TELUS (TU) Debt-to-Equity : 1.70 (As of Dec. 2023)

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What is TELUS Debt-to-Equity?

TELUS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,055 Mil. TELUS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $17,408 Mil. TELUS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $12,010 Mil. TELUS's debt to equity for the quarter that ended in Dec. 2023 was 1.70.

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

TU' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.26 Med: 1.49 Max: 1.76
Current: 1.7

During the past 13 years, the highest Debt-to-Equity Ratio of TELUS was 1.76. The lowest was 1.26. And the median was 1.49.

TU's Debt-to-Equity is ranked worse than
77.36% of 349 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs TU: 1.70

TELUS Debt-to-Equity Historical Data

The historical data trend for TELUS'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.

TELUS Debt-to-Equity Chart

TELUS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.76

1.69

1.39

1.52

1.70

TELUS 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															1.52	1.64	1.66	1.71	1.70

Competitive Comparison of TELUS's Debt-to-Equity

For the Telecom Services subindustry, TELUS'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.

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

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

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

TELUS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3054.562	+	17408.318)	/	12009.541
	=	1.70

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3054.562	+	17408.318)	/	12009.541
	=	1.70

TELUS (NYSE:TU) 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.

TELUS Debt-to-Equity Related Terms

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

TELUS (TU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TELUS Corp (NYSE:TU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BCZ:Germany T:Canada

Address

510 West Georgia Street, 23rd Floor, Vancouver, BC, CAN, V6B 0M3

Website

https://www.telus.com

Telus is one of the Big Three wireless service providers in Canada, with its nearly 10 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.