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Altice USA Debt-to-Equity

: -24.86 (As of Sep. 2021)
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Altice USA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $1,890 Mil. Altice USA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $25,126 Mil. Altice USA's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $-1,087 Mil. Altice USA's debt to equity for the quarter that ended in Sep. 2021 was -24.86.

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 Altice USA's Debt-to-Equity or its related term are showing as below:

NYSE:ATUS' s Debt-to-Equity Range Over the Past 10 Years
Min: -24.86   Med: 7.19   Max: 35.34
Current: -24.86

-24.86
35.34

During the past 5 years, the highest Debt-to-Equity Ratio of Altice USA was 35.34. The lowest was -24.86. And the median was 7.19.

NYSE:ATUS's Debt-to-Equity is ranked higher than
99% of the 372 Companies
in the Telecommunication Services industry.

( Industry Median: 0.58 vs. NYSE:ATUS: -24.86 )

Altice USA Debt-to-Equity Historical Data

The historical data trend for Altice USA'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.

Altice USA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
11.84 3.99 6.21 10.88 -23.65

Altice USA Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Debt-to-Equity 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 35.34 -23.65 -20.19 -20.97 -24.86

Competitive Comparison

For the Telecom Services subindustry, Altice USA'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.

   

Altice USA Debt-to-Equity Distribution

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

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



Altice USA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Altice USA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Altice USA's Debt to Equity Ratio for the quarter that ended in Sep. 2021 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.


Altice USA  (NYSE:ATUS) 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.


Altice USA Debt-to-Equity Related Terms

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


Altice USA Business Description

Altice USA logo
Industry
Traded in Other Exchanges
Address
1 Court Square West, Long Island City, New York, NY, USA, 11101
Altice Europe acquired privately held U.S. cable company Suddenlink in 2015 and Cablevision in 2016. Suddenlink's networks provide television, Internet access, and phone services to roughly 3.5 million U.S. homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. Cablevision provides comparable services to about 5.5 million homes and business in the New York City metro area. Altice Europe spun off Altice USA, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018. Altice USA also owns News 12 Networks, which broadcasts local 24-hour news networks in New York, i24News, a news operation focused on the Middle East and Israel, and Cheddar, a news upstart.
Executives
Next Alt S.a.r.l. director, 10 percent owner 5, RUE EUGENE RUPPERT GRAND DUCHY OF LUXEMBOURG N4 L-2453
A4 S.a. director 5, RUE EUGENE RUPPERT GRAND DUCHY OF LUXEMBOURG N4 L-2453
Drahi Patrick director, 10 percent owner WIESTISTRASSE 14 ZERMATT V8 3920
Boubazine Abdelhakim officer: President & COO 1111 STEWART AVENUE BETHPAGE NY 11714
Schmidt Colleen officer: EVP Human Resources 1 COURT SQUARE W LONG ISLAND CITY NY 11101
Olsen Michael officer: EVP, Gen. Counsel & Secy 1 COURT SQUARE W LONG ISLAND CITY NY 11101
Taki Layth officer: Chief Accounting Officer 1 COURT SQUARE WEST LONG ISLAND CITY NY 11101
Grau Michael officer: Chief Financial Officer 1 COURT SQUARE W LONG ISLAND CITY NY 11101
Goei Dexter director, officer: Chief Executive Officer 1111 STEWART AVENUE BETHPAGE NY 11714
Stewart Charles director 1111 STEWART AVENUE BETHPAGE NY 11714
Bakker Gerrit Jan director 15 RUE PIERRE FATIO 6TH FLOOR GENEVA V8 1204
Mullen Mark director 1111 STEWART AVENUE BETHPAGE NY 11714
Okhuijsen Dennis director 1111 STEWART AVENUE BETHPAGE NY 11714
Connolly David other: Former EVP & General Counsel 1111 STEWART AVENUE BETHPAGE NY 11714
Cie Management Ix Ltd 10 percent owner HERITAGE HALL LE MARCHANT STREET ST. PETER PORT Y7 GY14HY

Altice USA Headlines

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