Stock Analysis on Net

AT&T Inc. (NYSE:T)

Balance Sheet: Assets 

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.

AT&T Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents 3,298 6,722 3,701 21,169 9,740
Accounts receivable, net of related allowance for credit loss 9,638 10,289 11,466 17,571 20,215
Inventories 2,270 2,177 3,123 3,464 3,695
Prepaid and other current assets 15,962 17,270 14,818 17,793 18,358
Current assets 31,168 36,458 33,108 59,997 52,008
Noncurrent inventories and theatrical film and television production costs 18,983 14,752
Property, plant and equipment, net 128,871 128,489 127,445 125,904 127,315
Goodwill, net 63,432 67,854 67,895 133,223 135,259
Licenses, net 127,035 127,219 124,092 113,830 93,840
Distribution networks, net 11,942 13,793
Other intangible assets, net 5,255 5,283 5,354 33,721 38,683
Intangible assets, net 132,290 132,502 129,446 159,493 146,316
Investments in and advances to equity affiliates 295 1,251 3,533 7,274 1,780
Operating lease right-of-use assets 20,909 20,905 21,814 24,180 24,714
Other assets 17,830 19,601 19,612 22,568 23,617
Noncurrent assets 363,627 370,602 369,745 491,625 473,753
Total assets 394,795 407,060 402,853 551,622 525,761

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


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. AT&T Inc. current assets increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
Property, plant and equipment, net 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. AT&T Inc. property, plant and equipment, net increased from 2022 to 2023 and from 2023 to 2024.
Noncurrent 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. AT&T Inc. noncurrent assets increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
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. AT&T Inc. total assets increased from 2022 to 2023 but then decreased significantly from 2023 to 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. AT&T Inc. cash and cash equivalents increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
Accounts receivable, net of related allowance for credit loss 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. AT&T Inc. accounts receivable, net of related allowance for credit loss decreased from 2022 to 2023 and from 2023 to 2024.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. AT&T Inc. inventories decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.