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Cable One (Cable One) Debt-to-Equity : 1.95 (As of Dec. 2023)


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What is Cable One Debt-to-Equity?

Cable One's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $22 Mil. Cable One's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,634 Mil. Cable One's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,873 Mil. Cable One's debt to equity for the quarter that ended in Dec. 2023 was 1.95.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Cable One's Debt-to-Equity or its related term are showing as below:

CABO' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.15   Med: 1.74   Max: 2.17
Current: 1.95

During the past 12 years, the highest Debt-to-Equity Ratio of Cable One was 2.17. The lowest was 1.15. And the median was 1.74.

CABO's Debt-to-Equity is ranked worse than
82.23% of 349 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs CABO: 1.95

Cable One Debt-to-Equity Historical Data

The historical data trend for Cable One's Debt-to-Equity 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.

Cable One Debt-to-Equity Chart

Cable One Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 1.46 2.15 2.17 1.95

Cable One Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial 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 2.17 2.19 2.13 2.06 1.95

Competitive Comparison of Cable One's Debt-to-Equity

For the Telecom Services subindustry, Cable One's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Cable One's Debt-to-Equity Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Cable One's Debt-to-Equity falls into.



Cable One Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cable One's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Cable One's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Cable One  (NYSE:CABO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Cable One Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Cable One's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Cable One (Cable One) Business Description

Traded in Other Exchanges
Address
210 East Earll Drive, Phoenix, AZ, USA, 85012
Cable One Inc is a telecommunications company. It derives revenue from the provision of broadband, voice, and video services to residential and business customers. From a product perspective, the majority of revenue is sourced from data and video services. This revenue is subscription-based and billed monthly. The company also offers Sparklight TV, an internet protocol-based (IPTV) video service that allows customers with our Sparklight TV app to stream our video channels from the cloud. The company also derives advertising revenue from selling airtime on its video channels. Voice services are offered over Internet protocols. The company owns a telecommunications infrastructure.
Executives
Thomas O. Might director, officer: Chairman and CEO 210 E. EARLL DRIVE, PHOENIX AZ 85012
Matthew Armstrong officer: SVP Residential Services 210 E EARLL DRIVE, PHOENIX AZ 85012
P Robert Bartolo director 1220 AUGUSTA DRIVE, SUITE 600, HOUSTON TX 77057
Eric Michael Lardy officer: SVP C/O CABLE ONE, INC., 210 E. EARLL DRIVE, PHOENIX AZ 85012
Christopher D Boone officer: See Remarks 210 E EARLL DR, C/O CABLE ONE, INC., PHOENIX AZ 85012
Thomas Sinnickson Gayner director C/O MARKEL CORP, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Brad D. Brian director C/O CABLE ONE, INC., 210 E. EARLL DRIVE, PHOENIX AZ 85012
James A Obermeyer officer: SVP, Marketing & Sales C/O CABLE ONE, INC., 210 E EARLL DR, PHOENIX AZ 85012
Peter N. Witty officer: See Remarks CABLE ONE, 210 E. EARLL DRIVE, PHOENIX AZ 85012
Wallace R Weitz director 210 E. EARLL DRIVE, PHOENIX AZ 85012
Steven Scott Cochran officer: SVP C/O WIDEOPENWEST, INC., 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Julia M. Laulis officer: President and COO 210 E. EARLL DRIVE, PHOENIX AZ 85012
Todd M Koetje officer: See Remarks CABLE ONE, INC., 210 E EARLL DR, PHOENIX AZ 85012
Margaret Masoner Detz officer: SVP, Human Resources C/O CABLE ONE, INC., 210 E EARLL DR, PHOENIX AZ 85012
Katharine Weymouth director 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209

Cable One (Cable One) Headlines

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