Stock Analysis on Net

AT&T Inc. (NYSE:T)

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

AT&T Inc., liquidity ratios

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Current ratio 0.66 0.71 0.59 0.70 0.82
Quick ratio 0.28 0.33 0.27 0.45 0.47
Cash ratio 0.07 0.13 0.07 0.25 0.15

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).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. AT&T Inc. current ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. AT&T Inc. quick ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. AT&T Inc. cash ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level.

Current Ratio

AT&T Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Current assets 31,168 36,458 33,108 59,997 52,008
Current liabilities 46,872 51,127 56,173 85,588 63,438
Liquidity Ratio
Current ratio1 0.66 0.71 0.59 0.70 0.82
Benchmarks
Current Ratio, Competitors2
T-Mobile US Inc. 0.91 0.91 0.77 0.89 1.10
Verizon Communications Inc. 0.63 0.69 0.75 0.78 1.38
Current Ratio, Sector
Telecommunication Services 0.68 0.74 0.69 0.75 1.05
Current Ratio, Industry
Communication Services 1.23 1.30 1.28 1.41 1.74

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).

1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 31,168 ÷ 46,872 = 0.66

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. AT&T Inc. current ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024.

Quick Ratio

AT&T Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
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
Total quick assets 12,936 17,011 15,167 38,740 29,955
 
Current liabilities 46,872 51,127 56,173 85,588 63,438
Liquidity Ratio
Quick ratio1 0.28 0.33 0.27 0.45 0.47
Benchmarks
Quick Ratio, Competitors2
T-Mobile US Inc. 0.70 0.68 0.57 0.66 0.84
Verizon Communications Inc. 0.47 0.51 0.54 0.57 1.16
Quick Ratio, Sector
Telecommunication Services 0.43 0.47 0.43 0.52 0.76
Quick Ratio, Industry
Communication Services 1.04 1.11 1.08 1.22 1.53

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).

1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 12,936 ÷ 46,872 = 0.28

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. AT&T Inc. quick ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level.

Cash Ratio

AT&T Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Cash and cash equivalents 3,298 6,722 3,701 21,169 9,740
Total cash assets 3,298 6,722 3,701 21,169 9,740
 
Current liabilities 46,872 51,127 56,173 85,588 63,438
Liquidity Ratio
Cash ratio1 0.07 0.13 0.07 0.25 0.15
Benchmarks
Cash Ratio, Competitors2
T-Mobile US Inc. 0.27 0.25 0.18 0.28 0.48
Verizon Communications Inc. 0.06 0.04 0.05 0.06 0.56
Cash Ratio, Sector
Telecommunication Services 0.10 0.11 0.08 0.20 0.34
Cash Ratio, Industry
Communication Services 0.62 0.68 0.64 0.80 1.07

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).

1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 3,298 ÷ 46,872 = 0.07

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. AT&T Inc. cash ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level.