AT&T Inc (T)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 394,795,000 | 407,060,000 | 402,853,000 | 551,622,000 | 525,761,000 |
| Total stockholders’ equity | US$ in thousands | 104,372,000 | 103,297,000 | 97,500,000 | 166,332,000 | 161,673,000 |
| Financial leverage ratio | 3.78 | 3.94 | 4.13 | 3.32 | 3.25 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $394,795,000K ÷ $104,372,000K
= 3.78
The financial leverage ratio of AT&T Inc has shown a slight increasing trend from 3.25 in December 2020 to 3.78 in December 2024. This indicates that the company's reliance on debt to finance its operations has been relatively stable over the years, with a moderate increase in leverage. However, the ratio spiked to 4.13 in December 2022, which suggests a temporary increase in debt relative to equity during that period. Overall, AT&T Inc's financial leverage ratio remains within a range that indicates a balanced mix of debt and equity in its capital structure.
Peer comparison
Dec 31, 2024