T-Mobile US Inc (TMUS)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 61,741,000 | 64,250,000 | 62,636,000 | 62,074,000 | 64,715,000 | 64,698,000 | 65,750,000 | 66,925,000 | 69,656,000 | 70,150,000 | 70,034,000 | 69,976,000 | 69,102,000 | 68,427,000 | 67,470,000 | 66,377,000 | 65,344,000 | 64,487,000 | 62,996,000 | 28,977,000 |
| Debt-to-equity ratio | 1.20 | 0.00 | 0.00 | 0.00 | 1.10 | 0.00 | 0.00 | 1.02 | 0.96 | 0.92 | 0.95 | 0.96 | 0.97 | 0.97 | 0.98 | 1.00 | 0.95 | 0.90 | 1.00 | 0.38 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $74,197,000K ÷ $61,741,000K
= 1.20
The debt-to-equity ratio of T-Mobile US Inc has fluctuated over the provided period. It started at a relatively low level of 0.38 on March 31, 2020, indicating a lower dependence on debt compared to equity for financing. However, the ratio increased significantly to 1.00 on June 30, 2020, signaling an equal proportion of debt and equity in the company's capital structure.
Thereafter, the ratio remained elevated above 0.90 until March 31, 2021, suggesting a relatively higher level of debt utilized to finance the company's operations. From then on, the debt-to-equity ratio fluctuated around the range of 0.95 to 1.02 until December 31, 2023, with some periods indicating a higher debt reliance, notably reaching 1.10 on December 31, 2023.
It is worth noting that the ratios dropped sharply to 0.00 on June 30, 2023, September 30, 2023, and subsequently, December 31, 2023, implying a potential deviation in the data or a significant transformation in the company's financial structure during those periods. The ratio then increased to 1.20 by December 31, 2024, indicating a higher proportion of debt compared to equity at the end of the given period.
Overall, the analysis of T-Mobile US Inc's debt-to-equity ratio highlights fluctuations in the company's capital structure and financial leverage over time, which may be influenced by various factors such as financing decisions, business operations, and economic conditions.