AT&T (T) Interest Expense

: $-6,704 Mil (TTM As of Dec. 2023)

View and export this data going back to 1946. Start your Free Trial

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AT&T's interest expense for the three months ended in Dec. 2023 was $ -1,726 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-6,704 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. AT&T's Operating Income for the three months ended in Dec. 2023 was $ 5,860 Mil. AT&T's Interest Expense for the three months ended in Dec. 2023 was $ -1,726 Mil. AT&T's Interest Coverage for the quarter that ended in Dec. 2023 was 3.40. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

AT&T Interest Expense Historical Data

The historical data trend for AT&T's Interest Expense 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

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-8,422.00

-7,925.00

-6,716.00

-6,108.00

-6,704.00

AT&T Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-1,560.00	-1,708.00	-1,608.00	-1,662.00	-1,726.00

AT&T Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6,704 Mil.

AT&T (NYSE:T) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

AT&T's Interest Expense for the three months ended in Dec. 2023 was $-1,726 Mil. Its Operating Income for the three months ended in Dec. 2023 was $5,860 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $145,422 Mil.

AT&T's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	5860	/	-1726
	=	3.40

The higher the ratio, the stronger the company's financial strength is.

AT&T (T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » AT&T Inc (NYSE:T) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TpC.PFD:USA TpA.PFD:USA T:Peru T:Mexico T_KZ:Kazakhstan 1T:Italy SOBAd:UK 0QZ1:UK SOBA:Germany SOBA:Germany SOBA:Germany SOBA:Germany T:Chile ATTB34:Brazil ATT:Austria T:Argentina

Address

208 S. Akard Street, Dallas, TX, USA, 75202

Website

https://www.att.com

The wireless business contributes about two thirds of AT&T's revenue following the spinoff of Warner Media. The firm is the third-largest U.S. wireless carrier, connecting 70 million postpaid and 18 million prepaid phone customers. Fixed-line enterprise services, which account for about 18% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access service. AT&T also has a sizable presence in Mexico, serving 22 million customers, but this business only accounts for 3% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.

Executives

Sanders S Sabrina	officer: SVP-ChiefActngOfcr&Controller	208 S. AKARD ST., 29TH FLOOR, DALLAS TX 75202
Debra L. Dial	officer: SVP-ChiefActngOfcr&Controller	208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Jeremy Alan Legg	officer: Chief Technology Officer	208 S. AKARD STREET, DALLAS TX 75202
Kenny Kellyn Smith	officer: Chief Marketing & Growth Ofcr	208 S. AKARD ST, 29TH FLOOR, DALLAS TX 75202
Edward W Gillespie	officer: SrEVP-Ext & Legal Affairs	208 S. AKARD, DALLAS TX 75202
Angela Santone	officer: Sr. Exec VP-Human Resources	208 S. AKARD ST, DALLAS TX 75202
Jeffery S. Mcelfresh	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, 29TH FLOOR, DALLAS TX 75202
David S. Huntley	officer: SEVP&Chief Compliance Officer	208 S. AKARD, ROOM 2900;07, DALLAS TX 75202
Lori M Lee	officer: CEO-AT&T LatAm&GlobalMktgOfcr	208 S. AKARD ST., 29TH FLOOR, DALLAS TX 75202
Pascal Desroches	officer: Sr. Exec VP and CFO	AT&T INC., 208 S AKARD STREET, DALLAS TX 75202
Stephen J Luczo	director
Luis A Ubinas	director	209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065-1175
John T Stankey	officer: Sr. Exec. VP and CIO	208 S. AKARD ST., 29TH FLOOR, DALLAS TX 75202
Jason Kilar	officer: CEO, Warner Media, LLC	208 S. AKARD ST, DALLAS TX 75202