Stock Analysis on Net

AT&T Inc. (NYSE:T)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

AT&T Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Debt maturing within one year 2.33 1.85 4.47 0.66 2.15
Note payable to DIRECTV 0.00 0.03 0.23 0.00 0.00
Accounts payable 6.71 7.72 5.58 6.06 5.37
Accrued payroll and commissions 0.42 0.40 0.63 0.57 0.57
Current portion of employee benefit obligation 0.16 0.29 0.23 0.27 0.28
Current portion of Mobility preferred interests 0.00 0.66 0.00 0.00 0.00
Accrued interest 0.54 0.54 0.45 0.47 0.45
Accrued taxes 0.25 0.20 0.25 0.19 0.22
Other 0.74 0.78 2.05 1.97 1.66
Accounts payable and accrued liabilities 8.81% 10.59% 9.18% 9.52% 8.55%
Advanced billings and customer deposits 0.93 0.97 0.96 1.17 1.11
Dividends payable 0.50 0.50 0.68 0.71 0.69
Current liabilities 12.56% 13.94% 15.52% 12.07% 12.49%
Long-term debt, excluding maturing within one year 31.41 31.88 27.69 29.25 27.43
Deferred income taxes 14.41 14.16 11.82 11.50 10.79
Postemployment benefit obligation 2.15 1.80 2.29 3.48 3.41
Noncurrent operating lease liabilities 4.32 4.63 3.85 4.22 3.95
Other noncurrent liabilities 5.82 7.16 5.48 5.39 5.33
Noncurrent portion of note payable to DIRECTV 0.00 0.00 0.02 0.00 0.00
Deferred credits and other noncurrent liabilities 26.69% 27.75% 23.47% 24.59% 23.48%
Noncurrent liabilities 58.10% 59.63% 51.15% 53.84% 50.90%
Total liabilities 70.66% 73.57% 66.67% 65.91% 63.40%
Redeemable noncontrolling interest 0.48 0.00 0.00 0.00 0.00
Preferred stock, $1 par value 0.00 0.00 0.00 0.00 0.00
Common stock, $1 par value 1.87 1.89 1.38 1.45 1.38
Additional paid-in capital 28.13 30.68 23.59 24.76 22.89
Retained earnings (deficit) -1.23 -4.82 7.68 7.12 10.50
Treasury stock, at cost -3.96 -4.24 -3.13 -3.41 -2.37
Accumulated other comprehensive income 0.57 0.69 0.64 0.82 0.99
Stockholders’ equity attributable to AT&T 25.38% 24.20% 30.15% 30.75% 33.39%
Noncontrolling interest 3.47 2.22 3.18 3.34 3.21
Total stockholders’ equity 28.85% 26.43% 33.33% 34.09% 36.60%
Total liabilities and stockholders’ equity 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 liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. AT&T Inc. current liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2021 to 2022 and from 2022 to 2023.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. AT&T Inc. noncurrent liabilities as a percentage of total liabilities and stockholders’ equity increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. AT&T Inc. total liabilities as a percentage of total liabilities and stockholders’ equity increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Stockholders’ equity attributable to AT&T Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. AT&T Inc. stockholders’ equity attributable to AT&T as a percentage of total liabilities and stockholders’ equity decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.