AT&T Inc (T)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 407,060,000 | 402,853,000 | 551,622,000 | 525,761,000 | 551,669,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $407,060,000K
= 0.00
The debt-to-assets ratio of AT&T, Inc. has shown a slight increase from 0.30 in 2019 to 0.34 in both 2022 and 2023. This indicates that AT&T relies on debt to finance a higher proportion of its assets over the years. While the ratio has fluctuated slightly, it has remained relatively stable around the 0.30-0.34 range, suggesting that AT&T has been managing its debt levels in relation to its total assets consistently. A higher debt-to-assets ratio may indicate higher financial risk, as it implies that a larger proportion of the company's assets are financed by debt. Monitoring this ratio over time can provide insights into AT&T's capital structure and financial health.
Peer comparison
Dec 31, 2023