Can Telephone and Data Systems cover its short-term obligations?

Its current ratio is 3.43 — current assets exceed current liabilities.

Where does Telephone and Data Systems's balance sheet data come from?

Every line is extracted from Telephone and Data Systems's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Telephone and Data Systems TDS Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Cash and cash equivalents	$1.37B+78.0%	$770.15M-17.8%	$937.19M+67.7%	$559M+50.6%	$371.19M-3.1%
Restricted cash	$4.2M0.0%	$4.2M0.0%	$4.2M-77.9%	$19M-17.4%	$23M+17.3%
Accounts receivable, net	$63.43M-7.7%	$68.74M+15.9%	$59.31M-93.6%	$920M-0.1%	$921M+1,512%
Inventories	$3.75M-7.8%	$4.06M+0.6%	$4.04M-96.9%	$130M-28.6%	$182M+4,392%
Prepaid expenses and other current assets	$33.86M+20.0%	$28.21M-4.0%	$29.38M-61.3%	$76M-22.4%	$98M+203%
Income taxes receivable	$0-100%	$1.29M—	$0-100%	$2M-33.3%	$3M+20.6%
Assets held for sale	——	——	——	——	$14M—
Contract assets	$10.67M+204%	$3.51M+174%	$1.28M-78.7%	$6M-14.3%	$7M+69.1%
Total current assets	$1.52B+64.6%	$923.47M-14.5%	$1.08B-39.5%	$1.79B+6.8%	$1.67B-1.3%
Property and equipment, net	$3.03B+2.0%	$2.97B+2.8%	$2.88B-40.0%	$4.81B-1.3%	$4.87B+69.4%
Land	——	——	——	——	——
Buildings and improvements	——	——	——	——	——
Furniture, fixtures and equipment	——	——	——	——	——
Leasehold improvements	——	——	——	——	——
Construction in progress	——	——	——	——	——
Accumulated depreciation	$4.2B+1.0%	$4.16B+0.7%	$4.13B-57.3%	$9.66B+1.8%	$9.49B+129%
Operating lease right-of-use assets	$513.24M-0.4%	$515.08M-1.5%	$523.1M-46.3%	$975M-0.3%	$978M+1,995,918,367,247%
Intangible assets, net	$124.39M-5.5%	$131.67M-5.2%	$138.96M-4.8%	$146M-5.2%	$154M-4.2%
Deferred tax assets	$699.15M-6.0%	$743.63M+4.0%	$715.09M-27.2%	$982M-0.5%	$987M+269%
Other non-current assets	$161.91M+1.4%	$159.6M+15.7%	$137.89M-81.0%	$726M-0.4%	$729M+423%
Equity method investments	$21.51M+3.3%	$20.83M0.0%	$20.84M-0.7%	$21M0.0%	$21M+5.6%
Total assets	$8.21B-2.2%	$8.4B-1.6%	$8.53B-36.9%	$13.53B+68.3%	$8.04B-41.3%
Accounts payable	$97.07M-16.2%	$115.82M-4.3%	$121M-54.9%	$268M+8.5%	$247M+230%
Accrued expenses	$27.63M-51.3%	$56.77M+9.3%	$51.95M-46.4%	$97M+56.5%	$62M-57.8%
Deferred revenue	$84.17M-32.7%	$125.14M-24.0%	$164.58M-39.0%	$270M-2.2%	$276M+487%
Current portion of long-term debt	$7.52M+42.5%	$5.27M+65.5%	$3.19M-91.4%	$37M+5.7%	$35M+12.4%
Operating lease liabilities, current	$26.3M+0.4%	$26.18M-1.1%	$26.48M-82.1%	$148M-2.0%	$151M+449%
Liabilities held for sale	——	——	——	——	$5M—
Contract liabilities	$48.7M+21.9%	$39.94M-8.7%	$43.73M-88.1%	$366M-1.6%	$372M+662%
Income taxes payable	$138.49M+196%	$46.72M-66.3%	$138.69M+256%	$39M-4.9%	$41M+12.1%
Accrued interest	$3.42M+20.4%	$2.84M-32.9%	$4.22M-71.8%	$15M-40.0%	$25M+178%
Total current liabilities	$443.68M+0.8%	$440.31M-22.9%	$571.36M-42.9%	$1B+4.3%	$960M-11.9%
Deferred tax liabilities	——	——	——	——	——
Long-term debt	$672.7M-18.8%	$828.64M+0.4%	$825.31M-79.5%	$4.03B-0.3%	$4.04B+65.2%
Operating lease liabilities, non-current	$548.42M-0.2%	$549.62M-1.0%	$555.1M-36.0%	$867M0.0%	$867M+60.3%
Other non-current liabilities	$584.48M+1.8%	$574.03M-0.5%	$576.95M-29.2%	$815M+1.0%	$807M+75.2%
Preferred stock	$1.07B0.0%	$1.07B0.0%	$1.07B0.0%	$1.07B0.0%	$1.07B0.0%
Common stock	290M0.0%	290M0.0%	290M0.0%	290M0.0%	290M0.0%
Additional paid-in capital	$2.49B+0.1%	$2.48B+0.2%	$2.48B-2.2%	$2.54B-1.8%	$2.58B+0.3%
Retained earnings	$1.81B+7.0%	$1.69B+30.2%	$1.3B-26.3%	$1.77B-2.9%	$1.82B-1.7%
Accumulated other comprehensive income (loss)	$21.1M-1.9%	$21.51M+24.5%	$17.27M-4.0%	$18M0.0%	$18M-1.3%
Treasury stock	$471.23M-0.4%	$473.07M+16.7%	$405.49M+4.2%	$389M-6.0%	$414M-2.7%
Redeemable noncontrolling interests	——	——	——	——	——
Noncontrolling interests	$338.62M-27.3%	$465.75M-43.1%	$817.93M+0.9%	$811M+4.8%	$774M-0.4%
Total stockholders' equity	$4.92B+2.6%	$4.8B+7.5%	$4.47B-10.7%	$5B-1.5%	$5.08B-0.3%
Total liabilities and stockholders' equity	$8.21B-2.2%	$8.4B-1.6%	$8.53B-36.9%	$13.53B-0.1%	$13.54B-1.1%
Allowance for Doubtful Accounts	$4.9M+43.8%	$3.41M+0.7%	$3.38M-94.2%	$58M-4.9%	$61M+1,297%
Allowance for Doubtful Accounts Receivable (Current)	$4.9M+43.8%	$3.41M+0.7%	$3.38M-94.2%	$58M-4.9%	$61M+1,297%
Other current assets	$12.99M-7.1%	$13.98M+0.1%	$13.96M-56.4%	$32M-15.8%	$38M+22.2%
Operating Lease Income - 2022 (Lessor)	——	——	——	——	——
Other Receivables	$39.45M-4.3%	$41.24M+7.3%	$38.42M-55.3%	$86M+3.6%	$83M+100%
Trading Securities in Marketable Securities	$21.51M+3.3%	$20.83M0.0%	$20.84M-0.7%	$21M0.0%	$21M+5.6%
Alternative Investments Fair Value	$7.16M-3.9%	$7.45M-21.7%	$9.52M+19.0%	$8M0.0%	$8M-8.4%
Capitalized Contract Costs, Net	$17.25M+3.6%	$16.64M+4.3%	$15.95M-89.0%	$145M+0.7%	$144M+839%
Capitalized Computer Software, Net	——	——	——	——	——
Deferred Tax Assets and Other Non-Current Assets	$161.91M+81.1%	$89.39M-35.2%	$137.89M-81.0%	$726M-0.4%	$729M+571%
Equity Securities Without Readily Determinable Fair Value - Cumulative Downward Adjustments	$21.51M+3.3%	$20.83M0.0%	$20.84M-0.7%	$21M0.0%	$21M+5.6%
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	——	——	——	——	——
Finite Lived Intangible Assets - Gross	——	——	——	——	——
Indefinite-Lived Intangible Assets	$1.64B0.0%	$1.64B-0.4%	$1.65B-64.1%	$4.59B0.0%	$4.59B+39.5%
Investments - Amortized Cost Basis	$21.51M+3.3%	$20.83M0.0%	$20.84M-0.7%	$21M0.0%	$21M+5.6%
Net Investment in Lease	$513.24M-70.7%	$1.75B+235%	$523.1M-46.3%	$975M-0.3%	$978M+204%
Intangible assets — net	$124.39M-5.5%	$131.67M-5.2%	$138.96M-4.8%	$146M-5.2%	$154M-4.2%
Investments	$486.13M+5.2%	$461.92M-7.8%	$501M+1.6%	$493M-6.4%	$526.68M+5.2%
Operating lease right-of-use assets	$513.24M-0.4%	$515.08M-1.5%	$523.1M-46.3%	$975M-0.3%	$978M+87.8%
Other non-current assets	$161.91M+1.4%	$159.6M+15.7%	$137.89M-81.0%	$726M-0.4%	$729M+423%
Property, Plant and Equipment, Other, Gross	——	——	——	——	——
Operating Lease Right-of-Use Assets in Other Assets	$513.24M-0.4%	$515.08M-1.5%	$523.1M-46.3%	$975M-0.3%	$978M+87.8%
Other Investments	$7.16M-3.9%	$7.45M-21.7%	$9.52M+19.0%	$8M0.0%	$8M-8.4%
Software and Technology Licenses, Net	$161.91M-63.6%	$444.43M+222%	$137.89M-81.0%	$726M-0.4%	$729M+72.0%
Tax Credit Carryforward Valuation Allowance	——	——	——	——	——
Accrued Contingent Liabilities	——	——	——	——	——
Accrued Manufacturing Costs	$27.63M-51.3%	$56.77M+9.3%	$51.95M-46.4%	$97M+56.5%	$62M-57.8%
Compensation and benefits	$27.63M-51.3%	$56.77M+9.3%	$51.95M-46.4%	$97M+56.5%	$62M-57.8%
Other accrued liabilities	$38.86M-6.0%	$41.32M+3.9%	$39.79M-68.7%	$127M+3.3%	$123M+173%
Current Portion of Long-Term Debt and Finance Lease Obligations	$7.52M+42.5%	$5.27M+65.5%	$3.19M-91.4%	$37M+5.7%	$35M+12.4%
Accrued Employee Benefits (Non-Current)	——	——	——	——	——
Debt Maturity - 2027	——	——	——	——	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	——	——	——	——	——
Defined Benefit Pension Plan Liabilities (Non-Current)	——	——	——	——	——
Long-Term Debt and Finance Lease Obligations	$672.7M-18.3%	$823.36M-0.2%	$825.31M-79.5%	$4.03B-0.3%	$4.04B+67.3%
Total debt	$1.25B-11.0%	$1.41B0.0%	$1.41B-72.3%	$5.08B-0.3%	$5.1B+45.7%
Unrecognized Tax Benefits	——	——	——	——	——
Unrecognized Tax Benefits - Impacting Effective Tax Rate	——	——	——	——	——
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued	——	——	——	——	——
Common Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common Stock Shares Issued	133.2M0.0%	133.2M0.0%	133.2M+0.2%	133M0.0%	133M-0.2%
Convertible Preferred Stock Authorized Shares	279K0.0%	279K0.0%	279K0.0%	279K0.0%	279K-99.9%
Convertible Preferred Stock Outstanding Shares	44.4K0.0%	44.4K0.0%	44.4K0.0%	44.4K0.0%	44.4K-99.9%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$1.33M0.0%	$1.33M0.0%	$1.33M+33.2%	$1M0.0%	$1M-24.9%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$1.07B0.0%	$1.07B0.0%	$1.07B0.0%	$1.07B0.0%	$1.07B0.0%
Treasury Stock, Value	$471.23M-0.4%	$473.07M+16.7%	$405.49M+4.2%	$389M-6.0%	$414M-2.7%
Preferred Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Share-Based Payment - Unrecognized Cost of Nonvested Awards	——	——	——	——	——
Defined Benefit Plan Funded Status	——	——	——	——	——
Number of Countries of Operation	——	——	——	——	——
Allowance for doubtful accounts	$4.9M+43.8%	$3.41M+0.7%	$3.38M-94.2%	$58M-4.9%	$61M+1,297%
Cable And Wire Equipment	——	——	——	——	——
Capitalized Contract Cost, Net	$17.25M+3.6%	$16.64M+4.3%	$15.95M-89.0%	$145M+0.7%	$144M+839%
Common stock, par value (in dollars per share)	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common stock, shares authorized (in shares)	$290M0.0%	$290M0.0%	$290M0.0%	$290M0.0%	$290M0.0%
Common stock, shares issued (in shares)	$133.24M0.0%	$133.24M0.0%	$133.24M+0.2%	$133M0.0%	$133M-0.2%
Common Stock, Shares, Outstanding	$113.85M+0.1%	$113.78M-1.5%	$115.54M+0.5%	$115M+0.9%	$114M-0.3%
Communications infrastructure assets	——	——	——	——	——
Construction work in progress	——	——	——	——	——
Contract with Customer, Liability	$48.7M+21.9%	$39.94M-8.7%	$43.73M-88.1%	$366M-1.6%	$372M+662%
Debt issuances	——	——	——	——	——
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	——	——	——	——	——
Deferred Tax Liabilities, Gross	——	——	——	——	——
Deferred income taxes	$699.15M-6.0%	$743.63M+4.0%	$715.09M-27.2%	$982M-0.5%	$987M+0.6%
Disallowed business interest expense carryforward	——	——	——	——	——
Contract liabilities	——	——	——	——	——
Deferred Tax Assets, Gross	——	——	——	——	——
Lease liabilities	——	——	——	——	——
Deferred Tax Assets, Net of Valuation Allowance	——	——	——	——	——
Deferred Tax Assets, Operating Loss Carryforwards	——	——	——	——	——
Deferred Tax Assets, Valuation Allowance	——	——	——	——	——
Deferred Tax Liabilities, Net	——	——	——	——	——
Federal and state intangible assets	——	——	——	——	——
Deferred Tax Liabilities Investment In Affiliates	——	——	——	——	——
Lease assets	——	——	——	——	——
Deferred Tax Liabilities, Other	——	——	——	——	——
Deferred Tax Liabilities, Property, Plant and Equipment	——	——	——	——	——
Less: Fair value of plan assets at end of period	——	——	——	——	——
Unrecognized compensation cost related to non-vested awards	——	——	——	——	——
Total initial cost	——	——	——	——	——
Equity method investments (Note 11)	$457.46M+5.5%	$433.64M-7.9%	$470.63M+1.4%	$464M-6.8%	$498M+5.5%
Equity Method Investments Cumulative Share Of Distributions	——	——	——	——	——
Equity Method Investments Cumulative Share Of Income	——	——	——	——	——
Trading securities, cost	$21.51M+3.3%	$20.83M0.0%	$20.84M-0.7%	$21M0.0%	$21M+5.6%
FCC licenses, number of accounting units	——	——	——	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	$164.49M+4.6%	$157.21M+4.9%	$149.93M+4.8%	$143M+5.9%	$135M+5.4%
2028	——	——	——	——	——
2030	——	——	——	——	——
2031	——	——	——	——	——
2027	——	——	——	——	——
2029	——	——	——	——	——
Gross Carrying Amount	——	——	——	——	——
Hosting arrangement, service contract, implementation cost, capitalized, accumulated amortization	——	——	——	——	——
Hosting Arrangement, Service Contract, Implementation Cost, Capitalized, before Accumulated Amortization	——	——	——	——	——
Cloud computing arrangements	——	——	——	——	——
Tax receivable within other current assets	$0-100%	$1.29M—	$0-100%	$2M-33.3%	$3M+20.6%
Line of credit facility penalty	——	——	——	——	——
Long-Term Debt and Lease Obligation	$672.7M-18.3%	$823.36M-0.2%	$825.31M-79.5%	$4.03B-0.3%	$4.04B+67.3%
Less: current maturities	$7.52M+42.5%	$5.27M+65.5%	$3.19M-91.4%	$37M+5.7%	$35M+12.4%
2028	——	——	——	——	——
2029	——	——	——	——	——
2029	——	——	——	——	——
2030	——	——	——	——	——
2027	——	——	——	——	——
Loss Contingency Accrual	——	——	——	——	——
Noncontrolling interests in subsidiaries	$338.62M-27.3%	$465.75M-43.1%	$817.93M+0.9%	$811M+4.8%	$774M-0.4%
Network And Switching Equipment	——	——	——	——	——
Number of connections	——	——	——	——	——
Number Of States In Which Entity Operates	——	——	——	——	——
Number of towers	——	——	——	——	——
Other receivables	$39.45M-4.3%	$41.24M+7.3%	$38.42M-55.3%	$86M+3.6%	$83M+100%
Preferred Stock, Par or Stated Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Preferred Stock, Shares Authorized	$279K0.0%	$279K0.0%	$279K0.0%	$279K0.0%	$279K-99.9%
Preferred Stock, Shares Outstanding	$44.4K0.0%	$44.4K0.0%	$44.4K0.0%	$44.4K0.0%	$44.4K-99.9%
Prepaid expenses	$33.86M+20.0%	$28.21M-4.0%	$29.38M-61.3%	$76M-22.4%	$98M+203%
Redeemable noncontrolling interests in subsidiaries	——	——	——	——	——
Unrecognized tax benefits	——	——	——	——	——
Penalties and interest accrued on unrecognized tax benefits	——	——	——	——	——
Amount that if recognized, would affect the effective tax rate or regulatory liability	——	——	——	——	——

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Questions, answered.

Can Telephone and Data Systems cover its short-term obligations?: Its current ratio is 3.43 — current assets exceed current liabilities.
Where does Telephone and Data Systems's balance sheet data come from?: Every line is extracted from Telephone and Data Systems's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.