Atlas Energy Solutions Inc. (AESI)

Debt-to-assets ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Long-term debt	US$ in thousands	466,989	439,043	447,450
Total assets	US$ in thousands	1,972,650	1,973,490	1,982,330
Debt-to-assets ratio		0.24	0.22	0.23

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $466,989K ÷ $1,972,650K
= 0.24

The debt-to-assets ratio of Atlas Energy Solutions Inc. has been relatively stable over the past three quarters, ranging from 0.22 to 0.24. This indicates that the company's debt level represents approximately 22% to 24% of its total assets during this period. A lower debt-to-assets ratio suggests that the company relies less on debt financing and has a stronger financial position, as a higher ratio may signal higher financial risk. Overall, the consistent ratio over the quarters suggests a conservative approach to managing debt and maintaining a healthy balance between debt and assets.