{"id":1844,"date":"2016-11-12T06:40:52","date_gmt":"2016-11-12T06:40:52","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1844"},"modified":"2016-10-26T06:43:42","modified_gmt":"2016-10-26T06:43:42","slug":"the-cost-of-financing-att-debt","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1844","title":{"rendered":"The Cost of Financing AT&#038;T Debt."},"content":{"rendered":"<p>AT&amp;T the American Telecommunications giant has a large debt mountain.<\/p>\n<p><a href=\"http:\/\/www.att.com\/Common\/about_us\/files\/pdf\/investor_relations\/debt_list_2q16.pdf\" target=\"_blank\">http:\/\/www.att.com\/Common\/about_us\/files\/pdf\/investor_relations\/debt_list_2q16.pdf<\/a><\/p>\n<p>The total debt is a staggering $126,835,952,257 (<strong>$126 Billion<\/strong>).<\/p>\n<p>However what is very interesting is the cost of the debt, (the interest payments).<\/p>\n<p>http:\/\/www.asadkarim.co.uk has calculated the annual interest on all the 124 Bonds that are still outstanding that adds up to the $126 Billion.<\/p>\n<p>The annual cost of interest payments are actually:-<\/p>\n<p><strong>$4,996,447,892<\/strong><\/p>\n<p>That is just under <strong>$5bn<\/strong> a year to AT&amp;T.<\/p>\n<p>The revenues of AT&amp;T are about <strong>$146.8 billion.<\/strong><\/p>\n<p>So the actual debt burden which may seem large at <strong>$126,835,952,257<\/strong>, when interest rates are low, and the cash flow is strong, one can safely say <strong>$4,996,447,892<\/strong> is fine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AT&amp;T the American Telecommunications giant has a large debt mountain. http:\/\/www.att.com\/Common\/about_us\/files\/pdf\/investor_relations\/debt_list_2q16.pdf The total debt is a staggering $126,835,952,257 ($126 Billion). However what is very interesting is the cost of the debt, (the interest payments). http:\/\/www.asadkarim.co.uk has calculated the annual interest on all the 124 Bonds that are still outstanding that adds up to the $126 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1844","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1844"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1844\/revisions"}],"predecessor-version":[{"id":1845,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1844\/revisions\/1845"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}