T-Mobile US Inc (TMUS)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 74,197,000 | 71,399,000 | 66,796,000 | 67,076,000 | 61,830,000 |
| Total stockholders’ equity | US$ in thousands | 61,741,000 | 64,715,000 | 69,656,000 | 69,102,000 | 65,344,000 |
| Debt-to-capital ratio | 0.55 | 0.52 | 0.49 | 0.49 | 0.49 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $74,197,000K ÷ ($74,197,000K + $61,741,000K)
= 0.55
The debt-to-capital ratio of T-Mobile US Inc has remained relatively stable over the past few years, ranging from 0.49 at the end of 2020, 2021, and 2022. However, there was a slight increase to 0.52 at the end of 2023, followed by a further increase to 0.55 at the end of 2024. This suggests that the company's level of debt relative to its total capital has been gradually increasing, indicating a potential shift towards higher leverage. It is essential for stakeholders to closely monitor this trend to assess the company's financial risk and ability to meet its debt obligations in the future.