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AT&T Effective Interest Rate on Debt %

: 3.12% (As of Jun. 2022)
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Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. AT&T's annualized positive value of Interest Expense for the quarter that ended in Jun. 2022 was $6,008 Mil. AT&T's average total debt for the quarter that ended in Jun. 2022 was $192,424 Mil. Therefore, AT&T's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 was 3.12%.


AT&T Effective Interest Rate on Debt % Historical Data

The historical data trend for AT&T's Effective Interest Rate on Debt % 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.

* Premium members only.

AT&T Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.38 4.67 4.66 4.35 3.63

AT&T Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Effective Interest Rate on Debt % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.34 3.30 3.31 3.21 3.12

Competitive Comparison

For the Telecom Services subindustry, AT&T's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.

   

AT&T Effective Interest Rate on Debt % Distribution

For the Telecommunication Services industry and Communication Services sector, AT&T's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where AT&T's Effective Interest Rate on Debt % falls into.



AT&T Effective Interest Rate on Debt % Calculation

AT&T's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -6884/( (179447+199956)/ 2 )
=-1  *  -6884/189701.5
=3.63 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=175977 + 3470
=179447

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=174081 + 25875
=199956

AT&T's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2022 )+Total Debt  (Q: Jun. 2022 ))/ count )
=-1  *  -6008/( (229522+155325)/ 2 )
=-1  *  -6008/192423.5
=3.12 %

where

Total Debt  (Q: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=201142 + 28380
=229522

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=148496 + 6829
=155325

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Jun. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


AT&T  (NYSE:T) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


AT&T Effective Interest Rate on Debt % Related Terms

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AT&T Business Description

AT&T logo
Address
208 S. Akard Street, Dallas, TX, USA, 75202
Wireless is AT&T's largest business,contributing about 40% of revenue. The firm is the third- largest U.S. wireless carrier, connecting 66 million postpaid and 17 million prepaid phone customers. WarnerMedia contributes a bit less than 20% of revenue with media assets that include HBO, the Turner cable networks, and the Warner Brothers studios. AT&T plans to spin Warner off and merge it with Discovery to create a new stand-alone media firm. The firm recently sold a 30% stake in its traditional television business, which serves 15 million customers and generates about 17% of sales. This business will be removed from AT&T's financials going forward. Fixed-line telecom services provided to businesses and consumers account for about 20% of revenue, serving about 15 million broadband customers.
Executives
Legg Jeremy Alan officer: Chief Technology Officer 208 S. AKARD STREET DALLAS TX 75202
Smith Kenny Kellyn officer: Chief Marketing & Growth Ofcr 4511 CATHEDRAL AVE NW WASHINGTON DC 20016
Gillespie Edward W officer: SrEVP-Ext & Legal Affairs 208 S. AKARD DALLAS TX 75202
Santone Angela officer: Sr. Exec VP-Human Resources 208 S. AKARD ST DALLAS TX 75202
Mcelfresh Jeffery S. officer: CEO, AT&T Communications, LLC 208 S. AKARD 29TH FLOOR DALLAS TX 75202
Mcatee David R Ii officer: Sr. Exec. VP and Gen. Counsel 208 S. AKARD ROOM 3023 DALLAS TX 75202
Huntley David S. officer: SEVP&Chief Compliance Officer 208 S. AKARD ROOM 3023 DALLAS TX 75202
Lee Lori M officer: CEO-AT&T LatAm&GlobalMktgOfcr 208 S. AKARD ST., ROOM 3025 DALLAS TX 75202
Desroches Pascal officer: Sr. Exec VP and CFO TIME WARNER INC. ONE TIME WARNER CENTER NEW YORK NY 10019
Ubinas Luis A director 209 REDWOOD SHORES PARKWAY REDWOOD CITY CA 94065-1175
Kilar Jason officer: CEO, Warner Media, LLC 208 S. AKARD ST DALLAS TX 75202
Luczo Stephen J director
Lee Debra L director C/O BLACK ENTERTAINMENT 1 BET PLZ. 1900W PLACE N.W. WASHINGTON DC 20018
Lesser Brian D officer: CEO-AT&T Advertising&Analytics 208 S. AKARD DALLAS TX 75202
Arroyo F. Thaddeus officer: CEO - Bus. Solutions and Int'l 208 S. AKARD DALLAS TX 75202

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