AT&T Inc (T)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 394,795,000 | 393,719,000 | 398,026,000 | 399,428,000 | 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 |
| Total stockholders’ equity | US$ in thousands | 104,372,000 | 102,351,000 | 105,310,000 | 104,540,000 | 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 |
| Financial leverage ratio | 3.78 | 3.85 | 3.78 | 3.82 | 3.94 | 3.92 | 4.01 | 4.03 | 4.13 | 3.48 | 3.62 | 3.41 | 3.32 | 3.34 | 3.36 | 3.31 | 3.25 | 3.07 | 3.11 | 3.07 |
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 fluctuations over the years, ranging from 3.07 to 4.13. A higher financial leverage ratio indicates that a company relies more on debt to finance its operations compared to equity.
AT&T Inc's financial leverage ratio increased significantly from 3.07 in March 2020 to 4.13 in December 2022, suggesting a higher level of debt compared to equity during this period. This spike could indicate higher borrowing to fund expansion, acquisitions, or other strategic initiatives.
Subsequently, the financial leverage ratio decreased to 3.78 by December 2024, reflecting a reduction in the company's reliance on debt financing. This decline could be attributed to debt repayment, improved profitability, or a shift in the capital structure towards equity financing.
Overall, AT&T Inc's financial leverage ratio has demonstrated fluctuations, highlighting the company's evolving capital structure and its ability to manage debt levels effectively. Investors and stakeholders may closely monitor these changes to assess the company's risk profile and financial health.
Peer comparison
Dec 31, 2024