AT&T Balance Sheet Health
Financial Health criteria checks 2/6
AT&T has a total shareholder equity of $120.2B and total debt of $123.6B, which brings its debt-to-equity ratio to 102.8%. Its total assets and total liabilities are $394.8B and $274.6B respectively. AT&T's EBIT is $26.5B making its interest coverage ratio 3.9. It has cash and short-term investments of $3.4B.
Key information
102.8%
Debt to equity ratio
US$123.56b
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$3.36b |
| Equity | US$120.23b |
| Total liabilities | US$274.57b |
| Total assets | US$394.80b |
Recent financial health updates
No updates
Recent updates
AT&T: Don't Get FOMO At Peak Valuation
Apr 19
5G And AI Integration Will Strengthen US Communications Infrastructure
Apr 08 Focus on expanding 5G and fiber networks aims to drive growth and enhance earnings, with cost savings improving margins and profitability.AT&T: Dividend Doesn't Lie And Says Hold
Mar 07AT&T: This Could Be A Top To Avoid
Feb 27AT&T: Operational Excellence; Dividend Increase Could Happen
Feb 10AT&T: Take Profits And Look Elsewhere (Rating Downgrade, Technical Analysis)
Feb 04AT&T's Surge Was Very Much Warranted And Investors Should Expect Continued Upside
Jan 28AT&T: Upcoming Earnings Could End 80% Rally (Sell Rating)
Jan 22AT&T Q4 Earnings Preview: All About Free Cash Flow
Jan 14AT&T: A Strong Yield, Selling At A Discount
Dec 27AT&T: Let Your Profit Run (Technical Analysis)
Dec 14Wall Street Lunch: AT&T Banks On Subscriber Growth For Outlook Update
Dec 03AT&T: Preferreds Likely To Outperform Over Next 6 Months
Nov 25AT&T: Could Be A Magnet For Value Investors
Nov 19AT&T: Q3 Marks An Inflection Point
Nov 05
Narrative update from Goran Damchevski
Oct 29I missed my short-term growth expectation of 2%, but maintain that AT&T will achieve $135.2B in 2029.AT&T Vs. Verizon: Which Big Dividend Stock Wins In A Rate-Cut Market?
Oct 23AT&T Stock Is Dynamite (Technical Analysis)
Oct 13AT&T: DirecTV Divestiture Creates More Upside Potential
Oct 07AT&T: An End Of An Era With A Renewed Focus On Core Strengths
Oct 01AT&T: The More It Rises, The More I'll Buy
Sep 22
Narrative update from Stjepan Kalinic
Sep 10Free Cash Flow Growth: AT&T's free cash flow increased by 9.5% year-over-year in Q2, indicating improved financial discipline. This enhanced cash flow allows the company to reduce its debt levels, conAT&T: Upward Momentum Unlikely To Last, Still A Compelling Dividend Buy
Sep 07AT&T: Expecting A Dividend Increase
Jul 25AT&T's Momentum On The Block: A Critical Day Cometh
Jul 17Turning The Ship At AT&T
Jul 08AT&T: High Margin Of Safety
Jun 26AT&T: Focused And Disciplined Value Creation
Jun 12Selling Put Options On AT&T Could Produce Substantial Yields With Reduced Risk
May 23AT&T Has Been In The Penalty Box For Too Long As Debt Is No Longer An Issue
May 15AT&T: Strong Free Cash Flow Growth And Low Churn Encouraging
May 06Narrative update from Goran Damchevski
Apr 30AT&T reported $30B in Q1 revenues down 0.4%, primarily driven by lower equipment sales, while their services grew by $225M. Considering my narrative expectations, a stable revenue performance is goodAT&T: Despite A Painful Miss, Shares Are Trading At A Deep Discount
Apr 25AT&T: Uptrending With A 6.4% Yield, This Is A Buy-Every-Dip Stock
Apr 08AT&T: Breakout Mode
Mar 28Financial Position Analysis
Short Term Liabilities: T's short term assets ($31.2B) do not cover its short term liabilities ($46.9B).
Long Term Liabilities: T's short term assets ($31.2B) do not cover its long term liabilities ($227.7B).
Debt to Equity History and Analysis
Debt Level: T's net debt to equity ratio (100%) is considered high.
Reducing Debt: T's debt to equity ratio has increased from 79.8% to 102.8% over the past 5 years.
Debt Coverage: T's debt is well covered by operating cash flow (31.4%).
Interest Coverage: T's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/21 15:02 |
| End of Day Share Price | 2025/04/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AT&T Inc. is covered by 73 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Charles Beale | Arete Research Services LLP |
| Joseph Bonner | Argus Research Company |
| Christopher Watts | Atlantic Equities LLP |