How much debt does Cable One have?
According to Cable One's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Cable One's total debt stands at $3.60B. This is broken down into:
- Long-term debt: $3.58B
- Short-term debt: $21.52M
The company's net debt, which accounts for cash and cash equivalents, is $3.44B. In terms of overall financial obligations, Cable One's total liabilities amount to $4.73B.
Debt Ratios and Metrics
To better understand Cable One's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 2.00 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 55.13% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 3.20 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 66.54% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 66.70% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Cable One's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$3.60B
Long-term Debt
$3.58B
Short-term Debt
$21.52M
Net Debt
$3.44B
Total Liabilities
$4.73B
Interest Coverage
3.20
Debt to Equity Ratio
2.00
Debt Ratio
55.13%
Cable One Historical Debt Metrics
Cable One Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $3.60B | $3.58B | $21.52M | $3.44B | $4.73B | 2.00 | 55.13% | 3.20 | 66.54% | 66.70% |
| 2023 | $3.66B | $3.63B | $22.41M | $3.47B | $4.95B | 2.02 | 54.09% | 3.10 | 66.69% | 66.90% |
| 2022 | $3.81B | $3.76B | $59.85M | $3.59B | $5.16B | 2.17 | 55.09% | 3.91 | 68.10% | 68.42% |
| 2021 | $3.84B | $3.81B | $44.47M | $3.45B | $5.16B | 2.14 | 55.20% | 4.02 | 67.94% | 68.16% |
| 2020 | $2.18B | $2.16B | $30.16M | $1.60B | $2.99B | 1.45 | 48.46% | 5.02 | 58.97% | 59.26% |
| 2019 | $1.74B | $1.72B | $33.51M | $1.62B | $2.31B | 2.07 | 55.23% | 4.33 | 67.04% | 67.41% |
| 2018 | $1.16B | $1.14B | $20.62M | $898.57M | $1.53B | 1.50 | 50.48% | 4.43 | 59.56% | 59.99% |
| 2017 | $1.18B | $1.16B | $14.38M | $1.01B | $1.55B | 1.75 | 52.97% | 5.04 | 63.35% | 63.64% |
| 2016 | $537.14M | $530.89M | $6.25M | $399.10M | $942.76M | 1.18 | 38.44% | 6.23 | 53.88% | 54.17% |
| 2015 | $549.05M | $535.51M | $17.88M | $429.85M | $973.25M | 1.26 | 38.98% | 10.05 | 55.16% | 55.78% |
Related Metrics
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