Telephone and Data Systems Inc (TDS) — Working Capital to Net Assets Ratio
Telephone and Data Systems Inc (TDS) has a Working Capital to Net Assets ratio of 9.6% as of September 2025. Working capital of $508.39 Million (current assets of $1.08 Billion minus current liabilities of $571.36 Million) is measured against net assets of $5.28 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Telephone and Data Systems Inc net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Telephone and Data Systems Inc Working Capital to Net Assets (1985–2024)
This chart shows how Telephone and Data Systems Inc's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1985 to 2024. As of September 2025, the ratio stands at 9.6%, reflecting working capital of $508.39 Million against net assets of $5.28 Billion USD. Check TDS tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Telephone and Data Systems Inc (1985–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Telephone and Data Systems Inc from 1985 to 2024, covering 40 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market value of Telephone and Data Systems Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 10.3% | $605.00 Million | $5.88 Billion | $1.70 Billion | $1.09 Billion | ▲ +2.4 pp |
| 2023 | 7.9% | $476.00 Million | $6.01 Billion | $1.66 Billion | $1.18 Billion | ▲ +0.2 pp |
| 2022 | 7.8% | $514.00 Million | $6.62 Billion | $2.03 Billion | $1.51 Billion | ▼ -5.3 pp |
| 2021 | 13.1% | $882.00 Million | $6.75 Billion | $2.06 Billion | $1.18 Billion | ▼ -20.4 pp |
| 2020 | 33.4% | $1.87 Billion | $5.60 Billion | $3.03 Billion | $1.15 Billion | ▲ +15.7 pp |
| 2019 | 17.7% | $959.00 Million | $5.42 Billion | $1.92 Billion | $962.00 Million | ▼ -9.6 pp |
| 2018 | 27.4% | $1.45 Billion | $5.30 Billion | $2.33 Billion | $879.00 Million | ▲ +5.9 pp |
| 2017 | 21.4% | $1.05 Billion | $4.89 Billion | $1.97 Billion | $918.00 Million | ▼ -3.3 pp |
| 2016 | 24.7% | $1.17 Billion | $4.75 Billion | $2.06 Billion | $887.00 Million | ▼ -1.1 pp |
| 2015 | 25.8% | $1.21 Billion | $4.71 Billion | $2.16 Billion | $944.38 Million | ▲ +10.0 pp |
| 2014 | 15.8% | $703.70 Million | $4.46 Billion | $1.77 Billion | $1.06 Billion | ▼ -3.4 pp |
| 2013 | 19.2% | $895.58 Million | $4.67 Billion | $2.09 Billion | $1.19 Billion | ▲ +1.2 pp |
| 2012 | 18.0% | $838.83 Million | $4.66 Billion | $1.76 Billion | $924.61 Million | ▼ -0.1 pp |
| 2011 | 18.1% | $831.55 Million | $4.60 Billion | $1.71 Billion | $874.13 Million | ▲ +0.5 pp |
| 2010 | 17.6% | $785.44 Million | $4.46 Billion | $1.60 Billion | $810.63 Million | ▼ -1.8 pp |
| 2009 | 19.4% | $863.85 Million | $4.44 Billion | $1.64 Billion | $780.30 Million | ▲ +0.1 pp |
| 2008 | 19.4% | $855.65 Million | $4.42 Billion | $1.63 Billion | $773.29 Million | ▼ -4.1 pp |
| 2007 | 23.5% | $1.08 Billion | $4.58 Billion | $3.88 Billion | $2.80 Billion | ▲ +2.3 pp |
| 2006 | 21.3% | $888.35 Million | $4.18 Billion | $2.97 Billion | $2.08 Billion | ▲ +2.7 pp |
| 2005 | 18.5% | $722.87 Million | $3.90 Billion | $1.78 Billion | $1.06 Billion | ▼ -10.4 pp |
| 2004 | 29.0% | $1.07 Billion | $3.69 Billion | $1.81 Billion | $741.32 Million | ▲ +6.6 pp |
| 2003 | 22.4% | $808.00 Million | $3.61 Billion | $1.50 Billion | $696.95 Million | ▲ +0.3 pp |
| 2002 | 22.0% | $780.85 Million | $3.54 Billion | $1.95 Billion | $1.17 Billion | ▲ +25.6 pp |
| 2001 | -3.6% | $-141.86 Million | $3.99 Billion | $674.36 Million | $816.22 Million | ▲ +6.9 pp |
| 2000 | -10.5% | $-457.31 Million | $4.38 Billion | $527.10 Million | $984.41 Million | ▼ -15.1 pp |
| 1999 | 4.6% | $138.30 Million | $3.00 Billion | $508.00 Million | $369.70 Million | ▲ +11.9 pp |
| 1998 | -7.3% | $-218.00 Million | $3.00 Billion | $405.40 Million | $623.40 Million | ▲ +12.1 pp |
| 1997 | -19.4% | $-497.60 Million | $2.57 Billion | $408.30 Million | $905.90 Million | ▼ -12.9 pp |
| 1996 | -6.5% | $-163.20 Million | $2.49 Billion | $346.10 Million | $509.30 Million | ▲ +1.6 pp |
| 1995 | -8.1% | $-166.50 Million | $2.04 Billion | $261.20 Million | $427.70 Million | ▲ +0.8 pp |
| 1994 | -9.0% | $-160.30 Million | $1.79 Billion | $185.90 Million | $346.20 Million | ▼ -10.0 pp |
| 1993 | 1.1% | $16.10 Million | $1.49 Billion | $179.60 Million | $163.50 Million | ▲ +3.1 pp |
| 1992 | -2.0% | $-20.80 Million | $1.05 Billion | $143.40 Million | $164.20 Million | ▼ -1.0 pp |
| 1991 | -1.0% | $-7.80 Million | $800.90 Million | $121.50 Million | $129.30 Million | ▲ +4.0 pp |
| 1990 | -5.0% | $-24.10 Million | $484.20 Million | $121.80 Million | $145.90 Million | ▼ -15.4 pp |
| 1989 | 10.4% | $41.20 Million | $395.40 Million | $114.00 Million | $72.80 Million | ▲ +8.8 pp |
| 1988 | 1.6% | $3.10 Million | $193.60 Million | $94.00 Million | $90.90 Million | ▲ +8.4 pp |
| 1987 | -6.7% | $-9.20 Million | $136.30 Million | $87.00 Million | $96.20 Million | ▼ -6.8 pp |
| 1986 | 0.1% | $100.00K | $104.70 Million | $78.60 Million | $78.50 Million | ▲ +10.3 pp |
| 1985 | -10.2% | $-8.90 Million | $87.10 Million | $69.90 Million | $78.80 Million | — |