Sprint (Sprint) Debt-to-Asset : 0.51 (As of Dec. 2019)

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What is Sprint Debt-to-Asset?

Sprint's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $5,740 Mil. Sprint's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $38,930 Mil. Sprint's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2019 was $86,902 Mil. Sprint's debt to asset for the quarter that ended in Dec. 2019 was 0.51.

Sprint Debt-to-Asset Historical Data

The historical data trend for Sprint's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sprint Debt-to-Asset Chart

Sprint Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Mar15

Mar16

Mar17

Mar18

Mar19

Debt-to-Asset

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0.41

0.43

0.48

0.47

Sprint Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Debt-to-Asset	Get a 7-Day Free Trial															0.46	0.47	0.51	0.51	0.51

Competitive Comparison of Sprint's Debt-to-Asset

For the Telecom Services subindustry, Sprint's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sprint's Debt-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Sprint's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Sprint's Debt-to-Asset falls into.

Sprint Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sprint's Debt-to-Asset for the fiscal year that ended in Mar. 2019 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(4557	+	35366)	/	84601
	=	0.47

Sprint's Debt-to-Asset for the quarter that ended in Dec. 2019 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(5740	+	38930)	/	86902
	=	0.51

Sprint (NYSE:S) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Sprint Debt-to-Asset Related Terms

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Sprint (Sprint) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sprint Corp (NYSE:S) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

6200 Sprint Parkway, Overland Park, KS, USA, 66251

Website

https://www.sprint.com

A decade of operational problems has considerably diminished Sprint's position in the wireless industry. It is now the fourth- largest carrier in the United States, serving 26 million postpaid and 9 million prepaid phone customers directly and 13 million via wholesale channels. Over the past five years, the firm's share of the postpaid phone market has declined about 1 percentage point to 12%, leaving it about three fourths the size of T-Mobile U.S., the next smallest carrier. About 4% of sales come from the wireline unit, which provides phone and data services to the wireless unit and external customers. Japanese firm Softbank took a 78% stake in Sprint through the purchase of existing Sprint shares and a $5 billion equity infusion in 2013; it has since increased its stake to 85%.