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Sprint (Sprint) Liabilities-to-Assets : 0.70 (As of Dec. 2019)


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What is Sprint Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Sprint's Total Liabilities for the quarter that ended in Dec. 2019 was $61,147 Mil. Sprint's Total Assets for the quarter that ended in Dec. 2019 was $86,902 Mil. Therefore, Sprint's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2019 was 0.70.


Sprint Liabilities-to-Assets Historical Data

The historical data trend for Sprint's Liabilities-to-Assets 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.

Sprint Liabilities-to-Assets Chart

Sprint Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Mar15 Mar16 Mar17 Mar18 Mar19
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.75 0.78 0.69 0.69

Sprint Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Liabilities-to-Assets 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 0.67 0.69 0.70 0.71 0.70

Competitive Comparison of Sprint's Liabilities-to-Assets

For the Telecom Services subindustry, Sprint's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Sprint's Liabilities-to-Assets Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Sprint's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Sprint's Liabilities-to-Assets falls into.



Sprint Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Sprint's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2019 is calculated as:

Liabilities-to-Assets (A: Mar. 2019 )=Total Liabilities/Total Assets
=58474/84601
=0.69

Sprint's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2019 is calculated as

Liabilities-to-Assets (Q: Dec. 2019 )=Total Liabilities/Total Assets
=61147/86902
=0.70

* 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.


Sprint  (NYSE:S) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Sprint Liabilities-to-Assets Related Terms

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Sprint (Sprint) Business Description

Traded in Other Exchanges
N/A
Address
6200 Sprint Parkway, Overland Park, KS, USA, 66251
A decade of operational problems has considerably diminished Sprint's position in the wireless industry. It is now the fourth- largest carrier in the United States, serving 26 million postpaid and 9 million prepaid phone customers directly and 13 million via wholesale channels. Over the past five years, the firm's share of the postpaid phone market has declined about 1 percentage point to 12%, leaving it about three fourths the size of T-Mobile U.S., the next smallest carrier. About 4% of sales come from the wireline unit, which provides phone and data services to the wireless unit and external customers. Japanese firm Softbank took a 78% stake in Sprint through the purchase of existing Sprint shares and a $5 billion equity infusion in 2013; it has since increased its stake to 85%.