AESI (Atlas Energy Solutions) Cash-to-Debt : 0.16 (As of Sep. 2024)

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What is Atlas Energy Solutions Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Atlas Energy Solutions's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.16.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Atlas Energy Solutions couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

AESI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.56 Max: 2.61
Current: 0.16

During the past 4 years, Atlas Energy Solutions's highest Cash to Debt Ratio was 2.61. The lowest was 0.16. And the median was 0.56.

AESI's Cash-to-Debt is ranked worse than
73.68% of 988 companies
in the Oil & Gas industry
Industry Median: 0.52 vs AESI: 0.16

Atlas Energy Solutions Cash-to-Debt Historical Data

The historical data trend for Atlas Energy Solutions's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Atlas Energy Solutions Cash-to-Debt Chart

Atlas Energy Solutions Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.21

0.23

0.56

1.22

Atlas Energy Solutions Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial									1.53	1.22	0.39	0.21	0.16

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

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

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

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

Atlas Energy Solutions Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

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

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	210.174	/	(0	+	172.82)
	=	1.22

Atlas Energy Solutions's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	78.637	/	(45.086	+	450.598)
	=	0.16

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

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Atlas Energy Solutions Cash-to-Debt Related Terms

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

Atlas Energy Solutions Business Description

Industry

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

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. Proppant is necessary to facilitate the recovery of hydrocarbons from oil and natural gas wells. One hundred percent of its sand reserves are located in Winkler and Ward Counties, Texas, within the Permian Basin, and its operations consist of proppant production and processing facilities, including two facilities near Kermit, Texas, and a third facility near Monahans, Texas.

Executives

Brian Anthony Leveille	other: Member of 10% Owner Group	5918 W COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Richard W Schmidt	other: Member of 10% Owner Group.	5410 BEE CAVE ROAD, AUSTIN TX 78746
Stacy Hock	director	3331 WESTLAKE DRIVE, AUSTIN TX 78746
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
Jeffrey L Allison	officer: EVP, Sales & Marketing	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
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
Atlas Sand Management Co Ii, Llc	10 percent owner	5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730