AT&T (XSGO:T) Interest Expense : $-6,720 Mil (TTM As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is AT&T Interest Expense?

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 Mar. 2024 was $ -1,724 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-6,720 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 Mar. 2024 was $ 6,006 Mil. AT&T's Interest Expense for the three months ended in Mar. 2024 was $ -1,724 Mil. AT&T's Interest Coverage for the quarter that ended in Mar. 2024 was 3.48. 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 Interest Expense Chart

AT&T Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-8,422.00

-7,925.00

-6,716.00

-6,108.00

-6,704.00

AT&T Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1,708.00	-1,608.00	-1,662.00	-1,726.00	-1,724.00

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6,720 Mil.

AT&T (XSGO: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 Mar. 2024 was $-1,724 Mil. Its Operating Income for the three months ended in Mar. 2024 was $6,006 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $142,995 Mil.

AT&T's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	6006	/	-1724
	=	3.48

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

AT&T (XSGO:T) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

TpC.PFD:USA TpA.PFD:USA T:USA T:Peru T:Mexico T_KZ:Kazakhstan 1T:Italy SOBAd:UK 0QZ1:UK SOBA:Germany 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.