Stock Analysis on Net

Time Warner Inc. (NYSE:TWX)

This company has been moved to the archive! The financial data has not been updated since April 26, 2018.

Analysis of Solvency Ratios
Quarterly Data

Microsoft Excel

Solvency Ratios (Summary)

Time Warner Inc., solvency ratios (quarterly data)

Microsoft Excel
Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Debt Ratios
Debt to equity 0.75 0.84 0.85 0.88 0.91 1.00 1.01 1.02 0.99 1.01 0.97 0.99 0.93 0.92 0.89 0.87 0.68 0.67 0.64 0.65 0.65
Debt to capital 0.43 0.46 0.46 0.47 0.48 0.50 0.50 0.51 0.50 0.50 0.49 0.50 0.48 0.48 0.47 0.47 0.40 0.40 0.39 0.40 0.39
Debt to assets 0.32 0.34 0.34 0.35 0.35 0.37 0.37 0.38 0.37 0.37 0.37 0.38 0.36 0.36 0.36 0.35 0.30 0.30 0.29 0.29 0.29
Financial leverage 2.31 2.44 2.51 2.54 2.58 2.71 2.71 2.68 2.65 2.70 2.65 2.64 2.57 2.58 2.50 2.49 2.27 2.27 2.22 2.23 2.23

Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity. Time Warner Inc. debt to equity ratio improved from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. Time Warner Inc. debt to capital ratio improved from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Time Warner Inc. debt to assets ratio deteriorated from Q3 2017 to Q4 2017 but then improved from Q4 2017 to Q1 2018 exceeding Q3 2017 level.
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. Time Warner Inc. financial leverage ratio decreased from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.

Debt to Equity

Time Warner Inc., debt to equity calculation (quarterly data)

Microsoft Excel
Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Selected Financial Data (US$ in millions)
Debt due within one year 3,922 5,450 1,157 1,155 808 1,947 52 50 51 198 199 1,513 1,299 1,118 1,168 168 65 66 18 317 316
Long-term debt, excluding due within one year 18,331 18,294 21,898 21,843 22,402 22,392 24,419 24,418 23,622 23,594 22,728 22,281 21,172 21,376 21,389 22,395 20,226 20,099 19,145 19,129 19,125
Total debt 22,253 23,744 23,055 22,998 23,210 24,339 24,471 24,468 23,673 23,792 22,927 23,794 22,471 22,494 22,557 22,563 20,291 20,165 19,163 19,446 19,441
 
Total Time Warner Inc. shareholders’ equity 29,805 28,375 27,267 25,987 25,425 24,335 24,278 23,888 23,843 23,619 23,648 24,025 24,198 24,476 25,230 25,907 30,044 29,904 29,929 29,782 29,991
Solvency Ratio
Debt to equity1 0.75 0.84 0.85 0.88 0.91 1.00 1.01 1.02 0.99 1.01 0.97 0.99 0.93 0.92 0.89 0.87 0.68 0.67 0.64 0.65 0.65
Benchmarks
Debt to Equity, Competitors2
Alphabet Inc.
Comcast Corp.
Meta Platforms Inc.
Netflix Inc.
Walt Disney Co. 0.60

Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

1 Q1 2018 Calculation
Debt to equity = Total debt ÷ Total Time Warner Inc. shareholders’ equity
= 22,253 ÷ 29,805 = 0.75

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. Time Warner Inc. debt to equity ratio improved from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.

Debt to Capital

Time Warner Inc., debt to capital calculation (quarterly data)

Microsoft Excel
Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Selected Financial Data (US$ in millions)
Debt due within one year 3,922 5,450 1,157 1,155 808 1,947 52 50 51 198 199 1,513 1,299 1,118 1,168 168 65 66 18 317 316
Long-term debt, excluding due within one year 18,331 18,294 21,898 21,843 22,402 22,392 24,419 24,418 23,622 23,594 22,728 22,281 21,172 21,376 21,389 22,395 20,226 20,099 19,145 19,129 19,125
Total debt 22,253 23,744 23,055 22,998 23,210 24,339 24,471 24,468 23,673 23,792 22,927 23,794 22,471 22,494 22,557 22,563 20,291 20,165 19,163 19,446 19,441
Total Time Warner Inc. shareholders’ equity 29,805 28,375 27,267 25,987 25,425 24,335 24,278 23,888 23,843 23,619 23,648 24,025 24,198 24,476 25,230 25,907 30,044 29,904 29,929 29,782 29,991
Total capital 52,058 52,119 50,322 48,985 48,635 48,674 48,749 48,356 47,516 47,411 46,575 47,819 46,669 46,970 47,787 48,470 50,335 50,069 49,092 49,228 49,432
Solvency Ratio
Debt to capital1 0.43 0.46 0.46 0.47 0.48 0.50 0.50 0.51 0.50 0.50 0.49 0.50 0.48 0.48 0.47 0.47 0.40 0.40 0.39 0.40 0.39
Benchmarks
Debt to Capital, Competitors2
Alphabet Inc.
Comcast Corp.
Meta Platforms Inc.
Netflix Inc.
Walt Disney Co. 0.38

Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

1 Q1 2018 Calculation
Debt to capital = Total debt ÷ Total capital
= 22,253 ÷ 52,058 = 0.43

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. Time Warner Inc. debt to capital ratio improved from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.

Debt to Assets

Time Warner Inc., debt to assets calculation (quarterly data)

Microsoft Excel
Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Selected Financial Data (US$ in millions)
Debt due within one year 3,922 5,450 1,157 1,155 808 1,947 52 50 51 198 199 1,513 1,299 1,118 1,168 168 65 66 18 317 316
Long-term debt, excluding due within one year 18,331 18,294 21,898 21,843 22,402 22,392 24,419 24,418 23,622 23,594 22,728 22,281 21,172 21,376 21,389 22,395 20,226 20,099 19,145 19,129 19,125
Total debt 22,253 23,744 23,055 22,998 23,210 24,339 24,471 24,468 23,673 23,792 22,927 23,794 22,471 22,494 22,557 22,563 20,291 20,165 19,163 19,446 19,441
 
Total assets 68,997 69,209 68,343 66,096 65,649 65,966 65,764 64,127 63,254 63,848 62,674 63,425 62,195 63,259 63,095 64,490 68,199 67,994 66,453 66,322 66,947
Solvency Ratio
Debt to assets1 0.32 0.34 0.34 0.35 0.35 0.37 0.37 0.38 0.37 0.37 0.37 0.38 0.36 0.36 0.36 0.35 0.30 0.30 0.29 0.29 0.29
Benchmarks
Debt to Assets, Competitors2
Alphabet Inc.
Comcast Corp.
Meta Platforms Inc.
Netflix Inc.
Walt Disney Co. 0.27

Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

1 Q1 2018 Calculation
Debt to assets = Total debt ÷ Total assets
= 22,253 ÷ 68,997 = 0.32

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. Time Warner Inc. debt to assets ratio deteriorated from Q3 2017 to Q4 2017 but then improved from Q4 2017 to Q1 2018 exceeding Q3 2017 level.

Financial Leverage

Time Warner Inc., financial leverage calculation (quarterly data)

Microsoft Excel
Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Selected Financial Data (US$ in millions)
Total assets 68,997 69,209 68,343 66,096 65,649 65,966 65,764 64,127 63,254 63,848 62,674 63,425 62,195 63,259 63,095 64,490 68,199 67,994 66,453 66,322 66,947
Total Time Warner Inc. shareholders’ equity 29,805 28,375 27,267 25,987 25,425 24,335 24,278 23,888 23,843 23,619 23,648 24,025 24,198 24,476 25,230 25,907 30,044 29,904 29,929 29,782 29,991
Solvency Ratio
Financial leverage1 2.31 2.44 2.51 2.54 2.58 2.71 2.71 2.68 2.65 2.70 2.65 2.64 2.57 2.58 2.50 2.49 2.27 2.27 2.22 2.23 2.23
Benchmarks
Financial Leverage, Competitors2
Alphabet Inc.
Comcast Corp.
Meta Platforms Inc.
Netflix Inc.
Walt Disney Co. 2.26

Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

1 Q1 2018 Calculation
Financial leverage = Total assets ÷ Total Time Warner Inc. shareholders’ equity
= 68,997 ÷ 29,805 = 2.31

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. Time Warner Inc. financial leverage ratio decreased from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.