Atlas Energy Solutions Inc. (AESI)
Debt-to-equity 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-equity ratio | 0.45 | 0.42 | 0.42 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $466,989K ÷ $1,036,560K
= 0.45
The debt-to-equity ratio of Atlas Energy Solutions Inc. has shown a relatively stable trend over the three quarters of 2024. The ratio was 0.42 as of both June 30 and September 30, 2024, indicating that the company had $0.42 in debt for every $1 of equity. By December 31, 2024, the ratio increased slightly to 0.45, suggesting a slightly higher level of debt relative to equity compared to the previous periods. Overall, the company's debt-to-equity ratio remains at a reasonable level, indicating a balanced capital structure with a conservative approach to leverage. It is important for investors to continue monitoring this ratio to ensure that the company is managing its debt levels effectively.
Peer comparison
Dec 31, 2024