Antero Midstream Bonds

AM -  USA Stock  

USD 9.97  0.12  1.19%

Antero Midstream's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. Antero Midstream's financial risk is the risk to Antero Midstream stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Please continue to the analysis of Antero Midstream Fundamentals Over Time.

Search Bonds 

 
Refresh
Antero Midstream Total Debt is relatively stable at the moment as compared to the past year. The company's current value of Total Debt is estimated at 3.36 Billion. Debt Non Current is expected to hike to about 3.4 B this year, although the value of Debt to Equity Ratio will most likely fall to 1.21.

Antero Midstream Quarterly Debt to Equity Ratio

1.353Share
Given the importance of Antero Midstream's capital structure, the first step in the capital decision process is for the management of Antero Midstream to decide how much external capital it will need to raise to operate in a sustainable way. Once the amount of financing is determined, management needs to examine the financial markets to determine the terms in which the company can boost capital. This move is crucial to the process because the market environment may reduce the ability of Antero Midstream Corp to issue bonds at a reasonable cost.

Antero Midstream Bond Ratings

Antero Midstream Corp bond ratings play a critical role in determining how much Antero Midstream have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Antero Midstream's borrowing costs.
Overall Bond Rating
Very Dengeouse
Average S&P Rating
CCC-
Piotroski F Score
4  Poor
Beneish M Score

Antero Midstream Corp Debt to Cash Allocation

As Antero Midstream Corp follows its natural business cycle, the capital allocation decisions will not magically go away. Antero Midstream's decision-makers have to determine if most of the cash flows will be poured back into or reinvested in the business, reserved for other projects beyond operational needs, or paid back to stakeholders and investors. Many companies eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
The company reports 3.1 B of total liabilities with total debt to equity ratio (D/E) of 1.32, which is normal for its line of buisiness. Antero Midstream Corp has a current ratio of 1.12, indicating that it is in a questionable position to pay out its debt commitments in time.

Antero Midstream Total Assets Over Time

Antero Midstream Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Antero Midstream uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Antero Midstream Debt Ratio

    
  55.49   
It appears without question that nearly 44% of Antero Midstream's assets are financed be debt. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Antero Midstream's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Antero Midstream, which in turn will lower the firm's financial flexibility. Like all other financial ratios, an Antero Midstream debt ratio should be compared their industry average or other competing firms.
Share Download
Share Download

Antero Midstream Corporate Bonds Issued

Antero Midstream issues bonds to finance its operations. Corporate bonds make up one of the most significant components of the U.S. bond market and are considered the world's largest securities market. Antero Midstream Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Antero bonds can be classified according to their maturity, which is the date when Antero Midstream Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Issue DateMaturityCouponRef Coupon  Rating
Antero 08012028 6107/27/199808/01/20286.12.25
NA
Antero 12012021 737511/30/201112/01/20217.3752.0
B

Antero Midstream Corp Historical Liabilities

While analyzing the current debt level is an essential aspect of forecasting the current year budgeting needs of Antero Midstream, understanding its historical liability is critical in projecting Antero Midstream's future earnings, especially during periods of low and high inflation and deflation. Many analysts look at the trend in assets and liabilities and evaluate how Antero Midstream uses its financing power over time.

Understaning Antero Midstream Use of Financial Leverage

Antero Midstream financial leverage ratio helps in determining the effect of debt on the overall profitability of the company. It measures Antero Midstream's total debt position, including all of outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Antero Midstream assets, the company is considered highly leveraged. Understanding the composition and structure of overall Antero Midstream debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business and if it is worth investing in it.
Please read more on our technical analysis page.
Last ReportedProjected for 2021
Total Debt3.1 B3.4 B
Debt Non Current3.1 B3.4 B
Issuance Repayment of Debt Securities197.7 M243.6 M
Debt to Equity Ratio 1.32  1.21 
Antero Midstream Corporation owns, operates, and develops midstream energy infrastructure. The company was incorporated in 2013 and is headquartered in Denver, Colorado. Antero Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 522 people.

Antero Midstream Investors Sentiment

The influence of Antero Midstream's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Antero. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - AM

Antero Midstream Corp Investor Sentiment

Larger part of Macroaxis users are presently bullish on Antero Midstream Corp. What is your sentiment towards investing in Antero Midstream Corp? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Pair Trading with Antero Midstream

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 Antero Midstream 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 Antero Midstream will appreciate offsetting losses from the drop in the long position's value.

Antero Midstream Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Antero Midstream and Energy Transfer LP. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Please continue to the analysis of Antero Midstream Fundamentals Over Time. Note that the Antero Midstream Corp information on this page should be used as a complementary analysis to other Antero Midstream'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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Antero Midstream Stock analysis

When running Antero Midstream Corp price analysis, check to measure Antero Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Antero Midstream is operating at the current time. Most of Antero Midstream's value examination focuses on studying past and present price action to predict the probability of Antero Midstream's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Antero Midstream's price. Additionally, you may evaluate how the addition of Antero Midstream to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
The market value of Antero Midstream Corp is measured differently than its book value, which is the value of Antero that is recorded on the company's balance sheet. Investors also form their own opinion of Antero Midstream's value that differs from its market value or its book value, called intrinsic value, which is Antero Midstream'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 Antero Midstream's market value can be influenced by many factors that don't directly affect Antero Midstream Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Antero Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine Antero Midstream value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antero Midstream'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.