Atmos Interest Coverage Trend from 2010 to 2022

ATO
 Stock
  

USD 118.08  0.42  0.36%   

Atmos Energy Interest Coverage yearly trend continues to be quite stable with very little volatility. Interest Coverage may rise above 10.52 this year. From the period between 2010 and 2022, Atmos Energy, Interest Coverage regression line of its data series had standard deviation of 2.74 and standard deviation of  2.74. Atmos Energy Direct Expenses is quite stable at the moment as compared to the past year. The company's current value of Direct Expenses is estimated at 1.74 Billion. Cost of Revenue is expected to rise to about 1.2 B this year, although the value of Consolidated Income will most likely fall to about 634.4 M.
  
Check Atmos Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Atmos main balance sheet or income statement drivers, such as Direct Expenses of 1.7 B, Consolidated Income of 634.4 M or Cost of Revenue of 1.2 B, as well as many exotic indicators such as Interest Coverage of 10.52, Long Term Debt to Equity of 0.82 or Calculated Tax Rate of 28.65. Atmos financial statements analysis is a perfect complement when working with Atmos Energy Valuation or Volatility modules. It can also supplement Atmos Energy's financial leverage analysis and stock options assessment as well as various Atmos Energy Technical models . Please continue to the analysis of Atmos Energy Correlation against competitors.

Atmos Interest Coverage Breakdown

Showing smoothed Interest Coverage of Atmos Energy Corp with missing and latest data points interpolated. Atmos Energy's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Atmos Energy's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Increasing
Slightly volatile
   Interest Coverage   
Share
       Timeline  

Atmos Interest Coverage Regression Statistics

Arithmetic Mean 6.70
Geometric Mean 6.17
Coefficient Of Variation 40.92
Mean Deviation 2.26
Median 6.05
Standard Deviation 2.74
Sample Variance 7.51
Range 7.67
R-Value 0.97
Mean Square Error 0.46
R-Squared 0.94
Significance 0.00000003
Slope 0.68
Total Sum of Squares 90.18

Atmos Interest Coverage History

2012 3.91
2013 4.73
2014 5.43
2015 5.76
2016 6.05
2017 6.78
2018 7.23
2019 9.76
2020 10.83
2021 9.75
2022 10.52

About Atmos Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Atmos Energy income statement, its balance sheet, and the statement of cash flows. Atmos Energy investors use historical funamental indicators, such as Atmos Energy's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Atmos Energy investors may use each financial statement separately, they are all related. The changes in Atmos Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Atmos Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Atmos Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Atmos Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Interest Coverage 9.75  10.52 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.6 B1.4 B

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Our tools can tell you how much better you can do entering a position in Atmos Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Atmos Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atmos Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atmos Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atmos Energy

0.85NJRNewjersey Resources Corp Fiscal Year End 17th of November 2022 PairCorr
The ability to find closely correlated positions to Atmos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atmos Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atmos Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atmos Energy Corp to buy it.
The correlation of Atmos Energy is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atmos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atmos Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Atmos Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Atmos Energy Correlation against competitors. Note that the Atmos Energy Corp information on this page should be used as a complementary analysis to other Atmos Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Is Atmos Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atmos Energy. If investors know Atmos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atmos Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.18
Market Capitalization
16.5 B
Quarterly Revenue Growth YOY
0.35
Return On Assets
0.0279
Return On Equity
0.0882
The market value of Atmos Energy Corp is measured differently than its book value, which is the value of Atmos that is recorded on the company's balance sheet. Investors also form their own opinion of Atmos Energy's value that differs from its market value or its book value, called intrinsic value, which is Atmos Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atmos Energy's market value can be influenced by many factors that don't directly affect Atmos Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atmos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Atmos Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atmos Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.