AT&T Inc (T)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $103,297,000K
= 0.00
The debt-to-equity ratio for AT&T, Inc. has shown some fluctuations over the past eight quarters, ranging from 1.09 to 1.41. In Q4 2022, the ratio was at its lowest point of 1.09, indicating a lower level of debt relative to equity. However, the ratio gradually increased in subsequent quarters, peaking at 1.41 in Q2 2023 before slightly decreasing to 1.33 in Q4 2023.
Overall, the trend suggests that AT&T has been relying more on debt funding compared to equity over the past two years. A higher debt-to-equity ratio could indicate higher financial risk and leverage for the company, as it implies a higher proportion of debt in its capital structure. It is important for investors and stakeholders to monitor this ratio closely to assess AT&T's financial health and risk profile.
Peer comparison
Dec 31, 2023