Atlas Energy Solutions Inc. (AESI)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Total assets | US$ in thousands | 1,972,650 | 1,973,490 | 1,982,330 |
| Total stockholders’ equity | US$ in thousands | 1,036,560 | 1,046,180 | 1,061,960 |
| Financial leverage ratio | 1.90 | 1.89 | 1.87 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,972,650K ÷ $1,036,560K
= 1.90
Based on the provided data, Atlas Energy Solutions Inc.'s financial leverage ratio has been gradually increasing over the indicated periods, from 1.87 as of June 30, 2024, to 1.90 as of December 31, 2024. This indicates that the company is progressively relying more on debt to finance its operations compared to equity. A financial leverage ratio above 1 suggests that the company has more debt than equity in its capital structure. Investors and creditors may view an increasing financial leverage ratio as a potential indicator of higher financial risk and leverage-related challenges in the business. It is essential for the company to carefully manage its debt levels to maintain a healthy balance between debt and equity financing.
Peer comparison
Dec 31, 2024