Stock Analysis on Net

T-Mobile US Inc. (NASDAQ:TMUS)

Balance Sheet: Assets 
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

T-Mobile US Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Dec 31, 2024 Sep 30, 2024 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
Cash and cash equivalents 5,409 9,754 6,417 6,708 5,135 5,030 6,647 4,540 4,507 6,888 3,151 3,245 6,631 4,055 7,793 6,677 10,385 6,571 11,076 1,112
Accounts receivable, net of allowance for credit losses 4,276 4,286 4,563 4,253 4,692 4,500 4,592 4,366 4,445 4,324 4,466 4,016 4,194 4,130 4,546 3,612 4,276 4,332 3,379 1,862
Equipment installment plan receivables, net of allowance for credit losses and imputed discount 4,379 3,595 3,776 4,059 4,456 4,470 4,779 5,012 5,123 5,048 5,129 5,061 4,748 4,306 4,064 3,841 3,577 3,083 3,194 2,406
Inventory 1,607 1,789 1,319 1,521 1,678 1,685 1,373 1,741 1,884 2,247 2,243 2,715 2,567 1,762 1,707 2,209 2,527 1,931 1,549 1,225
Prepaid expenses 880 953 1,059 715 702 712 814 674 673 711 776 727 746 943 818 670 624 659 627
Assets held for sale 1,910
Other current assets 1,853 2,154 2,163 2,039 2,352 2,272 2,032 2,543 2,435 2,209 1,711 1,691 2,005 1,576 1,642 1,770 2,496 2,889 2,586 2,882
Current assets 18,404 22,531 19,297 19,295 19,015 18,669 20,237 18,876 19,067 21,427 17,476 17,455 20,891 16,772 20,570 18,779 23,885 19,465 24,321 9,487
Property and equipment, net 38,533 37,603 38,222 39,286 40,432 41,080 41,804 42,053 42,086 41,034 40,245 40,006 39,803 39,355 39,752 40,549 41,175 38,567 38,801 22,149
Financing lease right-of-use assets 3,091 3,352 3,271 3,180 3,270 3,390 3,365 3,282 3,257 3,619 3,588 3,287 3,322 3,396 3,072 2,899 3,028 3,038 3,288 2,749
Property and equipment, net, including financing lease right-of-use assets 41,624 40,955 41,493 42,466 43,702 44,470 45,169 45,335 45,343 44,653 43,833 43,293 43,125 42,751 42,824 43,448 44,203 41,605 42,089 24,898
Operating lease right-of-use assets 25,398 25,833 26,240 26,766 27,135 27,568 27,891 28,146 28,715 29,264 30,110 31,449 26,959 27,446 27,511 27,793 28,021 27,999 17,246 10,956
Goodwill 13,005 13,015 13,015 12,234 12,234 12,234 12,234 12,234 12,234 12,234 12,234 12,234 12,188 12,188 11,152 11,158 11,117 10,906 10,910 1,930
Spectrum licenses 100,558 98,736 98,661 97,154 96,707 96,689 95,889 95,878 95,798 95,767 95,632 92,661 92,606 92,589 82,917 82,901 82,828 82,891 82,870 36,471
Other intangible assets, net 2,512 2,762 2,978 2,445 2,618 2,824 3,032 3,245 3,508 3,763 4,140 4,448 4,733 5,047 4,600 4,892 5,298 5,660 6,038 91
Intangible assets, net 103,070 101,498 101,639 99,599 99,325 99,513 98,921 99,123 99,306 99,530 99,772 97,109 97,339 97,636 87,517 87,793 88,126 88,551 88,908 36,562
Equipment installment plan receivables due after one year, net of allowance for credit losses and imputed discount 2,209 1,752 1,780 1,908 2,042 1,879 1,966 2,250 2,546 2,514 2,605 2,837 2,829 2,280 2,284 2,221 2,031 1,398 1,399 1,367
Other assets 4,325 5,158 5,093 4,000 4,229 4,246 4,184 4,209 4,127 3,877 3,433 6,276 3,232 3,052 12,266 12,140 2,779 2,519 2,326 2,026
Long-term assets 189,631 188,211 189,260 186,973 188,667 189,910 190,365 191,297 192,271 192,072 191,987 193,198 185,672 185,353 183,554 184,553 176,277 172,978 162,878 77,739
Total assets 208,035 210,742 208,557 206,268 207,682 208,579 210,602 210,173 211,338 213,499 209,463 210,653 206,563 202,125 204,124 203,332 200,162 192,443 187,199 87,226

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 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).


Assets: Selected Items

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 increased from Q2 2024 to Q3 2024 but then decreased significantly from Q3 2024 to Q4 2024.
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 decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 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 decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. T-Mobile US Inc. total assets increased from Q2 2024 to Q3 2024 but then decreased significantly from Q3 2024 to Q4 2024.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. T-Mobile US Inc. cash and cash equivalents increased from Q2 2024 to Q3 2024 but then decreased significantly from Q3 2024 to Q4 2024.
Accounts receivable, net of allowance for credit losses Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. T-Mobile US Inc. accounts receivable, net of allowance for credit losses decreased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Inventory Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. T-Mobile US Inc. inventory increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024.