AT&T Inc (T)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 407,060,000 | 406,698,000 | 408,453,000 | 400,873,000 | 402,853,000 | 426,463,000 | 426,433,000 | 577,195,000 | 551,622,000 | 547,107,000 | 544,710,000 | 546,985,000 | 525,761,000 | 538,553,000 | 547,898,000 | 545,354,000 | 551,669,000 | 548,796,000 | 546,914,000 | 548,384,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 for AT&T, Inc. has been relatively stable over the past eight quarters, ranging between 0.31 and 0.36. This ratio indicates that, on average, AT&T finances approximately 34% to 36% of its total assets through debt. A ratio of 0.34 in Q4 2023, for example, suggests that 34% of the company's assets are funded by debt.
The consistent range of the debt-to-assets ratio indicates that AT&T has maintained a balanced capital structure over this period, with a moderate reliance on debt financing. A ratio around 0.30 to 0.40 is generally considered healthy for a company, as it shows a mix of debt and equity in its funding structure.
Analysts should continue to monitor AT&T's debt levels and assess its ability to service its debt obligations, especially in light of changing market conditions and the company's overall financial performance.
Peer comparison
Dec 31, 2023