T-Mobile US Inc (TMUS)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 208,035,000 | 207,682,000 | 211,338,000 | 206,563,000 | 200,162,000 |
| Total stockholders’ equity | US$ in thousands | 61,741,000 | 64,715,000 | 69,656,000 | 69,102,000 | 65,344,000 |
| Financial leverage ratio | 3.37 | 3.21 | 3.03 | 2.99 | 3.06 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $208,035,000K ÷ $61,741,000K
= 3.37
The financial leverage ratio of T-Mobile US Inc has exhibited a slight fluctuation over the years, starting at 3.06 on December 31, 2020, and decreasing to 2.99 by the end of 2021. Subsequently, the ratio slightly increased to 3.03 by December 31, 2022, followed by more notable upticks to 3.21 by the end of 2023 and 3.37 as of December 31, 2024. This indicates that the company's reliance on debt to finance its operations and growth has been gradually increasing, potentially signaling an elevated level of financial risk and leverage in its capital structure.