Atmos Total Assets from 2010 to 2024

ATO Stock  USD 118.13  1.20  1.03%   
Atmos Energy Total Assets yearly trend continues to be very stable with very little volatility. Total Assets are likely to grow to about 27.2 B this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
1993-12-31
Previous Quarter
22.5 B
Current Value
23.7 B
Quarterly Volatility
6.2 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Interest Expense of 165.8 M, Total Revenue of 5.2 B or Gross Profit of 2.5 B, as well as many exotic indicators such as Price To Sales Ratio of 3.4, Dividend Yield of 0.0433 or PTB Ratio of 1.82. Atmos financial statements analysis is a perfect complement when working with Atmos Energy Valuation or Volatility modules.
  
This module can also supplement Atmos Energy's financial leverage analysis and stock options assessment as well as various Atmos Energy Technical models . Check out the analysis of Atmos Energy Correlation against competitors.
To learn how to invest in Atmos Stock, please use our How to Invest in Atmos Energy guide.

Latest Atmos Energy's Total Assets Growth Pattern

Below is the plot of the Total Assets of Atmos Energy over the last few years. Total assets refers to the total amount of Atmos Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Atmos Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Atmos Energy's Total Assets 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.
ViewLast Reported 22.52 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Atmos Total Assets Regression Statistics

Arithmetic Mean14,153,624,604
Geometric Mean10,872,742,203
Coefficient Of Variation54.61
Mean Deviation6,378,620,725
Median11,874,437,000
Standard Deviation7,728,762,704
Sample Variance59733772.9T
Range26.8B
R-Value0.97
Mean Square Error3657814.3T
R-Squared0.94
Slope1,678,350,844
Total Sum of Squares836272821T

Atmos Total Assets History

202427.2 B
202325.9 B
202222.5 B
202122.2 B
202019.6 B
201915.4 B
201813.4 B

Other Fundumenentals of Atmos Energy

Atmos Energy Total Assets component correlations

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0.310.21-0.130.450.230.450.390.40.880.320.170.21-0.020.160.210.290.260.090.160.270.20.53-0.07-0.330.13
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-0.33-0.360.25-0.35-0.34-0.060.0-0.29-0.26-0.02-0.07-0.38-0.32-0.410.16-0.42-0.420.580.190.07-0.37-0.3-0.09-0.26-0.47
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0.830.83-0.150.840.830.430.620.820.570.290.830.830.82-0.420.820.370.85-0.45-0.33-0.440.830.33-0.020.10.9
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-0.57-0.640.09-0.53-0.60.0-0.19-0.49-0.120.09-0.16-0.63-0.60.58-0.690.07-0.45-0.650.640.18-0.49-0.350.470.04-0.73
-0.65-0.70.06-0.57-0.680.01-0.13-0.580.030.16-0.13-0.7-0.690.19-0.72-0.11-0.33-0.690.640.47-0.51-0.090.37-0.02-0.65
-0.56-0.60.22-0.45-0.640.04-0.02-0.510.250.27-0.45-0.58-0.630.07-0.62-0.31-0.44-0.570.180.47-0.680.38-0.240.07-0.48
0.840.85-0.330.80.880.430.40.810.330.20.70.820.85-0.370.870.350.830.86-0.49-0.51-0.680.150.12-0.260.81
0.280.240.020.380.210.460.370.320.680.530.170.250.21-0.30.190.010.330.28-0.35-0.090.380.15-0.490.210.34
-0.15-0.16-0.25-0.17-0.110.05-0.23-0.14-0.14-0.070.04-0.18-0.15-0.09-0.10.02-0.02-0.110.470.37-0.240.12-0.49-0.07-0.27
-0.03-0.020.24-0.04-0.07-0.12-0.03-0.05-0.01-0.33-0.080.07-0.04-0.26-0.05-0.090.1-0.010.04-0.020.07-0.260.21-0.070.11
0.890.92-0.080.870.90.260.530.840.410.130.680.920.9-0.470.920.290.90.92-0.73-0.65-0.480.810.34-0.270.11
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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 Total Assets, 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 Next Year
Total Assets25.9 B27.2 B
Intangibles To Total Assets 0.04  0.04 

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 Stock

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Moving against Atmos Stock

  0.48NFE New Fortress Energy Financial Report 2nd of May 2024 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 to buy it.
The correlation of Atmos Energy is a statistical measure of how it moves in relation to other instruments. 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 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
When determining whether Atmos Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atmos Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atmos Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atmos Energy Stock:
Check out the analysis of Atmos Energy Correlation against competitors.
To learn how to invest in Atmos Stock, please use our How to Invest in Atmos Energy guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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
0.087
Dividend Share
3.025
Earnings Share
6.26
Revenue Per Share
26.848
Quarterly Revenue Growth
(0.22)
The market value of Atmos Energy 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 if Atmos Energy is a good investment 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.