T-Mobile US Inc (TMUS)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 74,197,000 | — | — | — | 71,399,000 | — | — | 68,035,000 | 66,796,000 | 64,834,000 | 66,552,000 | 66,861,000 | 67,076,000 | 66,645,000 | 65,897,000 | 66,395,000 | 61,830,000 | 58,345,000 | 62,783,000 | 10,959,000 |
| Total assets | US$ in thousands | 208,035,000 | 210,742,000 | 208,557,000 | 206,268,000 | 207,682,000 | 208,579,000 | 210,602,000 | 210,173,000 | 211,338,000 | 213,499,000 | 209,463,000 | 210,653,000 | 206,563,000 | 202,125,000 | 204,124,000 | 203,332,000 | 200,162,000 | 192,443,000 | 187,199,000 | 87,226,000 |
| Debt-to-assets ratio | 0.36 | 0.00 | 0.00 | 0.00 | 0.34 | 0.00 | 0.00 | 0.32 | 0.32 | 0.30 | 0.32 | 0.32 | 0.32 | 0.33 | 0.32 | 0.33 | 0.31 | 0.30 | 0.34 | 0.13 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $74,197,000K ÷ $208,035,000K
= 0.36
The debt-to-assets ratio of T-Mobile US Inc has fluctuated over the analysis period, ranging from as low as 0.13 to as high as 0.36. This ratio indicates the proportion of the company's assets financed through debt. A lower ratio suggests a lower dependence on debt to finance assets, which may indicate a stronger financial position and less risk. On the other hand, a higher ratio may suggest a higher level of leverage and potential risk in servicing debt obligations.
Throughout the period, the trend in the debt-to-assets ratio shows some variability, but there is a general consistency around the range of 0.30 to 0.35 in recent periods. The decrease to 0.00 in the last few quarters indicates either a decrease in debt or a significant increase in assets relative to debt. However, it is essential to consider the reasons behind such significant changes in the ratio to assess the company's overall financial health accurately.
Overall, monitoring the debt-to-assets ratio is crucial for assessing T-Mobile US Inc's financial leverage and risk profile, helping stakeholders gauge the company's ability to meet its debt obligations and manage financial risks effectively.