Analysis of Solvency Ratios
Quarterly Data
Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.
Solvency Ratios (Summary)
T-Mobile US Inc., solvency ratios (quarterly data)
Based on: 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | T-Mobile US Inc. debt to equity ratio deteriorated from Q4 2023 to Q1 2024 but then slightly improved from Q1 2024 to Q2 2024. |
| Debt to equity (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | T-Mobile US Inc. debt to equity ratio (including operating lease liability) deteriorated from Q4 2023 to Q1 2024 but then slightly improved from Q1 2024 to Q2 2024. |
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | T-Mobile US Inc. debt to capital ratio deteriorated from Q4 2023 to Q1 2024 but then slightly improved from Q1 2024 to Q2 2024. |
| Debt to capital (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. | T-Mobile US Inc. debt to capital ratio (including operating lease liability) deteriorated from Q4 2023 to Q1 2024 but then slightly improved from Q1 2024 to Q2 2024. |
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | T-Mobile US Inc. debt to assets ratio deteriorated from Q4 2023 to Q1 2024 but then slightly improved from Q1 2024 to Q2 2024. |
| Debt to assets (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | T-Mobile US Inc. debt to assets ratio (including operating lease liability) deteriorated from Q4 2023 to Q1 2024 but then improved from Q1 2024 to Q2 2024 not reaching Q4 2023 level. |
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | T-Mobile US Inc. financial leverage ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
| Solvency ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | T-Mobile US Inc. interest coverage ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Debt to Equity
T-Mobile US Inc., debt to equity calculation (quarterly data)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Short-term debt | 5,867) | 5,356) | 3,619) | 3,437) | 7,731) | 5,215) | 5,164) | 7,398) | 2,942) | 2,865) | 3,378) | 2,096) | 4,648) | 4,423) | 4,579) | 3,713) | 3,818) | —) | 25) | 475) | 300) | 250) | |||||||
| Short-term debt to affiliates | —) | —) | —) | —) | —) | —) | —) | —) | —) | 1,250) | 2,245) | 2,240) | 2,235) | —) | —) | —) | 1,235) | 2,000) | —) | —) | —) | 598) | |||||||
| Short-term financing lease liabilities | 1,252) | 1,265) | 1,260) | 1,286) | 1,220) | 1,180) | 1,161) | 1,239) | 1,220) | 1,121) | 1,120) | 1,154) | 1,045) | 1,013) | 1,063) | 1,050) | 1,040) | 918) | 957) | 1,013) | 963) | 911) | |||||||
| Long-term debt | 70,203) | 71,361) | 69,903) | 70,365) | 68,646) | 68,035) | 65,301) | 64,834) | 66,552) | 66,861) | 67,076) | 66,645) | 65,897) | 66,395) | 61,830) | 58,345) | 62,783) | 10,959) | 10,958) | 10,956) | 10,954) | 10,952) | |||||||
| Long-term debt to affiliates | 1,496) | 1,496) | 1,496) | 1,496) | 1,495) | 1,495) | 1,495) | 1,495) | 1,495) | 1,494) | 1,494) | 1,494) | 2,490) | 4,721) | 4,716) | 4,711) | 4,706) | 11,987) | 13,986) | 13,986) | 13,985) | 13,985) | |||||||
| Long-term financing lease liabilities | 1,133) | 1,163) | 1,236) | 1,273) | 1,254) | 1,284) | 1,370) | 1,590) | 1,597) | 1,447) | 1,455) | 1,587) | 1,376) | 1,316) | 1,444) | 1,373) | 1,416) | 1,276) | 1,346) | 1,440) | 1,314) | 1,224) | |||||||
| Total debt | 79,951) | 80,641) | 77,514) | 77,857) | 80,346) | 77,209) | 74,491) | 76,556) | 73,806) | 75,038) | 76,768) | 75,216) | 77,691) | 77,868) | 73,632) | 69,192) | 74,998) | 27,140) | 27,272) | 27,870) | 27,516) | 27,920) | |||||||
| Stockholders’ equity | 62,636) | 62,074) | 64,715) | 64,698) | 65,750) | 66,925) | 69,656) | 70,150) | 70,034) | 69,976) | 69,102) | 68,427) | 67,470) | 66,377) | 65,344) | 64,487) | 62,996) | 28,977) | 28,789) | 27,771) | 26,967) | 26,181) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to equity1 | 1.28 | 1.30 | 1.20 | 1.20 | 1.22 | 1.15 | 1.07 | 1.09 | 1.05 | 1.07 | 1.11 | 1.10 | 1.15 | 1.17 | 1.13 | 1.07 | 1.19 | 0.94 | 0.95 | 1.00 | 1.02 | 1.07 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Equity, Competitors2 | |||||||||||||||||||||||||||||
| AT&T Inc. | 1.24 | 1.27 | 1.33 | 1.33 | 1.41 | 1.38 | 1.39 | 1.09 | 1.15 | 1.23 | 1.07 | 1.09 | 1.11 | 1.09 | 0.97 | 0.91 | 0.96 | 0.92 | 0.89 | 0.90 | 0.93 | 0.95 | |||||||
| Verizon Communications Inc. | 1.55 | 1.61 | 1.63 | 1.51 | 1.60 | 1.65 | 1.65 | 1.69 | 1.73 | 1.83 | 1.84 | 1.96 | 2.06 | 2.23 | 1.90 | 1.78 | 1.80 | 1.96 | 1.82 | 1.86 | 2.00 | 2.03 | |||||||
Based on: 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q2 2024 Calculation
Debt to equity = Total debt ÷ Stockholders’ equity
= 79,951 ÷ 62,636 = 1.28
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | T-Mobile US Inc. debt to equity ratio deteriorated from Q4 2023 to Q1 2024 but then slightly improved from Q1 2024 to Q2 2024. |
Debt to Equity (including Operating Lease Liability)
T-Mobile US Inc., debt to equity (including operating lease liability) calculation (quarterly data)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Short-term debt | 5,867) | 5,356) | 3,619) | 3,437) | 7,731) | 5,215) | 5,164) | 7,398) | 2,942) | 2,865) | 3,378) | 2,096) | 4,648) | 4,423) | 4,579) | 3,713) | 3,818) | —) | 25) | 475) | 300) | 250) | |||||||
| Short-term debt to affiliates | —) | —) | —) | —) | —) | —) | —) | —) | —) | 1,250) | 2,245) | 2,240) | 2,235) | —) | —) | —) | 1,235) | 2,000) | —) | —) | —) | 598) | |||||||
| Short-term financing lease liabilities | 1,252) | 1,265) | 1,260) | 1,286) | 1,220) | 1,180) | 1,161) | 1,239) | 1,220) | 1,121) | 1,120) | 1,154) | 1,045) | 1,013) | 1,063) | 1,050) | 1,040) | 918) | 957) | 1,013) | 963) | 911) | |||||||
| Long-term debt | 70,203) | 71,361) | 69,903) | 70,365) | 68,646) | 68,035) | 65,301) | 64,834) | 66,552) | 66,861) | 67,076) | 66,645) | 65,897) | 66,395) | 61,830) | 58,345) | 62,783) | 10,959) | 10,958) | 10,956) | 10,954) | 10,952) | |||||||
| Long-term debt to affiliates | 1,496) | 1,496) | 1,496) | 1,496) | 1,495) | 1,495) | 1,495) | 1,495) | 1,495) | 1,494) | 1,494) | 1,494) | 2,490) | 4,721) | 4,716) | 4,711) | 4,706) | 11,987) | 13,986) | 13,986) | 13,985) | 13,985) | |||||||
| Long-term financing lease liabilities | 1,133) | 1,163) | 1,236) | 1,273) | 1,254) | 1,284) | 1,370) | 1,590) | 1,597) | 1,447) | 1,455) | 1,587) | 1,376) | 1,316) | 1,444) | 1,373) | 1,416) | 1,276) | 1,346) | 1,440) | 1,314) | 1,224) | |||||||
| Total debt | 79,951) | 80,641) | 77,514) | 77,857) | 80,346) | 77,209) | 74,491) | 76,556) | 73,806) | 75,038) | 76,768) | 75,216) | 77,691) | 77,868) | 73,632) | 69,192) | 74,998) | 27,140) | 27,272) | 27,870) | 27,516) | 27,920) | |||||||
| Short-term operating lease liabilities | 3,202) | 3,443) | 3,555) | 3,545) | 3,289) | 3,441) | 3,512) | 3,367) | 3,348) | 3,252) | 3,425) | 3,077) | 3,577) | 3,498) | 3,868) | 3,658) | 4,164) | 2,187) | 2,287) | 2,232) | 2,268) | 2,202) | |||||||
| Long-term operating lease liabilities | 27,272) | 27,827) | 28,240) | 28,677) | 29,053) | 29,379) | 29,855) | 30,271) | 30,916) | 31,187) | 25,818) | 26,279) | 26,515) | 26,602) | 26,719) | 26,658) | 15,487) | 10,464) | 10,539) | 10,614) | 10,145) | 9,339) | |||||||
| Total debt (including operating lease liability) | 110,425) | 111,911) | 109,309) | 110,079) | 112,688) | 110,029) | 107,858) | 110,194) | 108,070) | 109,477) | 106,011) | 104,572) | 107,783) | 107,968) | 104,219) | 99,508) | 94,649) | 39,791) | 40,098) | 40,716) | 39,929) | 39,461) | |||||||
| Stockholders’ equity | 62,636) | 62,074) | 64,715) | 64,698) | 65,750) | 66,925) | 69,656) | 70,150) | 70,034) | 69,976) | 69,102) | 68,427) | 67,470) | 66,377) | 65,344) | 64,487) | 62,996) | 28,977) | 28,789) | 27,771) | 26,967) | 26,181) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to equity (including operating lease liability)1 | 1.76 | 1.80 | 1.69 | 1.70 | 1.71 | 1.64 | 1.55 | 1.57 | 1.54 | 1.56 | 1.53 | 1.53 | 1.60 | 1.63 | 1.59 | 1.54 | 1.50 | 1.37 | 1.39 | 1.47 | 1.48 | 1.51 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Equity (including Operating Lease Liability), Competitors2 | |||||||||||||||||||||||||||||
| AT&T Inc. | 1.40 | 1.44 | 1.50 | 1.50 | 1.59 | 1.57 | 1.59 | 1.24 | 1.31 | 1.35 | 1.19 | 1.23 | 1.24 | 1.22 | 1.11 | 1.03 | 1.09 | 1.05 | 1.00 | 1.02 | 1.04 | 1.05 | |||||||
| Verizon Communications Inc. | 1.80 | 1.86 | 1.89 | 1.76 | 1.87 | 1.92 | 1.93 | 1.99 | 2.04 | 2.15 | 2.18 | 2.31 | 2.43 | 2.52 | 2.22 | 2.11 | 2.14 | 2.31 | 2.17 | 2.22 | 2.38 | 2.43 | |||||||
Based on: 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q2 2024 Calculation
Debt to equity (including operating lease liability) = Total debt (including operating lease liability) ÷ Stockholders’ equity
= 110,425 ÷ 62,636 = 1.76
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | T-Mobile US Inc. debt to equity ratio (including operating lease liability) deteriorated from Q4 2023 to Q1 2024 but then slightly improved from Q1 2024 to Q2 2024. |
Debt to Capital
T-Mobile US Inc., debt to capital calculation (quarterly data)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Short-term debt | 5,867) | 5,356) | 3,619) | 3,437) | 7,731) | 5,215) | 5,164) | 7,398) | 2,942) | 2,865) | 3,378) | 2,096) | 4,648) | 4,423) | 4,579) | 3,713) | 3,818) | —) | 25) | 475) | 300) | 250) | |||||||
| Short-term debt to affiliates | —) | —) | —) | —) | —) | —) | —) | —) | —) | 1,250) | 2,245) | 2,240) | 2,235) | —) | —) | —) | 1,235) | 2,000) | —) | —) | —) | 598) | |||||||
| Short-term financing lease liabilities | 1,252) | 1,265) | 1,260) | 1,286) | 1,220) | 1,180) | 1,161) | 1,239) | 1,220) | 1,121) | 1,120) | 1,154) | 1,045) | 1,013) | 1,063) | 1,050) | 1,040) | 918) | 957) | 1,013) | 963) | 911) | |||||||
| Long-term debt | 70,203) | 71,361) | 69,903) | 70,365) | 68,646) | 68,035) | 65,301) | 64,834) | 66,552) | 66,861) | 67,076) | 66,645) | 65,897) | 66,395) | 61,830) | 58,345) | 62,783) | 10,959) | 10,958) | 10,956) | 10,954) | 10,952) | |||||||
| Long-term debt to affiliates | 1,496) | 1,496) | 1,496) | 1,496) | 1,495) | 1,495) | 1,495) | 1,495) | 1,495) | 1,494) | 1,494) | 1,494) | 2,490) | 4,721) | 4,716) | 4,711) | 4,706) | 11,987) | 13,986) | 13,986) | 13,985) | 13,985) | |||||||
| Long-term financing lease liabilities | 1,133) | 1,163) | 1,236) | 1,273) | 1,254) | 1,284) | 1,370) | 1,590) | 1,597) | 1,447) | 1,455) | 1,587) | 1,376) | 1,316) | 1,444) | 1,373) | 1,416) | 1,276) | 1,346) | 1,440) | 1,314) | 1,224) | |||||||
| Total debt | 79,951) | 80,641) | 77,514) | 77,857) | 80,346) | 77,209) | 74,491) | 76,556) | 73,806) | 75,038) | 76,768) | 75,216) | 77,691) | 77,868) | 73,632) | 69,192) | 74,998) | 27,140) | 27,272) | 27,870) | 27,516) | 27,920) | |||||||
| Stockholders’ equity | 62,636) | 62,074) | 64,715) | 64,698) | 65,750) | 66,925) | 69,656) | 70,150) | 70,034) | 69,976) | 69,102) | 68,427) | 67,470) | 66,377) | 65,344) | 64,487) | 62,996) | 28,977) | 28,789) | 27,771) | 26,967) | 26,181) | |||||||
| Total capital | 142,587) | 142,715) | 142,229) | 142,555) | 146,096) | 144,134) | 144,147) | 146,706) | 143,840) | 145,014) | 145,870) | 143,643) | 145,161) | 144,245) | 138,976) | 133,679) | 137,994) | 56,117) | 56,061) | 55,641) | 54,483) | 54,101) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to capital1 | 0.56 | 0.57 | 0.54 | 0.55 | 0.55 | 0.54 | 0.52 | 0.52 | 0.51 | 0.52 | 0.53 | 0.52 | 0.54 | 0.54 | 0.53 | 0.52 | 0.54 | 0.48 | 0.49 | 0.50 | 0.51 | 0.52 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Capital, Competitors2 | |||||||||||||||||||||||||||||
| AT&T Inc. | 0.55 | 0.56 | 0.57 | 0.57 | 0.58 | 0.58 | 0.58 | 0.52 | 0.54 | 0.55 | 0.52 | 0.52 | 0.53 | 0.52 | 0.49 | 0.48 | 0.49 | 0.48 | 0.47 | 0.47 | 0.48 | 0.49 | |||||||
| Verizon Communications Inc. | 0.61 | 0.62 | 0.62 | 0.60 | 0.62 | 0.62 | 0.62 | 0.63 | 0.63 | 0.65 | 0.65 | 0.66 | 0.67 | 0.69 | 0.66 | 0.64 | 0.64 | 0.66 | 0.64 | 0.65 | 0.67 | 0.67 | |||||||
Based on: 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q2 2024 Calculation
Debt to capital = Total debt ÷ Total capital
= 79,951 ÷ 142,587 = 0.56
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | T-Mobile US Inc. debt to capital ratio deteriorated from Q4 2023 to Q1 2024 but then slightly improved from Q1 2024 to Q2 2024. |
Debt to Capital (including Operating Lease Liability)
T-Mobile US Inc., debt to capital (including operating lease liability) calculation (quarterly data)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Short-term debt | 5,867) | 5,356) | 3,619) | 3,437) | 7,731) | 5,215) | 5,164) | 7,398) | 2,942) | 2,865) | 3,378) | 2,096) | 4,648) | 4,423) | 4,579) | 3,713) | 3,818) | —) | 25) | 475) | 300) | 250) | |||||||
| Short-term debt to affiliates | —) | —) | —) | —) | —) | —) | —) | —) | —) | 1,250) | 2,245) | 2,240) | 2,235) | —) | —) | —) | 1,235) | 2,000) | —) | —) | —) | 598) | |||||||
| Short-term financing lease liabilities | 1,252) | 1,265) | 1,260) | 1,286) | 1,220) | 1,180) | 1,161) | 1,239) | 1,220) | 1,121) | 1,120) | 1,154) | 1,045) | 1,013) | 1,063) | 1,050) | 1,040) | 918) | 957) | 1,013) | 963) | 911) | |||||||
| Long-term debt | 70,203) | 71,361) | 69,903) | 70,365) | 68,646) | 68,035) | 65,301) | 64,834) | 66,552) | 66,861) | 67,076) | 66,645) | 65,897) | 66,395) | 61,830) | 58,345) | 62,783) | 10,959) | 10,958) | 10,956) | 10,954) | 10,952) | |||||||
| Long-term debt to affiliates | 1,496) | 1,496) | 1,496) | 1,496) | 1,495) | 1,495) | 1,495) | 1,495) | 1,495) | 1,494) | 1,494) | 1,494) | 2,490) | 4,721) | 4,716) | 4,711) | 4,706) | 11,987) | 13,986) | 13,986) | 13,985) | 13,985) | |||||||
| Long-term financing lease liabilities | 1,133) | 1,163) | 1,236) | 1,273) | 1,254) | 1,284) | 1,370) | 1,590) | 1,597) | 1,447) | 1,455) | 1,587) | 1,376) | 1,316) | 1,444) | 1,373) | 1,416) | 1,276) | 1,346) | 1,440) | 1,314) | 1,224) | |||||||
| Total debt | 79,951) | 80,641) | 77,514) | 77,857) | 80,346) | 77,209) | 74,491) | 76,556) | 73,806) | 75,038) | 76,768) | 75,216) | 77,691) | 77,868) | 73,632) | 69,192) | 74,998) | 27,140) | 27,272) | 27,870) | 27,516) | 27,920) | |||||||
| Short-term operating lease liabilities | 3,202) | 3,443) | 3,555) | 3,545) | 3,289) | 3,441) | 3,512) | 3,367) | 3,348) | 3,252) | 3,425) | 3,077) | 3,577) | 3,498) | 3,868) | 3,658) | 4,164) | 2,187) | 2,287) | 2,232) | 2,268) | 2,202) | |||||||
| Long-term operating lease liabilities | 27,272) | 27,827) | 28,240) | 28,677) | 29,053) | 29,379) | 29,855) | 30,271) | 30,916) | 31,187) | 25,818) | 26,279) | 26,515) | 26,602) | 26,719) | 26,658) | 15,487) | 10,464) | 10,539) | 10,614) | 10,145) | 9,339) | |||||||
| Total debt (including operating lease liability) | 110,425) | 111,911) | 109,309) | 110,079) | 112,688) | 110,029) | 107,858) | 110,194) | 108,070) | 109,477) | 106,011) | 104,572) | 107,783) | 107,968) | 104,219) | 99,508) | 94,649) | 39,791) | 40,098) | 40,716) | 39,929) | 39,461) | |||||||
| Stockholders’ equity | 62,636) | 62,074) | 64,715) | 64,698) | 65,750) | 66,925) | 69,656) | 70,150) | 70,034) | 69,976) | 69,102) | 68,427) | 67,470) | 66,377) | 65,344) | 64,487) | 62,996) | 28,977) | 28,789) | 27,771) | 26,967) | 26,181) | |||||||
| Total capital (including operating lease liability) | 173,061) | 173,985) | 174,024) | 174,777) | 178,438) | 176,954) | 177,514) | 180,344) | 178,104) | 179,453) | 175,113) | 172,999) | 175,253) | 174,345) | 169,563) | 163,995) | 157,645) | 68,768) | 68,887) | 68,487) | 66,896) | 65,642) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to capital (including operating lease liability)1 | 0.64 | 0.64 | 0.63 | 0.63 | 0.63 | 0.62 | 0.61 | 0.61 | 0.61 | 0.61 | 0.61 | 0.60 | 0.62 | 0.62 | 0.61 | 0.61 | 0.60 | 0.58 | 0.58 | 0.59 | 0.60 | 0.60 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Capital (including Operating Lease Liability), Competitors2 | |||||||||||||||||||||||||||||
| AT&T Inc. | 0.58 | 0.59 | 0.60 | 0.60 | 0.61 | 0.61 | 0.61 | 0.55 | 0.57 | 0.57 | 0.54 | 0.55 | 0.55 | 0.55 | 0.53 | 0.51 | 0.52 | 0.51 | 0.50 | 0.51 | 0.51 | 0.51 | |||||||
| Verizon Communications Inc. | 0.64 | 0.65 | 0.65 | 0.64 | 0.65 | 0.66 | 0.66 | 0.67 | 0.67 | 0.68 | 0.69 | 0.70 | 0.71 | 0.72 | 0.69 | 0.68 | 0.68 | 0.70 | 0.68 | 0.69 | 0.70 | 0.71 | |||||||
Based on: 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q2 2024 Calculation
Debt to capital (including operating lease liability) = Total debt (including operating lease liability) ÷ Total capital (including operating lease liability)
= 110,425 ÷ 173,061 = 0.64
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. | T-Mobile US Inc. debt to capital ratio (including operating lease liability) deteriorated from Q4 2023 to Q1 2024 but then slightly improved from Q1 2024 to Q2 2024. |
Debt to Assets
T-Mobile US Inc., debt to assets calculation (quarterly data)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Short-term debt | 5,867) | 5,356) | 3,619) | 3,437) | 7,731) | 5,215) | 5,164) | 7,398) | 2,942) | 2,865) | 3,378) | 2,096) | 4,648) | 4,423) | 4,579) | 3,713) | 3,818) | —) | 25) | 475) | 300) | 250) | |||||||
| Short-term debt to affiliates | —) | —) | —) | —) | —) | —) | —) | —) | —) | 1,250) | 2,245) | 2,240) | 2,235) | —) | —) | —) | 1,235) | 2,000) | —) | —) | —) | 598) | |||||||
| Short-term financing lease liabilities | 1,252) | 1,265) | 1,260) | 1,286) | 1,220) | 1,180) | 1,161) | 1,239) | 1,220) | 1,121) | 1,120) | 1,154) | 1,045) | 1,013) | 1,063) | 1,050) | 1,040) | 918) | 957) | 1,013) | 963) | 911) | |||||||
| Long-term debt | 70,203) | 71,361) | 69,903) | 70,365) | 68,646) | 68,035) | 65,301) | 64,834) | 66,552) | 66,861) | 67,076) | 66,645) | 65,897) | 66,395) | 61,830) | 58,345) | 62,783) | 10,959) | 10,958) | 10,956) | 10,954) | 10,952) | |||||||
| Long-term debt to affiliates | 1,496) | 1,496) | 1,496) | 1,496) | 1,495) | 1,495) | 1,495) | 1,495) | 1,495) | 1,494) | 1,494) | 1,494) | 2,490) | 4,721) | 4,716) | 4,711) | 4,706) | 11,987) | 13,986) | 13,986) | 13,985) | 13,985) | |||||||
| Long-term financing lease liabilities | 1,133) | 1,163) | 1,236) | 1,273) | 1,254) | 1,284) | 1,370) | 1,590) | 1,597) | 1,447) | 1,455) | 1,587) | 1,376) | 1,316) | 1,444) | 1,373) | 1,416) | 1,276) | 1,346) | 1,440) | 1,314) | 1,224) | |||||||
| Total debt | 79,951) | 80,641) | 77,514) | 77,857) | 80,346) | 77,209) | 74,491) | 76,556) | 73,806) | 75,038) | 76,768) | 75,216) | 77,691) | 77,868) | 73,632) | 69,192) | 74,998) | 27,140) | 27,272) | 27,870) | 27,516) | 27,920) | |||||||
| Total assets | 208,557) | 206,268) | 207,682) | 208,579) | 210,602) | 210,173) | 211,338) | 213,499) | 209,463) | 210,653) | 206,563) | 202,125) | 204,124) | 203,332) | 200,162) | 192,443) | 187,199) | 87,226) | 86,921) | 86,109) | 84,788) | 83,073) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to assets1 | 0.38 | 0.39 | 0.37 | 0.37 | 0.38 | 0.37 | 0.35 | 0.36 | 0.35 | 0.36 | 0.37 | 0.37 | 0.38 | 0.38 | 0.37 | 0.36 | 0.40 | 0.31 | 0.31 | 0.32 | 0.32 | 0.34 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Assets, Competitors2 | |||||||||||||||||||||||||||||
| AT&T Inc. | 0.33 | 0.33 | 0.34 | 0.34 | 0.35 | 0.34 | 0.34 | 0.31 | 0.32 | 0.36 | 0.32 | 0.33 | 0.33 | 0.33 | 0.30 | 0.30 | 0.31 | 0.30 | 0.30 | 0.30 | 0.31 | 0.32 | |||||||
| Verizon Communications Inc. | 0.39 | 0.40 | 0.40 | 0.38 | 0.40 | 0.40 | 0.40 | 0.39 | 0.40 | 0.42 | 0.41 | 0.43 | 0.44 | 0.46 | 0.41 | 0.39 | 0.38 | 0.40 | 0.38 | 0.38 | 0.40 | 0.40 | |||||||
Based on: 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q2 2024 Calculation
Debt to assets = Total debt ÷ Total assets
= 79,951 ÷ 208,557 = 0.38
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | T-Mobile US Inc. debt to assets ratio deteriorated from Q4 2023 to Q1 2024 but then slightly improved from Q1 2024 to Q2 2024. |
Debt to Assets (including Operating Lease Liability)
T-Mobile US Inc., debt to assets (including operating lease liability) calculation (quarterly data)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Short-term debt | 5,867) | 5,356) | 3,619) | 3,437) | 7,731) | 5,215) | 5,164) | 7,398) | 2,942) | 2,865) | 3,378) | 2,096) | 4,648) | 4,423) | 4,579) | 3,713) | 3,818) | —) | 25) | 475) | 300) | 250) | |||||||
| Short-term debt to affiliates | —) | —) | —) | —) | —) | —) | —) | —) | —) | 1,250) | 2,245) | 2,240) | 2,235) | —) | —) | —) | 1,235) | 2,000) | —) | —) | —) | 598) | |||||||
| Short-term financing lease liabilities | 1,252) | 1,265) | 1,260) | 1,286) | 1,220) | 1,180) | 1,161) | 1,239) | 1,220) | 1,121) | 1,120) | 1,154) | 1,045) | 1,013) | 1,063) | 1,050) | 1,040) | 918) | 957) | 1,013) | 963) | 911) | |||||||
| Long-term debt | 70,203) | 71,361) | 69,903) | 70,365) | 68,646) | 68,035) | 65,301) | 64,834) | 66,552) | 66,861) | 67,076) | 66,645) | 65,897) | 66,395) | 61,830) | 58,345) | 62,783) | 10,959) | 10,958) | 10,956) | 10,954) | 10,952) | |||||||
| Long-term debt to affiliates | 1,496) | 1,496) | 1,496) | 1,496) | 1,495) | 1,495) | 1,495) | 1,495) | 1,495) | 1,494) | 1,494) | 1,494) | 2,490) | 4,721) | 4,716) | 4,711) | 4,706) | 11,987) | 13,986) | 13,986) | 13,985) | 13,985) | |||||||
| Long-term financing lease liabilities | 1,133) | 1,163) | 1,236) | 1,273) | 1,254) | 1,284) | 1,370) | 1,590) | 1,597) | 1,447) | 1,455) | 1,587) | 1,376) | 1,316) | 1,444) | 1,373) | 1,416) | 1,276) | 1,346) | 1,440) | 1,314) | 1,224) | |||||||
| Total debt | 79,951) | 80,641) | 77,514) | 77,857) | 80,346) | 77,209) | 74,491) | 76,556) | 73,806) | 75,038) | 76,768) | 75,216) | 77,691) | 77,868) | 73,632) | 69,192) | 74,998) | 27,140) | 27,272) | 27,870) | 27,516) | 27,920) | |||||||
| Short-term operating lease liabilities | 3,202) | 3,443) | 3,555) | 3,545) | 3,289) | 3,441) | 3,512) | 3,367) | 3,348) | 3,252) | 3,425) | 3,077) | 3,577) | 3,498) | 3,868) | 3,658) | 4,164) | 2,187) | 2,287) | 2,232) | 2,268) | 2,202) | |||||||
| Long-term operating lease liabilities | 27,272) | 27,827) | 28,240) | 28,677) | 29,053) | 29,379) | 29,855) | 30,271) | 30,916) | 31,187) | 25,818) | 26,279) | 26,515) | 26,602) | 26,719) | 26,658) | 15,487) | 10,464) | 10,539) | 10,614) | 10,145) | 9,339) | |||||||
| Total debt (including operating lease liability) | 110,425) | 111,911) | 109,309) | 110,079) | 112,688) | 110,029) | 107,858) | 110,194) | 108,070) | 109,477) | 106,011) | 104,572) | 107,783) | 107,968) | 104,219) | 99,508) | 94,649) | 39,791) | 40,098) | 40,716) | 39,929) | 39,461) | |||||||
| Total assets | 208,557) | 206,268) | 207,682) | 208,579) | 210,602) | 210,173) | 211,338) | 213,499) | 209,463) | 210,653) | 206,563) | 202,125) | 204,124) | 203,332) | 200,162) | 192,443) | 187,199) | 87,226) | 86,921) | 86,109) | 84,788) | 83,073) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to assets (including operating lease liability)1 | 0.53 | 0.54 | 0.53 | 0.53 | 0.54 | 0.52 | 0.51 | 0.52 | 0.52 | 0.52 | 0.51 | 0.52 | 0.53 | 0.53 | 0.52 | 0.52 | 0.51 | 0.46 | 0.46 | 0.47 | 0.47 | 0.48 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Assets (including Operating Lease Liability), Competitors2 | |||||||||||||||||||||||||||||
| AT&T Inc. | 0.37 | 0.38 | 0.38 | 0.38 | 0.40 | 0.39 | 0.38 | 0.36 | 0.36 | 0.40 | 0.36 | 0.37 | 0.37 | 0.37 | 0.34 | 0.34 | 0.35 | 0.34 | 0.34 | 0.34 | 0.35 | 0.35 | |||||||
| Verizon Communications Inc. | 0.46 | 0.46 | 0.46 | 0.45 | 0.47 | 0.47 | 0.46 | 0.46 | 0.47 | 0.49 | 0.49 | 0.50 | 0.51 | 0.52 | 0.48 | 0.46 | 0.46 | 0.47 | 0.46 | 0.46 | 0.48 | 0.48 | |||||||
Based on: 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q2 2024 Calculation
Debt to assets (including operating lease liability) = Total debt (including operating lease liability) ÷ Total assets
= 110,425 ÷ 208,557 = 0.53
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | T-Mobile US Inc. debt to assets ratio (including operating lease liability) deteriorated from Q4 2023 to Q1 2024 but then improved from Q1 2024 to Q2 2024 not reaching Q4 2023 level. |
Financial Leverage
T-Mobile US Inc., financial leverage calculation (quarterly data)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Total assets | 208,557) | 206,268) | 207,682) | 208,579) | 210,602) | 210,173) | 211,338) | 213,499) | 209,463) | 210,653) | 206,563) | 202,125) | 204,124) | 203,332) | 200,162) | 192,443) | 187,199) | 87,226) | 86,921) | 86,109) | 84,788) | 83,073) | |||||||
| Stockholders’ equity | 62,636) | 62,074) | 64,715) | 64,698) | 65,750) | 66,925) | 69,656) | 70,150) | 70,034) | 69,976) | 69,102) | 68,427) | 67,470) | 66,377) | 65,344) | 64,487) | 62,996) | 28,977) | 28,789) | 27,771) | 26,967) | 26,181) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Financial leverage1 | 3.33 | 3.32 | 3.21 | 3.22 | 3.20 | 3.14 | 3.03 | 3.04 | 2.99 | 3.01 | 2.99 | 2.95 | 3.03 | 3.06 | 3.06 | 2.98 | 2.97 | 3.01 | 3.02 | 3.10 | 3.14 | 3.17 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Financial Leverage, Competitors2 | |||||||||||||||||||||||||||||
| AT&T Inc. | 3.78 | 3.82 | 3.94 | 3.92 | 4.01 | 4.03 | 4.13 | 3.48 | 3.62 | 3.41 | 3.32 | 3.34 | 3.36 | 3.31 | 3.25 | 3.07 | 3.11 | 3.07 | 2.99 | 3.00 | 2.97 | 2.96 | |||||||
| Verizon Communications Inc. | 3.94 | 4.03 | 4.11 | 3.94 | 3.99 | 4.07 | 4.17 | 4.29 | 4.30 | 4.37 | 4.48 | 4.59 | 4.74 | 4.85 | 4.66 | 4.56 | 4.68 | 4.89 | 4.75 | 4.83 | 5.00 | 5.08 | |||||||
Based on: 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q2 2024 Calculation
Financial leverage = Total assets ÷ Stockholders’ equity
= 208,557 ÷ 62,636 = 3.33
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | T-Mobile US Inc. financial leverage ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Interest Coverage
T-Mobile US Inc., interest coverage calculation (quarterly data)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Net income (loss) | 2,925) | 2,374) | 2,014) | 2,142) | 2,221) | 1,940) | 1,477) | 508) | (108) | 713) | 422) | 691) | 978) | 933) | 750) | 1,253) | 110) | 951) | 751) | 870) | 939) | 908) | |||||||
| Less: Income from discontinued operations, net of tax | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | 320) | —) | —) | —) | —) | —) | |||||||
| Add: Income tax expense | 843) | 764) | 629) | 705) | 717) | 631) | 450) | (57) | (55) | 218) | (193) | (3) | 277) | 246) | 71) | 407) | 2) | 306) | 214) | 325) | 301) | 295) | |||||||
| Add: Interest expense, net | 854) | 880) | 849) | 790) | 861) | 835) | 822) | 827) | 851) | 864) | 821) | 836) | 850) | 835) | 790) | 806) | 833) | 272) | 273) | 279) | 279) | 280) | |||||||
| Earnings before interest and tax (EBIT) | 4,622) | 4,018) | 3,492) | 3,637) | 3,799) | 3,406) | 2,749) | 1,278) | 688) | 1,795) | 1,050) | 1,524) | 2,105) | 2,014) | 1,611) | 2,466) | 625) | 1,529) | 1,238) | 1,474) | 1,519) | 1,483) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Interest coverage1 | 4.68 | 4.42 | 4.30 | 4.11 | 3.36 | 2.44 | 1.94 | 1.43 | 1.50 | 1.92 | 2.00 | 2.19 | 2.50 | 2.06 | 2.31 | 2.68 | 2.94 | 5.22 | 5.14 | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Interest Coverage, Competitors2 | |||||||||||||||||||||||||||||
| AT&T Inc. | 3.62 | 3.82 | 3.96 | 0.04 | 0.36 | 0.37 | 0.49 | 5.27 | 5.20 | 4.53 | 4.91 | 1.70 | 1.14 | 1.12 | 0.64 | 2.96 | 3.05 | 3.33 | 3.19 | — | — | — | |||||||
| Verizon Communications Inc. | 3.59 | 3.78 | 4.08 | 6.49 | 7.16 | 8.11 | 8.82 | 8.89 | 9.83 | 9.97 | 9.44 | 8.72 | 7.64 | 6.88 | 6.64 | 5.95 | 6.08 | 5.75 | 5.81 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q2 2024 Calculation
Interest coverage
= (EBITQ2 2024
+ EBITQ1 2024
+ EBITQ4 2023
+ EBITQ3 2023)
÷ (Interest expenseQ2 2024
+ Interest expenseQ1 2024
+ Interest expenseQ4 2023
+ Interest expenseQ3 2023)
= (4,622 + 4,018 + 3,492 + 3,637)
÷ (854 + 880 + 849 + 790)
= 4.68
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | T-Mobile US Inc. interest coverage ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |