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.