Atlas Energy Solutions Inc. (AESI)

Debt-to-capital ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024
Long-term debt US$ in thousands 466,989 439,043 447,450
Total stockholders’ equity US$ in thousands 1,036,560 1,046,180 1,061,960
Debt-to-capital ratio 0.31 0.30 0.30

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $466,989K ÷ ($466,989K + $1,036,560K)
= 0.31

The debt-to-capital ratio of Atlas Energy Solutions Inc. has remained relatively stable over the course of the year. As of June 30, 2024, and September 30, 2024, the ratio stood at 0.30, and by December 31, 2024, it increased slightly to 0.31. This indicates that the company finances approximately 31% of its capital structure through debt, while the remaining 69% is financed through equity. A stable or slightly increasing debt-to-capital ratio may imply that the company has been managing its debt levels effectively, although it is important to continue monitoring any significant shifts in this ratio to assess the firm's financial leverage and risk profile.