asset is ranked better than
68.46% of 520 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs ATO: 0.48

Atmos Energy Equity-to-Asset Historical Data

The historical data trend for Atmos Energy's Equity-to-Asset 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.

Atmos Energy Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.44 0.40 0.42 0.48

Atmos Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.48 0.49 0.48 0.48

Competitive Comparison

For the Utilities - Regulated Gas subindustry, Atmos Energy's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Atmos Energy Equity-to-Asset Distribution

For the Utilities - Regulated industry and Utilities sector, Atmos Energy's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Atmos Energy's Equity-to-Asset falls into.



Atmos Energy Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Atmos Energy's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=10870.064/22516.968
=0.48

Atmos Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=11273.209/23684.243
=0.48

* 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.


Atmos Energy  (NYSE:ATO) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Atmos Energy Equity-to-Asset Related Terms

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


Atmos Energy (Atmos Energy) Business Description

Traded in Other Exchanges
Address
5430 LBJ Freeway, Suite 1800, Three Lincoln Centre, Dallas, TX, USA, 75240
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.
Executives
Richard M Thomas officer: VICE PRESIDENT & CONTROLLER P O BOX 650205, DALLAS TX 75265-0205
Kim R Cocklin director C/O ATMOS ENERGY CORPORATION, PO BOX 650205, DALLAS TX 75256
Diana J Walters director 5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
John S Mcdill officer: SR VP, UTILITY OPERATIONS 5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
John C. Ale director 5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
Christopher T Forsythe officer: Vice President and Controller P O BOX 650205, DALLAS TX 75265
Sean Donohue director P O BOX 650205, DALLAS TX 75265
J Matt Robbins officer: SR VP, Human Resources P O BOX 650205, DALLAS TX 75265-0205
Frank H Yoho director 5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
Richard A Sampson director PO BOX 650205, DALLAS TX 75265
David J Park officer: SR VP, Utility Operations P O BOX 650205, DALLAS TX 75265-0205
Richard W Douglas director 10670 N CENTRAL EXPRESSWAY, DALLAS TX 75231
Nancy K Quinn director P O BOX 650205, DALLAS TX 75265
Karen E Hartsfield officer: SR VP, GC & CORPORATE SEC'Y P O BOX 650205, DALLAS TX 75265-0205
John K Akers officer: SR VP, Safety & Enterprise Ser P O BOX 650205, DALLAS TX 75265-0205

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