AT&T Inc (T)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 103,297,000 | 103,703,000 | 101,903,000 | 99,396,000 | 97,500,000 | 122,406,000 | 117,746,000 | 169,036,000 | 166,332,000 | 163,771,000 | 162,296,000 | 165,488,000 | 161,673,000 | 175,553,000 | 175,896,000 | 177,779,000 | 184,221,000 | 183,049,000 | 184,257,000 | 185,112,000 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $103,297,000K)
= 0.00
The debt-to-capital ratio of AT&T, Inc. has remained relatively stable over the last eight quarters, hovering around the range of 0.52 to 0.58. This ratio indicates that, on average, AT&T finances approximately 52% to 58% of its assets through debt, with the remainder being funded by equity.
A consistent debt-to-capital ratio suggests that AT&T has a balanced approach to capital structure management, maintaining a healthy mix of debt and equity financing. However, the slight increase in the ratio from 0.52 in Q3 2022 to 0.58 in Q1 2023 may indicate a slight uptick in debt usage compared to equity. This trend should be monitored to ensure that AT&T's leverage remains within manageable levels and does not pose excessive financial risk.
Peer comparison
Dec 31, 2023