Telephone and Data Systems, Inc. (TDS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.52B | 923.47M | 1.08B | 1.79B | 1.69B | 1.7B | 1.75B | 1.64B | 1.63B | 1.66B | 1.68B | 1.75B | 1.9B | 2.03B | 2.09B | 2.05B | 2.08B | 2.06B | 2.3B | 1.99B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | 1.37B | 765.95M | 932.99M | 540M | 348M | 364M | 451M | 322M | 249M | 236M | 256M | 293M | 309M | 360M | 481M | 466M | 549M | 367M | 725M | 385M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 25.22 | 28.89 | 151.74 | 70.63 | 73.43 | 70.15 | 70.65 | 70.05 | 70.2 | 69.42 | 72.53 | 74.52 | 73.11 | 72.51 | 70.22 | 70.86 | 72 | 68.8 | 68.24 | 67.82 |
| Inventory | 3.75M | 4.06M | 4.04M | 130M | 182M | 183M | 167M | 148M | 184M | 208M | 181M | 216M | 269M | 268M | 252M | 213M | 184M | 178M | 142M | 189M |
| Days Inventory Outstanding | 1.67 | 1.16 | 26.26 | 28.85 | 35.86 | 28.55 | 28.08 | 28.88 | 33.59 | 29.48 | 32.21 | 38.85 | 40.82 | 36.13 | 30.43 | 29.13 | 28.09 | 21.97 | 25 | 25.33 |
| Other Current Assets | 8.79M | 13.98M | 15.59M | 32M | 52M | 33M | 40M | 42M | 49M | 52M | 60M | 8M | 9M | 58M | 7M | 54M | 62M | 79M | 56M | 50M |
| Total Non-Current Assets | 6.69B | 7.47B | 7.45B | 11.74B | 11.85B | 11.99B | 11.98B | 12.23B | 12.24B | 12.26B | 12.73B | 12.66B | 12.64B | 12.52B | 12.39B | 12.19B | 12.04B | 11.43B | 11.15B | 10.79B |
| Property, Plant & Equipment | 3.54B | 3.48B | 3.41B | 5.78B | 5.85B | 5.98B | 5.96B | 5.95B | 6.03B | 6.05B | 5.99B | 5.92B | 5.86B | 5.75B | 5.66B | 5.58B | 5.42B | 5.4B | 5.13B | 4.99B |
| Fixed Asset Turnover | 0.09x | 0.10x | 0.07x | 0.20x | 0.20x | 0.21x | 0.21x | 0.21x | 0.21x | 0.22x | 0.21x | 0.22x | 0.22x | 0.24x | 0.25x | 0.25x | 0.24x | 0.26x | 0.26x | 0.26x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 547M | 547M | 547M | 547M | 547M | 547M | 547M | 547M | 547M | 547M |
| Intangible Assets | 1.77B | 1.77B | 1.79B | 4.74B | 4.74B | 4.75B | 4.75B | 4.9B | 4.9B | 4.89B | 4.89B | 4.9B | 4.9B | 4.9B | 4.9B | 4.89B | 4.88B | 4.29B | 4.31B | 4.13B |
| Long-Term Investments | 486.13M | 461.92M | 501M | 493M | 527M | 500M | 524M | 507M | 526M | 505M | 520M | 963M | 986M | 495M | 946M | 483M | 506M | 479M | 509M | 487M |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 8.21B | 8.4B | 8.53B | 13.53B | 13.54B | 13.68B | 13.73B | 13.87B | 13.87B | 13.92B | 14.41B | 14.41B | 14.54B | 14.55B | 14.48B | 14.24B | 14.12B | 13.49B | 13.45B | 12.78B |
| Asset Turnover | 0.04x | 0.04x | 0.03x | 0.09x | 0.08x | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x |
| Asset Growth % | -39.34% | -38.62% | -37.84% | -2.49% | -2.38% | -1.72% | -4.77% | -3.71% | -4.63% | -4.32% | -0.45% | 1.15% | 2.94% | 7.84% | 7.68% | 11.44% | 5.35% | 7.72% | 13.04% | 14.51% |
| Total Current Liabilities | 443.68M | 440.31M | 571.36M | 1B | 965M | 1.09B | 1.1B | 1.09B | 1.03B | 1.18B | 1.33B | 1.28B | 1.23B | 1.51B | 1.41B | 1.23B | 1.11B | 1.18B | 1.29B | 986M |
| Accounts Payable | 97.07M | 115.82M | 121M | 268M | 247M | 280M | 334M | 327M | 302M | 360M | 550M | 364M | 344M | 506M | 506M | 443M | 388M | 481M | 466M | 374M |
| Days Payables Outstanding | 45.53 | 33.77 | 76.2 | 47.63 | 51.78 | 50.08 | 58.93 | 54.72 | 56.73 | 68.96 | 74.15 | 56.71 | 64.61 | 70.32 | 62.1 | 60.98 | 67.42 | 65.02 | 63.45 | 55.66 |
| Short-Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 146.68M | 189.54M | 364.53M | 224M | 190M | 288M | 239M | 243M | 207M | 319M | 265M | 558M | 593M | 500M | 586M | 338M | 266M | 261M | 216M | 190M |
| Current Ratio | 3.43x | 2.10x | 1.89x | 1.78x | 1.75x | 1.56x | 1.59x | 1.51x | 1.58x | 1.40x | 1.27x | 1.37x | 1.55x | 1.34x | 1.48x | 1.66x | 1.87x | 1.75x | 1.78x | 2.02x |
| Quick Ratio | 3.42x | 2.09x | 1.88x | 1.65x | 1.56x | 1.39x | 1.44x | 1.37x | 1.40x | 1.23x | 1.13x | 1.20x | 1.33x | 1.16x | 1.30x | 1.49x | 1.70x | 1.60x | 1.67x | 1.83x |
| Cash Conversion Cycle | -18.64 | -3.73 | 101.8 | 51.86 | 57.51 | 48.62 | 39.81 | 44.21 | 47.06 | 29.94 | 30.58 | 56.65 | 49.32 | 38.32 | 38.55 | 39.01 | 32.66 | 25.75 | 29.79 | 37.48 |
| Total Non-Current Liabilities | 2.5B | 2.69B | 2.68B | 6.69B | 6.7B | 6.71B | 6.74B | 6.79B | 6.82B | 6.73B | 6.56B | 6.58B | 6.73B | 6.42B | 6.37B | 6.25B | 6.24B | 5.57B | 5.42B | 5.73B |
| Long-Term Debt | 672.7M | 1.37B | 825.31M | 4.03B | 4.04B | 4.05B | 4.1B | 4.1B | 4.16B | 4.08B | 3.84B | 3.87B | 4.04B | 3.73B | 3.61B | 3.46B | 3.57B | 2.93B | 2.8B | 3.33B |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 2.95B | 3.13B | 3.25B | 7.7B | 7.67B | 7.8B | 7.84B | 7.87B | 7.85B | 7.91B | 7.88B | 7.86B | 7.95B | 7.93B | 7.78B | 7.49B | 7.35B | 6.75B | 6.71B | 6.71B |
| Total Debt | 1.25B | 1.95B | 1.41B | 5.08B | 5.09B | 5.1B | 5.14B | 5.15B | 5.22B | 5.14B | 4.91B | 4.98B | 5.11B | 4.8B | 4.7B | 4.56B | 4.67B | 4.04B | 4.08B | 4.43B |
| Net Debt | -115.87M | 1.19B | 477.09M | 4.54B | 4.75B | 4.74B | 4.69B | 4.83B | 4.97B | 4.91B | 4.65B | 4.69B | 4.8B | 4.44B | 4.21B | 4.09B | 4.12B | 3.67B | 3.36B | 4.04B |
| Debt / Equity | 0.24x | 0.37x | 0.27x | 0.87x | 0.87x | 0.87x | 0.87x | 0.86x | 0.87x | 0.86x | 0.75x | 0.76x | 0.78x | 0.73x | 0.70x | 0.68x | 0.69x | 0.60x | 0.61x | 0.73x |
| Debt / EBITDA | 15.26x | 19.95x | 72.72x | 18.28x | 18.94x | 18.55x | 32.53x | 18.93x | 17.34x | - | 17.97x | 19.37x | 19.56x | 22.55x | 20.96x | 15.72x | 14.42x | 16.20x | 14.48x | 15.22x |
| Net Debt / EBITDA | -1.41x | 12.13x | 24.60x | 16.34x | 17.65x | 17.23x | 29.67x | 17.75x | 16.51x | - | 17.04x | 18.23x | 18.38x | 20.86x | 18.82x | 14.12x | 12.72x | 14.73x | 11.91x | 13.90x |
| Interest Coverage | -0.69x | 7.93x | 1.13x | 0.53x | 1.33x | 1.18x | -0.37x | 1.18x | 2.02x | -7.30x | 1.50x | 0.61x | 1.47x | -0.20x | 0.72x | 1.83x | 4.30x | 0.82x | 2.22x | 0.71x |
| Total Equity | 5.26B | 5.27B | 5.28B | 5.83B | 5.87B | 5.88B | 5.89B | 6B | 6.02B | 6.01B | 6.53B | 6.55B | 6.59B | 6.62B | 6.7B | 6.75B | 6.77B | 6.75B | 6.74B | 6.07B |
| Equity Growth % | -10.31% | -10.48% | -10.26% | -2.78% | -2.52% | -2.06% | -9.8% | -8.41% | -8.61% | -9.18% | -2.58% | -3.05% | -2.75% | -1.93% | -0.53% | 11.34% | 11.69% | 20.38% | 20.34% | 10.03% |
| Book Value per Share | 44.78 | 44.82 | 45.96 | 50.70 | 51.47 | 51.61 | 51.66 | 52.61 | 51.45 | 53.17 | 57.78 | 57.96 | 58.29 | 58.54 | 58.79 | 58.23 | 58.39 | 58.15 | 58.09 | 52.30 |
| Total Shareholders' Equity | 4.92B | 5.27B | 4.47B | 5B | 5.08B | 5.09B | 5.08B | 5.15B | 5.2B | 5.2B | 5.73B | 5.75B | 5.82B | 5.85B | 5.9B | 5.94B | 5.96B | 5.93B | 5.91B | 5.22B |
| Common Stock | 1.33M | 0 | 1.33M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
| Retained Earnings | 1.81B | 0 | 1.3B | 1.76B | 1.82B | 1.85B | 1.86B | 1.96B | 2.01B | 2.02B | 2.57B | 2.61B | 2.66B | 2.7B | 2.76B | 2.81B | 2.82B | 2.81B | 2.82B | 2.81B |
| Treasury Stock | -471.23M | 0 | -405.49M | -389M | -414M | -425M | -433M | -437M | -460M | -465M | -465M | -466M | -474M | -481M | -468M | -463M | -456M | -461M | -459M | -458M |
| Accumulated OCI | 21.09M | 0 | 17.27M | 18M | 18M | 18M | 11M | 11M | 11M | 11M | 5M | 5M | 5M | 5M | 7M | 6M | 6M | 5M | -2M | -2M |
| Minority Interest | 338.62M | 0 | 817.93M | 827M | 790M | 793M | 814M | 850M | 816M | 806M | 803M | 797M | 771M | 766M | 798M | 816M | 813M | 818M | 827M | 846M |