What does nonregulated — purchase commitment amount maximum mean?

The maximum possible financial cost the company could incur for its non-utility purchase contracts.

How do you interpret nonregulated — purchase commitment amount maximum?

A higher maximum indicates greater potential financial exposure and less flexibility in procurement spending.

How does nonregulated — purchase commitment amount maximum compare across companies?

Used by energy firms to quantify the ceiling of their contractual liabilities in volatile commodity markets.

Atmos Energy ATO Nonregulated — Purchase Commitment Amount Maximum

Discontinued — last reported Q4 '16

Similar metrics at other companies

STWDReal Estate Investment Lending — Purchase Commitment Maximum Amount Committed

$600M—

STWDCommercial And Residential Lending — Purchase Commitment Maximum Amount Committed

$46.5M—

STWDCommercial And Residential Lending — Purchase Commitment Outstanding Amount

$0—

VMCExpenditures under the noncapital purchase commitments

$22.2M-24.5%

EGUnited States, United Kingdom, And Asia Pacific — Aggregate purchase price, not to exceed

$70M—

CGNXAachen Germany — Unrecorded Unconditional Purchase Obligation, Including Lease Not yet Commenced, Total

$8.97M+2.4%

Other financials

Income statement

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Revenue$2.0B+0.6%

Gross profit$1.2B+14.5%

Operating income$764.8M+21.6%

Net income$581.9M+19.8%

EPS (diluted)$3.47+14.5%

Balance sheet

See full

Cash & equivalents$127.1M-76.7%

Total debt$9.7B+13.9%

Total equity$14.9B+13.5%

Total assets$30.4B+12.6%

Cash flow

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Operating cash flow$723.5M-21.6%

CapEx$1.0B+19.5%

Free cash flow-$280.1M—

Valuation

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Market cap$28.39B+24.6%

Enterprise value$38B+23.5%

P/E21.1×+1.0×

P/S5.8×+0.7×

Profitability

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Gross margin75.1%+15.5pp

Operating margin35.9%+2.6pp

Net margin27.6%+2.2pp

FCF margin-40.8%+19.0pp

Returns & leverage

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Return on equity9.6%+0.4pp

Debt / equity0.7×0.0×

Current ratio1×-0.3×

Where this comes from

Reported directly by Atmos Energy in its filing.

Tagged under the XBRL concept ato:PurchaseCommitmentAmountMaximum.

The official record: Atmos Energy’s 10-K, filed November 14, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does nonregulated — purchase commitment amount maximum mean?: The maximum possible financial cost the company could incur for its non-utility purchase contracts.
How do you interpret nonregulated — purchase commitment amount maximum?: A higher maximum indicates greater potential financial exposure and less flexibility in procurement spending.
How does nonregulated — purchase commitment amount maximum compare across companies?: Used by energy firms to quantify the ceiling of their contractual liabilities in volatile commodity markets.