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
American Tower: Buy-And-Hold Investors Should Be Euphoric About This Bargain
Apr 21American Tower: Don't Be Fooled By The Dividend Cut
Mar 25Growth Or Dividends? Get Both With American Tower
Mar 02American Tower Has Dividend Power
Feb 22American Tower: Mobile Trends Fueling Expansion But Not A Buy Yet
Feb 06American Tower: There's Still Time To Buy This Wonderful REIT
Jan 05American Tower Is Too Expensive
Dec 04American Tower: 2-Notch Upgrade From Sell To Buy
Nov 28Down 40% - 3.6%-Yielding American Tower Is A Deep-Value Opportunity
Nov 02American Tower: I Agree With Wall Street On This One
Oct 26The Towering Inferno: SBA Communications And American Tower Entering Buy-Zones
Sep 28It's The Best Time In History To Buy American Tower
Sep 202 Insanely Cheap REITs I Am Buying
Sep 06Crown Castle Vs. American Tower: Only One Deserves To Be Called King
Aug 27Who Else Is Doubling Down On Cell Tower REITs?
Aug 08American Tower: Too Depressed But Buyers' Redemption Is Likely Close
Jul 26From Towers To Cash Flow: American Tower's Winning Formula
Jun 25Buy American Tower For Income
May 24Skeptical American Tower would look to acquire Cellnex - analyst
Jan 23American Tower raised at Goldman as rates-driven slump creates buying opportunity
Jan 10American Tower: Ignore The Market's Signals
Dec 19American Tower lifts dividend by 6.1% to $1.56/share
Dec 08Buying The Dip In American Tower Corporation
Nov 14American Tower Q3 2022 Earnings Preview
Oct 26American Tower's Debt And Global Footprint Are Reasons For Caution
Oct 13American Tower lifts dividend by ~3% to $1.47/share
Sep 22American Tower: Still A Great Prospect If You're Willing To Pay The Price
Sep 10With EPS Growth And More, American Tower (NYSE:AMT) Makes An Interesting Case
Aug 24
American Tower Corporation: Growing Vertically, Not Horizontally
Aug 03American Tower: From TowerCo To Digital Infrastructure REIT
Jul 08American Tower And Crown Castle: Back Into Buy Territory
Jun 21Financial Position Analysis
Short Term Liabilities: AMT's short term assets ($3.7B) do not cover its short term liabilities ($7.2B).
Long Term Liabilities: AMT's short term assets ($3.7B) do not cover its long term liabilities ($47.9B).
Debt to Equity History and Analysis
Debt Level: AMT's net debt to equity ratio (339.9%) is considered high.
Reducing Debt: AMT's debt to equity ratio has increased from 303.9% to 358% over the past 5 years.
Debt Coverage: AMT's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: AMT's interest payments on its debt are well covered by EBIT (3x coverage).