AT&T Balance Sheet Health
Financial Health criteria checks 2/6
AT&T has a total shareholder equity of $118.3B and total debt of $130.7B, which brings its debt-to-equity ratio to 110.5%. Its total assets and total liabilities are $393.7B and $275.5B respectively. AT&T's EBIT is $25.8B making its interest coverage ratio 3.8. It has cash and short-term investments of $2.6B.
Key information
110.5%
Debt to equity ratio
US$130.67b
Debt
| Interest coverage ratio | 3.8x |
| Cash | US$2.65b |
| Equity | US$118.26b |
| Total liabilities | US$275.46b |
| Total assets | US$393.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOBA's short term assets ($29.8B) do not cover its short term liabilities ($40.7B).
Long Term Liabilities: SOBA's short term assets ($29.8B) do not cover its long term liabilities ($234.8B).
Debt to Equity History and Analysis
Debt Level: SOBA's net debt to equity ratio (108.3%) is considered high.
Reducing Debt: SOBA's debt to equity ratio has increased from 87.4% to 110.5% over the past 5 years.
Debt Coverage: SOBA's debt is well covered by operating cash flow (29.3%).
Interest Coverage: SOBA's interest payments on its debt are well covered by EBIT (3.8x coverage).