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Atlas Energy Solutions (Atlas Energy Solutions) Equity-to-Asset : 0.55 (As of Mar. 2024)


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What is Atlas Energy Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Atlas Energy Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,066.4 Mil. Atlas Energy Solutions's Total Assets for the quarter that ended in Mar. 2024 was $1,941.7 Mil. Therefore, Atlas Energy Solutions's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.55.

The historical rank and industry rank for Atlas Energy Solutions's Equity-to-Asset or its related term are showing as below:

AESI' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.06   Med: 0.62   Max: 0.69
Current: 0.04

During the past 4 years, the highest Equity to Asset Ratio of Atlas Energy Solutions was 0.69. The lowest was -0.06. And the median was 0.62.

AESI's Equity-to-Asset is ranked worse than
90.58% of 1093 companies
in the Oil & Gas industry
Industry Median: 0.51 vs AESI: 0.04

Atlas Energy Solutions Equity-to-Asset Historical Data

The historical data trend for Atlas Energy Solutions's Equity-to-Asset 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.

* Premium members only.

Atlas Energy Solutions Equity-to-Asset Chart

Atlas Energy Solutions Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.64 0.62 0.68 0.69

Atlas Energy Solutions Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.06 -0.06 0.69 0.55

Competitive Comparison of Atlas Energy Solutions's Equity-to-Asset

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

For the Oil & Gas industry and Energy sector, Atlas Energy Solutions's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Atlas Energy Solutions's Equity-to-Asset falls into.



Atlas Energy Solutions Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Atlas Energy Solutions's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=867.824/1261.686
=0.69

Atlas Energy Solutions's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1066.43/1941.684
=0.55

* 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.


Atlas Energy Solutions  (NYSE:AESI) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Atlas Energy Solutions Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Atlas Energy Solutions's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Energy Solutions (Atlas Energy Solutions) Business Description

Traded in Other Exchanges
N/A
Address
5918 West Courtyard Drive, Suite 500, Austin, TX, USA, 78730
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.
Executives
Richard W Schmidt other: Member of 10% Owner Group. 5410 BEE CAVE ROAD, AUSTIN TX 78746
Brian Anthony Leveille other: Member of 10% Owner Group 5918 W COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Gregory M Shepard director, other: Member of 10% Owner Group 7028 PORTMARNOCK PLACE, LAKEWOOD RANCH FL 34202
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
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
Ben M Brigham director, 10 percent owner, officer: See Remarks 6300 BRIDGE POINT PKWY, BLDG 2 STE 500, AUSTIN TX 78730
Douglas G Rogers director 2200 MARKET STREET, SUITE 500, GALVESTON TX 77550
Jeffrey L Allison officer: EVP, Sales & Marketing 5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Atlas Sand Management Co Ii, Llc 10 percent owner 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
Atlas Sand Holdings, Llc 10 percent owner 5914 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730