Debt levels at AT&T

The US phone and telecommunications giant, AT&T carries debt.

https://investors.att.com/financial-reports/debt/debt-information

TOTAL DEBT: $130,603,734,134

That is $130Bn dollars.

Now, the stock info is interesting:-

https://investors.att.com/stock-information/stock-quote-and-chart

Market Capitalisation (value of the company) $147.53 Billion

So interesting to see, the debt burden on AT&T’s shoulders, $130bn

https://investors.att.com/~/media/Files/A/ATT-IR-V2/financial-reports/annual-reports/2023/2023-complete-annual-report.pdf

The annual reports that:

Cash Provided by or Used in Financing Activities from Continuing Operations
In 2023, cash used in financing activities totaled $15,614 Million and was comprised of debt issuances and repayments, payments of
dividends, issuances and repurchase of preferred interests in subsidiaries and vendor financing payments….

Yes that is $15.614 billion used as interest payments, dividends and other financings costs….

These are huge numbers.

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