Telephone and Data Systems Inc (TDS)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 5,202,000 | 5,726,000 | 5,752,000 | 5,816,000 | 5,849,000 | 5,904,000 | 5,939,000 | 5,960,000 | 5,927,000 | 5,911,000 | 5,221,000 | 5,252,000 | 4,804,000 | 4,804,000 | 4,738,000 | 4,720,000 | 4,653,000 | 4,646,000 | 4,625,000 | 4,611,000 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,202,000K
= 0.00
The debt-to-equity ratio of Telephone And Data Systems, Inc. has shown a generally increasing trend over the past two years. The ratio has been on an upward trajectory, moving from 0.58 in Q1 2022 to 0.79 in Q4 2023. This indicates that the company has been relying more on debt financing relative to equity financing during this period.
While an increasing debt-to-equity ratio may suggest higher financial risk due to the company's increased reliance on borrowing, it can also indicate potential leverage for growth or investment opportunities. It is important to further analyze the company's financial statements and business activities to fully understand the implications of the changing debt-to-equity ratio.
Peer comparison
Dec 31, 2023