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Atlas Debt-to-Equity

: 1.73 (As of Mar. 2022)
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Atlas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $957 Mil. Atlas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $5,320 Mil. Atlas's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $3,640 Mil. Atlas's debt to equity for the quarter that ended in Mar. 2022 was 1.72.

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's Debt-to-Equity or its related term are showing as below:

ATCO' s Debt-to-Equity Range Over the Past 10 Years
Min: -41.17   Med: 1.83   Max: 240.05
Current: 1.73

During the past 13 years, the highest Debt-to-Equity Ratio of Atlas was 240.05. The lowest was -41.17. And the median was 1.83.

ATCO's Debt-to-Equity is ranked worse than
93.81% of 953 companies
in the Asset Management industry
Industry Median: 0.23 vs ATCO: 1.73

Atlas Debt-to-Equity Historical Data

The historical data trend for Atlas'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 Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.59 1.65 1.40 1.45 1.80

Atlas Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Debt-to-Equity 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 1.45 1.57 1.83 1.80 1.73

Competitive Comparison

For the Asset Management subindustry, Atlas'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 Debt-to-Equity Distribution

For the Asset Management industry and Financial Services sector, Atlas's Debt-to-Equity distribution charts can be found below:

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



Atlas Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atlas's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Atlas's Debt to Equity Ratio for the quarter that ended in Mar. 2022 is calculated as

* 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  (NYSE:ATCO) 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 Debt-to-Equity Related Terms

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


Atlas Business Description

Atlas logo
Address
23 Berkeley Square, London, GBR, W1J 6HE
Atlas Corp is a global asset manager that owns and operates the businesses in which it invests while focusing on deploying capital across multiple verticals to create sustainable value and quality growth opportunities for its shareholders. The company has two business segments: Containership leasing and Mobile power generation. The containership leasing segment owns and operates a fleet of containerships that are chartered primarily pursuant to long-term, fixed-rate charters. The mobile power generation segment owns and operates a fleet of power generation assets, including gas turbines and other equipment, and provides power solutions to customers.

Atlas Headlines

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