The review of Net Profit Margin witnessed a surging trend. Net Profit Margin improved from 13.84% in 2019 to 12.76% in 2023
The average EBIT Margin for the period under analysis was 12.53%, with 2022 and 2021 performing the worst and best,
The Capital turnover stood at 0.35 times in 2023 from 0.85 in 2019, implying a low performance on Assets of the business in relation to revenue.
Profitability
The revenue of AT & T has increased year on year. The revenue increased by 21% between 2019 and There also occurred an increase of 1% between 2022 and 2023 (the current period).
AT & T’s performance in profitability looks good as the return on capital employed also recorded good performance during the period of analysis.
Liquidity
The company’s result in liquidity looks good, as current ratio increased from 1.43:1 to 0.71:1 on the last year. Which implies that the company does not have enough assets to settle its current liabilities.
Capital Structure
AT & T is both equity and debt financed.
The debt-to-equity (D/E) ratio has been increasing year on year. The gearing position of the company appears to be high as it stood at 181% in the current year.