MARKET

USM

USM

United States
NYSE
51.91
-0.29
-0.56%
Opening 10:09 07/26 EDT
OPEN
53.37
PREV CLOSE
52.20
HIGH
53.37
LOW
51.91
VOLUME
33.95K
TURNOVER
0
52 WEEK HIGH
60.14
52 WEEK LOW
16.95
MARKET CAP
4.46B
P/E (TTM)
75.71
1D
5D
1M
3M
1Y
5Y
1D
Here's Why United States Cellular (NYSE:USM) Has A Meaningful Debt Burden
United States Cellular Corporation (NYSE:USM) makes use of debt. The company had US$3.05b of debt in March 2024, but its net debt is less than half that. United States Cellular's debt to EBITDA ratio suggests the company has a high level of leverage. But the company grew its EBIT by 222% in the last 12 months. Our view is that the company's debt is not a major concern for shareholders. But shareholders should be aware of the risks associated with the company.
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About USM
United States Cellular Corporation (UScellular) is a provider of wireless telecommunications services. UScellular provides advanced wireless solutions to consumers and business and government customers. UScellular offers a suite of connected Internet of things (IoT) solutions and software applications across the categories of monitor and control, communication, asset management, smart water solutions, and custom end-to-end IoT solutions. It offers a range of devices such as smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and IoT devices. In addition, it also offers a range of accessories, including wireless essentials such as cases, screen protectors, chargers, memory cards and consumer electronics and networking products. UScellular offers services that enable customers to replace or repair their devices, including the Device Protection+ program, which provides as soon as next-day delivery of a replacement device for damaged, lost, and stolen devices.

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