AT&T Inc (T)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 31,168,000 | 29,799,000 | 29,868,000 | 30,445,000 | 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 |
| Total current liabilities | US$ in thousands | 46,872,000 | 40,658,000 | 42,429,000 | 44,834,000 | 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 |
| Current ratio | 0.66 | 0.73 | 0.70 | 0.68 | 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 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $31,168,000K ÷ $46,872,000K
= 0.66
The current ratio of AT&T Inc, which measures the company's ability to cover its short-term obligations with its current assets, has fluctuated over the period from March 31, 2020, to December 31, 2024.
The current ratio started at a relatively low level of 0.76 on March 31, 2020, indicating that AT&T had slightly less current assets than current liabilities. The ratio improved slightly over the next few quarters, reaching 0.84 on September 30, 2020. However, it dipped to 0.77 on June 30, 2021, and further declined to 0.70 on September 30, 2021, reflecting potential liquidity concerns.
A significant improvement was seen on December 31, 2021, with the current ratio surging to 1.61, indicating a substantial increase in current assets or a reduction in current liabilities. This improvement may suggest better liquidity and ability to meet short-term obligations comfortably.
Subsequently, the current ratio fluctuated between 0.51 and 0.73 from March 31, 2022, to December 31, 2024. These fluctuations suggest variations in the company's short-term liquidity position during this period.
Overall, while the current ratio of AT&T Inc experienced some volatility, especially in the earlier periods, the substantial increase on December 31, 2021, followed by relatively stable levels in the later periods, indicates improved liquidity and ability to meet short-term obligations.
Peer comparison
Dec 31, 2024