AT&T, the US US phone and telecoms giant carries a lot of debt.
These are large debt numbers:
$179,783,248,238
That is $179 Billion of debt.
How we need to understand this figure.
It needs to repay $82.1bn in the next 12months (liabilities due in the next year).
It has cash reserves of $11.9bn (immediate liquidity)
It also has receivables of $20.1bn in the next 12months (money owed to AT&T).
It still carries a large level of debt.
https://investors.att.com/financial-reports/debt/debt-information
The cost of interest on this debt is about $8,048 million = $8.048 Billion
So while interest rates are low, paying $8bn on interest is quite manageable, when its turnover is $171,760 million = $171 Billion.
So the Debt to Revenue is at 4%.
Big numbers from American Telephone and Telegraph
https://www.stock-analysis-on.net/NYSE/Company/ATT-Inc/Analysis/Debt