Telephone and Data Systems Inc (TDS)
Debt-to-assets 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 assets | US$ in thousands | 13,921,000 | 14,414,000 | 14,406,000 | 14,539,000 | 14,550,000 | 14,479,000 | 14,242,000 | 14,124,000 | 13,493,000 | 13,446,000 | 12,780,000 | 13,407,000 | 12,525,000 | 11,895,000 | 11,161,000 | 10,895,000 | 10,781,000 | 10,881,000 | 10,795,000 | 10,787,000 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $13,921,000K
= 0.00
The debt-to-assets ratio of Telephone And Data Systems, Inc. has shown a generally stable trend over the past eight quarters. The ratio has fluctuated within a relatively narrow range of 0.24 to 0.29 during this period.
A debt-to-assets ratio measures the proportion of a company's total assets that are financed by debt. A lower ratio indicates lower financial risk, as it suggests that the company relies less on debt to finance its operations. Conversely, a higher ratio may indicate higher financial risk, as it implies a greater reliance on debt for financing.
Telephone And Data Systems, Inc. has maintained a consistent debt-to-assets ratio below 0.30, suggesting a relatively conservative capital structure. This indicates that the company has a strong proportion of assets financed by equity, which can be viewed positively by investors and creditors.
Overall, based on the trend of the debt-to-assets ratio over the past eight quarters, it can be inferred that Telephone And Data Systems, Inc. has been managing its debt levels prudently and maintaining a relatively stable capital structure during this period.
Peer comparison
Dec 31, 2023