AT&T Balance Sheet Health
Financial Health criteria checks 2/6
AT&T has a total shareholder equity of $120.6B and total debt of $134.8B, which brings its debt-to-equity ratio to 111.8%. Its total assets and total liabilities are $399.4B and $278.8B respectively. AT&T's EBIT is $26.0B making its interest coverage ratio 3.9. It has cash and short-term investments of $3.6B.
Key information
111.8%
Debt to equity ratio
US$134.79b
Debt
Interest coverage ratio | 3.9x |
Cash | US$3.59b |
Equity | US$120.60b |
Total liabilities | US$278.83b |
Total assets | US$399.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T's short term assets ($30.4B) do not cover its short term liabilities ($44.8B).
Long Term Liabilities: T's short term assets ($30.4B) do not cover its long term liabilities ($234.0B).
Debt to Equity History and Analysis
Debt Level: T's net debt to equity ratio (108.8%) is considered high.
Reducing Debt: T's debt to equity ratio has increased from 91.6% to 111.8% over the past 5 years.
Debt Coverage: T's debt is well covered by operating cash flow (29.1%).
Interest Coverage: T's interest payments on its debt are well covered by EBIT (3.9x coverage).