Stock Analysis on Net

T-Mobile US Inc. (NASDAQ:TMUS)

Common-Size Balance Sheet: Assets

T-Mobile US Inc., common-size consolidated balance sheet: assets

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 2.47 2.13 3.21 5.19 1.76
Accounts receivable, net of allowance for credit losses 2.26 2.10 2.03 2.14 2.20
Equipment installment plan receivables, net of allowance for credit losses and imputed discount 2.15 2.42 2.30 1.79 2.99
Inventory 0.81 0.89 1.24 1.26 1.11
Prepaid expenses 0.34 0.32 0.36 0.31 0.38
Other current assets 1.13 1.15 0.97 1.25 2.27
Current assets 9.16% 9.02% 10.11% 11.93% 10.71%
Property and equipment, net 19.47 19.91 19.27 20.57 25.29
Financing lease right-of-use assets 1.57 1.54 1.61 1.51 3.12
Property and equipment, net, including financing lease right-of-use assets 21.04% 21.46% 20.88% 22.08% 28.42%
Operating lease right-of-use assets 13.07 13.59 13.05 14.00 12.58
Goodwill 5.89 5.79 5.90 5.55 2.22
Spectrum licenses 46.56 45.33 44.83 41.38 41.95
Other intangible assets, net 1.26 1.66 2.29 2.65 0.13
Intangible assets, net 47.83% 46.99% 47.12% 44.03% 42.08%
Equipment installment plan receivables due after one year, net of allowance for credit losses and imputed discount 0.98 1.20 1.37 1.01 1.82
Other assets 2.04 1.95 1.56 1.39 2.18
Long-term assets 90.84% 90.98% 89.89% 88.07% 89.29%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. T-Mobile US Inc. current assets as a percentage of total assets decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Property and equipment, net, including financing lease right-of-use assets Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. T-Mobile US Inc. property and equipment, net, including financing lease right-of-use assets as a percentage of total assets increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. T-Mobile US Inc. long-term assets as a percentage of total assets increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.