American Tower Balance Sheet Health
Financial Health criteria checks 1/6
American Tower has a total shareholder equity of $10.2B and total debt of $37.1B, which brings its debt-to-equity ratio to 363.8%. Its total assets and total liabilities are $62.8B and $52.6B respectively. American Tower's EBIT is $4.6B making its interest coverage ratio 3.6. It has cash and short-term investments of $2.2B.
Key information
363.8%
Debt to equity ratio
US$37.08b
Debt
| Interest coverage ratio | 3.6x |
| Cash | US$2.15b |
| Equity | US$10.19b |
| Total liabilities | US$52.62b |
| Total assets | US$62.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A0T's short term assets ($3.4B) do not cover its short term liabilities ($7.1B).
Long Term Liabilities: A0T's short term assets ($3.4B) do not cover its long term liabilities ($45.6B).
Debt to Equity History and Analysis
Debt Level: A0T's net debt to equity ratio (342.7%) is considered high.
Reducing Debt: A0T's debt to equity ratio has increased from 336.8% to 363.8% over the past 5 years.
Debt Coverage: A0T's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: A0T's interest payments on its debt are well covered by EBIT (3.6x coverage).