Discontinued — last reported Q1 '24
Pipeline and Storage — Interest charges
Atmos Energy Pipeline and Storage — Interest charges increased by 7.9% to $18.66M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 17.0%, from $15.95M to $18.66M. Over 2 years (FY 2021 to FY 2023), Pipeline and Storage — Interest charges shows an upward trend with a 13.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Increasing interest charges may indicate higher debt levels or rising interest rates, potentially impacting net profitability.
Detailed definition
This metric reflects the interest expense allocated to the debt financing of the pipeline and storage segment's capital-...
Peer comparison
Comparable to interest expense allocations in other capital-intensive utility segments.
ato_segment_pipeline_and_storage_interest_chargesHistorical Data
| 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 | $12.42M | $11.13M | $11.30M | $13.77M | $13.85M | $13.97M | $13.92M | $15.95M | $15.19M | $15.04M | $17.29M | $18.66M |
| QoQ Change | — | -10.4% | +1.6% | +21.8% | +0.6% | +0.9% | -0.3% | +14.6% | -4.8% | -1.0% | +15.0% | +7.9% |
| YoY Change | — | — | — | — | +11.5% | +25.5% | +23.2% | +15.8% | +9.7% | +7.7% | +24.2% | +17.0% |
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Frequently Asked Questions
- What is Atmos Energy's pipeline and storage — interest charges?
- Atmos Energy (ATO) reported pipeline and storage — interest charges of $18.66M in Q1 2024.
- How has Atmos Energy's pipeline and storage — interest charges changed year-over-year?
- Atmos Energy's pipeline and storage — interest charges increased by 17.0% year-over-year, from $15.95M to $18.66M.
- What is the long-term trend for Atmos Energy's pipeline and storage — interest charges?
- Over 2 years (2021 to 2023), Atmos Energy's pipeline and storage — interest charges has grown at a 13.2% compound annual growth rate (CAGR), from $46.93M to $60.10M.
- What does pipeline and storage — interest charges mean?
- The interest costs associated with debt used to finance pipeline and storage infrastructure.