Telephone and Data Systems Inc (TDS)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,091,000 | 5,202,000 | 5,849,000 | 5,927,000 | 4,804,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,091,000K
= 0.00
The debt-to-equity ratio for Telephone and Data Systems Inc has remained consistently at 0.00 for the years ending December 31 in 2020, 2021, 2022, 2023, and 2024. This indicates that the company has no debt or has a negligible amount of debt in relation to its equity. A debt-to-equity ratio of 0.00 typically signifies that the company is primarily funded by equity rather than debt, which may indicate a strong financial position and lower financial risk. However, it is important to consider other financial metrics and factors to comprehensively assess the company's overall financial health and sustainability.
Peer comparison
Dec 31, 2024