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Evaluate the debt-to-equity ratios of three companies: Company Total Debt (in billions) Shareholder's Equity (in billions) Verizon $150 $100 Exxon Mobil $120 $200 AT&T $180

Evaluate the debt-to-equity ratios of three  companies:

Company

Total Debt (in billions)

Shareholder's Equity (in billions)

Verizon

$150

$100

Exxon Mobil

$120

$200

AT&T

$180

$150

Requirements:

  • Calculate the debt-to-equity ratio for each company.
  • Interpret the debt-to-equity ratios and discuss the capital structure of each company.
  • Compare the debt-to-equity ratios and assess the financial leverage of the companies.

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