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
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.