American Tower Balance Sheet Health
Financial Health criteria checks 1/6
American Tower has a total shareholder equity of $10.9B and total debt of $38.9B, which brings its debt-to-equity ratio to 358%. Its total assets and total liabilities are $66.0B and $55.2B respectively. American Tower's EBIT is $3.8B making its interest coverage ratio 3. It has cash and short-term investments of $2.0B.
Key information
358.0%
Debt to equity ratio
US$38.90b
Debt
Interest coverage ratio | 3x |
Cash | US$1.97b |
Equity | US$10.87b |
Total liabilities | US$55.16b |
Total assets | US$66.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A0T's short term assets ($3.7B) do not cover its short term liabilities ($7.2B).
Long Term Liabilities: A0T's short term assets ($3.7B) do not cover its long term liabilities ($47.9B).
Debt to Equity History and Analysis
Debt Level: A0T's net debt to equity ratio (339.9%) is considered high.
Reducing Debt: A0T's debt to equity ratio has increased from 303.9% to 358% over the past 5 years.
Debt Coverage: A0T's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: A0T's interest payments on its debt are well covered by EBIT (3x coverage).