Financial leverage appears manageable with a debt-to-equity ratio of 0.15, though total assets have eroded to $15.8 billion amid ongoing infrastructure impairment.
| Total Current Assets | 4.5B | 1.31B | 415M | 1.04B | 490M | 500M |
| Cash & Short-Term Investments | - | - | - | - | - | - |
| Cash Only | 39M | 26M | 10M | 8M | 2M | 14M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | - | - | - | - | - | - |
| Days Sales Outstanding | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - |
| Other Current Assets | 4.27B | 1.08B | 119M | 683M | 173M | 119M |
| Total Non-Current Assets | 11.31B | 16.05B | 15.92B | 17.91B | 17.88B | 18.16B |
| Property, Plant & Equipment | 7.45B | 8.87B | 8.77B | 8.34B | 8.25B | 8.38B |
| Fixed Asset Turnover | 0.64x | 0.62x | 0.67x | 0.77x | 0.84x | 0.87x |
| Goodwill | 3.64B | 6.96B | 6.96B | 9.36B | 9.36B | 9.36B |
| Intangible Assets | 111M | 84M | 103M | 138M | 199M | 343M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | - | - | - | - | - | - |
| Total Assets | 15.82B | 17.36B | 16.34B | 18.96B | 18.37B | 18.66B |
| Asset Turnover | 0.30x | 0.32x | 0.36x | 0.34x | 0.38x | 0.39x |
| Asset Growth % | -8.88% | 6.27% | -13.82% | 3.19% | -1.55% | - |
| Total Current Liabilities | 653M | 966M | 933M | 746M | 2.04B | 3.6B |
| Accounts Payable | 152M | 221M | 362M | 231M | 206M | 292M |
| Days Payables Outstanding | - | 54.47 | 83.57 | 52.05 | 44.36 | 55.28 |
| Short-Term Debt | - | - | - | - | - | - |
| Deferred Revenue (Current) | - | - | - | - | - | - |
| Other Current Liabilities | 358M | 338M | 359M | 365M | 416M | 408M |
| Current Ratio | 6.90x | 1.35x | 0.44x | 1.40x | 0.24x | 0.14x |
| Quick Ratio | 6.90x | 1.35x | 0.44x | 1.40x | 0.24x | 0.14x |
| Cash Conversion Cycle | - | - | - | - | - | - |
| Total Non-Current Liabilities | 4.25B | 4.15B | 4.65B | 4.64B | 4.7B | 4.96B |
| Long-Term Debt | 1.69B | 1.69B | 2.15B | 2.15B | 2.15B | 2.38B |
| Capital Lease Obligations | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - |
| Total Liabilities | 4.9B | 5.12B | 5.58B | 5.39B | 6.74B | 8.56B |
| Total Debt | 1.69B | 1.99B | 2.29B | 2.24B | 3.5B | 5.16B |
| Net Debt | 1.65B | 1.97B | 2.27B | 2.23B | 3.49B | 5.15B |
| Debt / Equity | 0.15x | 0.16x | 0.21x | 0.16x | 0.30x | 0.51x |
| Debt / EBITDA | - | 0.71x | 3.64x | 0.62x | 0.85x | 1.28x |
| Net Debt / EBITDA | - | 0.70x | 3.62x | 0.62x | 0.85x | 1.28x |
| Interest Coverage | -9.71x | 33.48x | 27.63x | 16.02x | 10.87x | 7.68x |
| Total Equity | 10.92B | 12.24B | 10.76B | 13.57B | 11.63B | 10.1B |
| Equity Growth % | -10.84% | 13.82% | -20.72% | 16.61% | 15.22% | - |
| Book Value per Share | 999999.00 | 999999.00 | 999999.00 | - | - | - |
| Total Shareholders' Equity | 10.92B | 12.24B | 10.76B | 13.57B | 11.63B | 10.1B |
| Common Stock | 10.05B | 10.05B | 10.05B | 10.05B | 10.05B | 10.05B |
| Retained Earnings | 866M | 2.19B | 706M | 3.52B | 1.58B | 48M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
Asset impairment and liquidity
According to historical balance sheet data, total assets have declined from $17.4 billion in 2024Q4 to $15.8 billion by 2025Q4, reflecting a persistent contraction in the company's resource base as legacy wireline operations continue to face significant secular headwinds and asset devaluation.
The consistent reduction in total assets suggests that the company is either aggressively writing down legacy infrastructure or failing to replace retired assets at a sufficient rate. This downward trajectory in the asset base, coupled with the ongoing revenue decline, implies that the firm's long-term operational footprint is shrinking faster than management can pivot to new growth areas.
As reported in recent financial statements, the company has reduced its total debt from $2.3 billion in 2023Q4 to $1.7 billion by 2025Q4, resulting in a modest debt-to-equity ratio of 0.15 that appears to provide a temporary buffer against immediate insolvency risks.
While the low debt-to-equity ratio might appear favorable, it must be interpreted in the context of a shrinking equity base and declining operational cash flows. Investors should monitor whether this deleveraging is a strategic choice or a forced response to limited access to capital markets given the company's negative profitability profile.
Based on the provided figures, net property, plant, and equipment (PPE) has decreased from $8.9 billion in 2024Q4 to $7.4 billion in 2025Q4, signaling that the company's core physical infrastructure is undergoing significant valuation adjustments or accelerated depreciation in the face of technological obsolescence.
The substantial concentration of value in PPE and goodwill warrants further investigation, as these assets are highly sensitive to the company's ability to generate future cash flows. If the transition to fiber-based broadband fails to materialize, the current carrying value of these assets may be subject to further impairment charges, which would directly impact the equity position.
As indicated by the most recent quarterly filings, the company's cash position remains critically low at $39 million, which represents a negligible buffer against $4.7 billion in annual revenue and the substantial capital expenditures required to maintain its aging telecommunications network.
The current ratio of 6.90 is heavily distorted by the composition of current assets and does not accurately reflect the company's ability to meet immediate cash obligations. Given the persistent cash burn, the current liquidity position appears insufficient to support a meaningful infrastructure upgrade cycle without external financing or parent company intervention.
Quick answers to the most common questions about buying CTDD stock.
As of 2025, Qwest Corp. 6.75% NT 57 (CTDD) had total assets of $15.82B including $4.50B in current assets.
Qwest Corp. 6.75% NT 57 (CTDD) carries total debt of $1.69B. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Qwest Corp. 6.75% NT 57 (CTDD) has total shareholders' equity (book value) of $10.92B ($999999.00 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Qwest Corp. 6.75% NT 57 (CTDD) reported a current ratio of 6.90x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.