AESI (Atlas Energy Solutions) Interest Coverage : 1.72 (As of Dec. 2024)

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What is Atlas Energy Solutions Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Atlas Energy Solutions's Operating Income for the three months ended in Dec. 2024 was $21 Mil. Atlas Energy Solutions's Interest Expense for the three months ended in Dec. 2024 was $-12 Mil. Atlas Energy Solutions's interest coverage for the quarter that ended in Dec. 2024 was 1.72. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Atlas Energy Solutions's Interest Coverage or its related term are showing as below:

AESI' s Interest Coverage Range Over the Past 10 Years
Min: 1.11 Med: 8.83 Max: 34.48
Current: 2.94

AESI's Interest Coverage is ranked worse than
71.75% of 722 companies
in the Oil & Gas industry
Industry Median: 5.925 vs AESI: 2.94

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Atlas Energy Solutions Interest Coverage Historical Data

The historical data trend for Atlas Energy Solutions's Interest Coverage 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: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Atlas Energy Solutions Interest Coverage Chart

Atlas Energy Solutions Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

1.11

14.72

34.48

2.94

Atlas Energy Solutions Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Coverage	Get a 7-Day Free Trial									22.11	7.97	2.80	2.13	1.72

Competitive Comparison of Atlas Energy Solutions's Interest Coverage

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

For the Oil & Gas industry and Energy sector, Atlas Energy Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Atlas Energy Solutions's Interest Coverage falls into.

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Atlas Energy Solutions Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Atlas Energy Solutions's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Atlas Energy Solutions's Interest Expense was $-39 Mil. Its Operating Income was $113 Mil. And its Long-Term Debt & Capital Lease Obligation was $477 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	113.45	/	-38.647
	=	2.94

Atlas Energy Solutions's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Atlas Energy Solutions's Interest Expense was $-12 Mil. Its Operating Income was $21 Mil. And its Long-Term Debt & Capital Lease Obligation was $477 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	20.641	/	-12.018
	=	1.72

The higher the ratio, the stronger the company's Financial Strength is.

Atlas Energy Solutions (NYSE:AESI) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Atlas Energy Solutions Interest Coverage Related Terms

Thank you for viewing the detailed overview of Atlas Energy Solutions's Interest Coverage 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 » Interest Coverage

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

Gregory M Shepard	director, other: Member of 10% Owner Group	7028 PORTMARNOCK PLACE, LAKEWOOD RANCH FL 34202
Ben M Brigham	director, 10 percent owner, officer: See Remarks	6300 BRIDGE POINT PKWY, BLDG 2 STE 500, AUSTIN TX 78730
Stacy Hock	director	3331 WESTLAKE DRIVE, AUSTIN TX 78746
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
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
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