Telephone and Data Systems Inc (TDS)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 13,683,000 | 13,921,000 | 14,550,000 | 13,493,000 | 12,525,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $13,683,000K
= 0.00
The debt-to-assets ratio of Telephone and Data Systems Inc has been consistently 0.00 over the past five years from December 31, 2020, to December 31, 2024. This implies that the company has not relied on debt financing to fund its assets during this period. A debt-to-assets ratio of 0.00 indicates that the company's assets are primarily financed through equity rather than debt, which can be viewed positively by investors and creditors, as it signifies a lower risk of financial distress due to excessive leverage. It suggests the company has a strong financial position and may have ample liquidity to support its operations and future growth without depending heavily on debt.
Peer comparison
Dec 31, 2024