Altice USA (Altice USA) Debt-to-Equity

: -60.02 (As of Dec. 2023)

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Altice USA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $359 Mil. Altice USA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $24,980 Mil. Altice USA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-422 Mil. Altice USA's debt to equity for the quarter that ended in Dec. 2023 was -60.02.

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:

ATUS' s Debt-to-Equity Range Over the Past 10 Years
Min: -60.02 Med: -9.83 Max: 11.84
Current: -60.02

During the past 8 years, the highest Debt-to-Equity Ratio of Altice USA was 11.84. The lowest was -60.02. And the median was -9.83.

ATUS's Debt-to-Equity is not ranked
in the Telecommunication Services industry.
Industry Median: 0.66 vs ATUS: -60.02

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

Dec21

Dec22

Dec23

Debt-to-Equity

10.88

-23.65

-32.67

-56.50

-60.02

Altice USA 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																-56.50	-53.62	-67.02	-83.22	-60.02

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. 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
	=	(359.407	+	24980.201)	/	-422.18
	=	-60.02

Altice USA'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
	=	(359.407	+	24980.201)	/	-422.18
	=	-60.02

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

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Altice USA (Altice USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Altice USA Inc (NYSE:ATUS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

15PA:Germany 15PA:Germany

Address

1 Court Square West, Long Island City, New York, NY, USA, 11101

Website

https://www.alticeusa.com

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. Both regions operate under the Optimum brand name. 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 news in New York, i24News, a news operation focused on the Middle East, and Cheddar, a news upstart.

Executives

Alexandre Fonseca	director	1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Marc Sirota	officer: Chief Financial Officer	1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Patrick Drahi	director, 10 percent owner	WIESTISTRASSE 14, ZERMATT V8 3920
Next Alt S.a.r.l.	director, 10 percent owner	5, RUE EUGENE RUPPERT, GRAND DUCHY OF LUXEMBOURG N4 L-2453
Dennis Mathew	officer: Chief Executive Officer	1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Maria Bruzzese	officer: Chief Accounting Officer	1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Charles Stewart	officer: Co-President & CFO	1111 STEWART AVENUE, BETHPAGE NY 11714
Mark Mullen	director	1111 STEWART AVENUE, BETHPAGE NY 11714
Susan C Schnabel	director	C/O CREDIT SUISSE FIRST BOSTON, 11 MADISON AVE, NEW YORK NY 10010
Gerrit Jan Bakker	director	15 RUE PIERRE FATIO 6TH FLOOR, GENEVA V8 1204
Raymond Svider	director	650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Michael Olsen	officer: Acting Gen Counsel & Secretary	1 COURT SQUARE W, LONG ISLAND CITY NY 11101
Michael Grau	officer: Chief Financial Officer	1 COURT SQUARE W, LONG ISLAND CITY NY 11101
Soroban Opportunities Master Fund Lp	10 percent owner	WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD, GEORGE TOWN E9 KY1-9008
Soroban Capital Gp Llc	10 percent owner	55 WEST 46TH STREET, 32ND FLOOR, NEW YORK NY 10036