Discontinued — last reported Q1 '24
Business Segments · Interest charges
Distribution — Interest charges
Atmos Energy Distribution — Interest charges increased by 6.4% to $36.78M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 71.7%, from $21.42M to $36.78M. Over 2 years (FY 2021 to FY 2023), Distribution — Interest charges shows an upward trend with a 45.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryLeverage
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2024
Rolls up toInterest Expense
How to read this metric
An increase reflects higher debt levels or rising interest rates, potentially impacting segment profitability.
Detailed definition
The portion of the company's total interest expense allocated to the distribution segment, reflecting the cost of debt f...
Peer comparison
Standard for capital-intensive utilities; peers are compared based on interest coverage ratios.
Metric ID:
ato_segment_distribution_interest_chargesHistorical Data
12 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.54M | $3.36M | $8.55M | $15.16M | $12.34M | $13.88M | $22.84M | $21.42M | $16.15M | $16.78M | $34.58M | $36.78M |
| QoQ Change | — | -60.7% | +154.4% | +77.3% | -18.6% | +12.4% | +64.6% | -6.2% | -24.6% | +3.9% | +106.1% | +6.4% |
| YoY Change | — | — | — | — | +44.5% | +312.9% | +167.2% | +41.3% | +30.8% | +20.9% | +51.4% | +71.7% |
Range$3.36M – $36.78M
CAGR+70.1%
Avg YoY Growth+92.6%
Median YoY Growth+48.0%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Atmos Energy's distribution — interest charges?
- Atmos Energy (ATO) reported distribution — interest charges of $36.78M in Q1 2024.
- How has Atmos Energy's distribution — interest charges changed year-over-year?
- Atmos Energy's distribution — interest charges increased by 71.7% year-over-year, from $21.42M to $36.78M.
- What is the long-term trend for Atmos Energy's distribution — interest charges?
- Over 2 years (2021 to 2023), Atmos Energy's distribution — interest charges has grown at a 45.2% compound annual growth rate (CAGR), from $36.63M to $77.19M.
- What does distribution — interest charges mean?
- The interest costs attributed to the debt used to fund the distribution business.