AT&T Inc (T)

Current ratio

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Total current assets US$ in thousands 36,458,000 35,620,000 36,672,000 29,903,000 33,108,000 32,295,000 34,485,000 76,856,000 170,768,000 57,230,000 62,869,000 62,754,000 52,008,000 49,971,000 56,555,000 52,704,000 54,761,000 50,695,000 47,218,000 46,472,000
Total current liabilities US$ in thousands 51,127,000 51,684,000 54,159,000 58,150,000 56,173,000 52,257,000 49,189,000 82,494,000 106,230,000 81,601,000 82,126,000 76,608,000 63,438,000 59,565,000 69,469,000 69,704,000 68,911,000 68,126,000 66,376,000 64,652,000
Current ratio 0.71 0.69 0.68 0.51 0.59 0.62 0.70 0.93 1.61 0.70 0.77 0.82 0.82 0.84 0.81 0.76 0.79 0.74 0.71 0.72

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $36,458,000K ÷ $51,127,000K
= 0.71

The current ratio of AT&T, Inc. has shown some fluctuations over the past eight quarters. The current ratio measures the company's ability to cover its short-term obligations with its current assets.

In Q4 2023, the current ratio stood at 0.71, which indicates that the company had current assets equivalent to 71% of its current liabilities. This marks a slight improvement from the previous quarter's ratio of 0.69 and shows a positive trend.

The current ratio had been on a declining trend from Q1 2023 to Q3 2023, reaching its lowest point of 0.51 in Q1 2023. A ratio below 1 suggests that AT&T might be facing challenges in meeting its short-term obligations with its current assets during that period.

Comparing Q4 2023 to the same quarter in the previous year (Q4 2022), there has been an improvement in the current ratio from 0.59 to 0.71, indicating a stronger ability to cover short-term liabilities with current assets.

Overall, while the current ratio of AT&T has shown some volatility, the recent uptick in the ratio suggests a better position in terms of liquidity compared to previous quarters. However, it is essential to keep monitoring this ratio to ensure the company's ability to meet its short-term obligations remains stable.


Peer comparison

Dec 31, 2023


See also:

AT&T Inc Current Ratio (Quarterly Data)