Cable One, Inc (CABO) Balance Sheet
CABO balance sheet, 2025
December 31, 2025 · U.S. dollars$5.59B assets = $4.15B liabilities + $1.43B equity
Both columns are drawn to the same scale: what CABO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CABO financial health
Descriptive bands, not a rating. Fiscal 2025.
CABO balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.40B2016 | $5.59B2025 | +16.7%/yr | |
| Total liabilities | $942.8M2016 | $4.15B2025 | +17.9%/yr | |
| Shareholders’ equity | $454.5M2016 | $1.43B2025 | +13.6%/yr | |
| Cash & short-term investments | $138.0M2016 | $152.8M2025 | +1.1%/yr | |
| Total debt | $537.1M2016 | $3.19B2025 | +21.9%/yr | |
| Net cash (debt) | −$399.1M2016 | −$3.04B2025 | −$2.6B | |
| Working capital | $74.8M2016 | −$452.7M2025 | −$527.5M | |
| Book value per share | $78.762016 | $254.202025 | +13.9%/yr | |
| Current ratio | 1.672016 | 0.402025 | −1.27 | |
| Debt / equity | 1.182016 | 2.232025 | +1.05 | |
| Shares outstanding | 5.8M2016 | 5.6M2025 | −0.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CABO assets
CABO liabilities and equity
CABO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CABO balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $152.8M | $153.6M | $190.3M | $215.2M | $388.8M | $574.9M | $125.3M | $264.1M | $161.8M | $138.0M |
| Cash & equivalents | $152.8M | $153.6M | $190.3M | $215.2M | $388.8M | $574.9M | $125.3M | $264.1M | $161.8M | $138.0M |
| Short-term investments | — | $85.2M | −$2.2M | $25.8M | — | $807.8M | — | — | $0 | $0 |
| Receivables | $58.6M | $57.7M | $94.0M | $74.4M | $80.4M | $80.0M | $40.6M | $40.7M | $51.3M | $29.4M |
| Inventory | $0 | $0 | $53.4M | −$25.8M | $21.5M | $13.3M | −$2.1M | $0 | $1 | $0 |
| Other current assets | $95.2M | $67.9M | $4.7M | $83.0M | $10.2M | $4.6M | $17.8M | $13.1M | $29.4M | $18.4M |
| Total current assets | $306.6M | $279.2M | $342.4M | $346.7M | $501.0M | $672.8M | $181.5M | $317.9M | $242.4M | $185.9M |
| Property, plant & equipment (net) | $1.78B | $1.79B | $1.80B | $1.71B | $1.87B | $1.28B | $1.22B | $848.0M | $831.9M | $619.6M |
| Goodwill & intangible assets | $2.82B | $3.46B | $3.52B | $3.60B | $3.84B | $1.72B | $1.74B | $1.13B | $1.14B | $582.4M |
| Long-term investments | $616.3M | $818.2M | $1.13B | $1.20B | $727.6M | $807.8M | $0 | $0 | $0 | $0 |
| Other non-current assets | $66.0M | $176.1M | $50.3M | $29.1M | $19.0M | $13.3M | $10.2M | $11.4M | $6.2M | $9.3M |
| Total assets | $5.59B | $6.53B | $6.85B | $6.89B | $6.95B | $4.49B | $3.15B | $2.30B | $2.22B | $1.40B |
| Liabilities | ||||||||||
| Accounts payable | $28.1M | $31.9M | $45.0M | $39.6M | $35.7M | $22.7M | $36.4M | $20.8M | $21.7M | $17.1M |
| Short-term debt | $596.1M | $21.5M | $22.4M | $59.9M | $44.5M | $30.2M | $33.5M | $20.6M | $14.4M | $6.2M |
| Deferred revenue | $22.7M | $27.9M | $27.2M | $23.7M | $26.9M | $27.4M | $30.2M | $19.0M | $38.3M | $22.2M |
| Total current liabilities | $759.3M | $213.9M | $202.8M | $244.2M | $269.1M | $221.6M | $189.5M | $133.7M | $170.6M | $111.1M |
| Long-term debt | $2.60B | $3.57B | $3.63B | $3.75B | $3.80B | $2.15B | $1.71B | $1.14B | $1.16B | $530.9M |
| Lease obligations | $6.5M | $7.7M | $10.2M | $10.7M | $14.7M | $12.5M | $4.6M | — | — | — |
| Other long-term liabilities | $795.0M | $944.5M | $1.14B | $1.15B | $1.09B | $622.7M | $408.8M | $252.1M | $215.6M | $300.7M |
| Total liabilities | $4.15B | $4.73B | $4.97B | $5.15B | $5.16B | $2.99B | $2.31B | $1.53B | $1.55B | $942.8M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $59,000 | $59,000 | $60,000 | $59,000 |
| Retained earnings (deficit) | $1.33B | $1.71B | $1.83B | $1.60B | $1.46B | $1.23B | $980.4M | $850.3M | $723.4M | $511.8M |
| Treasury stock | — | — | — | −$494.7M | −$136.4M | −$127.8M | −$121.9M | −$113.8M | −$80.1M | −$74.5M |
| Accumulated other comprehensive income | $19.4M | $48.1M | $36.7M | $50.0M | −$82.8M | −$140.7M | −$68.2M | −$96,000 | −$352,000 | −$446,000 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.43B | $1.80B | $1.87B | $1.74B | $1.79B | $1.50B | $841.6M | $775.4M | $671.4M | $454.5M |
| Key figures | ||||||||||
| Total debt | $3.19B | $3.60B | $3.66B | $3.82B | $3.85B | $2.19B | $1.76B | $1.16B | $1.18B | $537.1M |
| Net cash (debt) | −$3.04B | −$3.44B | −$3.47B | −$3.60B | −$3.46B | −$1.61B | −$1.63B | −$898.6M | −$1.01B | −$399.1M |
| Working capital | −$452.7M | $65.4M | $139.5M | $102.5M | $231.9M | $451.2M | −$8.1M | $184.2M | $71.8M | $74.8M |
| Tangible book value | −$1.38B | −$1.67B | −$1.65B | −$1.87B | −$2.04B | −$220.3M | −$900.4M | −$350.6M | −$466.5M | −$127.9M |
| Book value per share | $254.20 | $319.52 | $308.98 | $275.08 | $280.73 | $251.84 | $146.67 | $135.41 | $116.83 | $78.76 |
| Shares outstanding | 5.6M | 5.6M | 6.1M | 6.3M | 6.4M | 5.9M | 5.7M | 5.7M | 5.7M | 5.8M |
| Current ratio | 0.40 | 1.31 | 1.69 | 1.42 | 1.86 | 3.04 | 0.96 | 2.38 | 1.42 | 1.67 |
| Quick ratio | 0.28 | 0.99 | 1.40 | 1.19 | 1.74 | 2.96 | 0.88 | 2.28 | 1.25 | 1.51 |
| Debt / equity | 2.23 | 2.00 | 1.95 | 2.20 | 2.15 | 1.46 | 2.09 | 1.50 | 1.75 | 1.18 |
| Equity / assets | 25.7% | 27.5% | 27.4% | 25.2% | 25.8% | 33.3% | 26.7% | 33.7% | 30.3% | 32.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $166.2M | $165.6M | $152.8M | $166.6M | $152.9M | $149.1M | $153.6M | $226.6M | $201.5M | $210.7M | $190.3M | $239.6M |
| Cash & equivalents | $166.2M | $165.6M | $152.8M | $166.6M | $152.9M | $149.1M | $153.6M | $226.6M | $201.5M | $210.7M | $190.3M | $239.6M |
| Short-term investments | — | — | — | — | — | — | — | $27.4M | $27.4M | $28.2M | −$2.2M | $31.8M |
| Receivables | $55.6M | $50.4M | $58.6M | $60.4M | $57.5M | $48.0M | $57.7M | $58.4M | $66.1M | $60.5M | $94.0M | $86.3M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$27.4M | −$27.4M | −$28.2M | $53.4M | −$31.8M |
| Other current assets | $61.9M | $84.4M | $95.2M | $73.4M | $77.0M | $85.3M | $67.9M | $77.4M | $92.6M | $104.3M | $4.7M | $100.2M |
| Total current assets | $283.6M | $300.4M | $306.6M | $300.5M | $287.4M | $282.4M | $279.2M | $335.1M | $332.8M | $347.3M | $342.4M | $394.4M |
| Property, plant & equipment (net) | $5.55B | $1.78B | $1.78B | $1.79B | $1.79B | $1.79B | $1.79B | $1.80B | $1.79B | $1.79B | $1.80B | $1.76B |
| Goodwill & intangible assets | $2.18B | $2.79B | $2.82B | $2.84B | $2.86B | $3.46B | $3.46B | $3.49B | $3.50B | $3.52B | $3.53B | $3.55B |
| Long-term investments | $301.2M | $592.5M | $616.3M | $654.1M | $733.1M | $753.9M | $818.2M | $1.00B | $1.13B | $1.12B | $1.13B | $1.13B |
| Other non-current assets | $0 | $68.1M | $66.0M | $109.6M | $107.5M | $134.4M | $176.1M | $36.3M | $68.6M | $62.4M | $0 | $85.2M |
| Total assets | $4.62B | $5.53B | $5.59B | $5.69B | $5.77B | $6.42B | $6.53B | $6.66B | $6.83B | $6.84B | $6.76B | $6.91B |
| Liabilities | ||||||||||||
| Accounts payable | $135.6M | $33.1M | $28.1M | $34.1M | $30.0M | $33.8M | $31.9M | $33.0M | $33.2M | $37.3M | $45.0M | $42.9M |
| Short-term debt | $20.7M | $20.9M | $596.1M | $596.1M | $596.2M | $596.4M | $21.5M | $21.9M | $28.5M | $22.2M | $22.4M | $22.5M |
| Deferred revenue | $17.2M | $21.5M | $22.7M | $23.1M | $26.4M | $27.6M | $27.9M | $26.0M | $26.3M | $27.1M | $27.2M | $27.3M |
| Total current liabilities | $596.9M | $171.2M | $759.3M | $781.2M | $776.9M | $775.5M | $213.9M | $359.8M | $187.5M | $186.7M | $202.8M | $218.2M |
| Long-term debt | $3.03B | $3.09B | $2.60B | $2.69B | $2.88B | $2.95B | $3.57B | $3.47B | $3.52B | $3.57B | $3.63B | $3.68B |
| Lease obligations | $7.7M | $7.1M | $6.5M | $6.4M | $7.0M | $7.5M | $7.7M | $8.3M | $8.6M | $9.2M | $10.2M | $10.1M |
| Other long-term liabilities | $672.4M | $791.5M | $795.0M | $794.3M | $775.4M | $919.6M | $944.5M | $947.5M | $1.16B | $1.15B | $1.12B | $1.21B |
| Total liabilities | $4.30B | $4.05B | $4.15B | $4.26B | $4.44B | $4.65B | $4.73B | $4.78B | $4.86B | $4.91B | $4.95B | $5.11B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 |
| Retained earnings (deficit) | $205.8M | $1.37B | $1.33B | $1.34B | $1.26B | $1.69B | $1.71B | $1.83B | $1.89B | $1.86B | $1.76B | $1.73B |
| Accumulated other comprehensive income | $30.0M | $23.5M | $19.4M | $19.9M | $23.0M | $33.1M | $48.1M | $23.2M | $54.3M | $55.0M | $36.7M | $72.4M |
| Total shareholders' equity | $326.4M | $1.48B | $1.43B | $1.43B | $1.34B | $1.78B | $1.80B | $1.88B | $1.96B | $1.93B | $1.81B | $1.80B |
| Key figures | ||||||||||||
| Total debt | $3.05B | $3.11B | $3.19B | $3.29B | $3.48B | $3.55B | $3.60B | $3.50B | $3.56B | $3.60B | $3.66B | $3.71B |
| Net cash (debt) | −$2.89B | −$2.95B | −$3.04B | −$3.12B | −$3.33B | −$3.40B | −$3.44B | −$3.27B | −$3.35B | −$3.39B | −$3.47B | −$3.47B |
| Working capital | −$313.2M | $129.1M | −$452.7M | −$480.6M | −$489.5M | −$493.1M | $65.4M | −$24.7M | $145.3M | $160.6M | $139.5M | $176.1M |
| Tangible book value | −$1.85B | −$1.31B | −$1.38B | −$1.41B | −$1.52B | −$1.68B | −$1.67B | −$1.60B | −$1.54B | −$1.59B | −$1.72B | −$1.74B |
| Book value per share | $57.27 | $243.08 | $253.95 | $235.93 | $237.27 | $314.53 | $319.35 | $312.12 | $325.68 | $319.71 | $300.29 | $299.14 |
| Shares outstanding | 5.7M | 6.1M | 5.6M | 6.1M | 5.6M | 5.6M | 5.6M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M |
| Current ratio | 0.48 | 1.75 | 0.40 | 0.38 | 0.37 | 0.36 | 1.31 | 0.93 | 1.78 | 1.86 | 1.69 | 1.81 |
| Quick ratio | 0.37 | 1.26 | 0.28 | 0.29 | 0.27 | 0.25 | 0.99 | 0.79 | 1.43 | 1.45 | 1.40 | 1.49 |
| Debt / equity | 9.35 | 2.11 | 2.23 | 2.30 | 2.61 | 2.00 | 2.00 | 1.86 | 1.81 | 1.87 | 2.02 | 2.06 |
| Equity / assets | 7.1% | 26.7% | 25.7% | 25.1% | 23.2% | 27.6% | 27.5% | 28.3% | 28.8% | 28.2% | 26.8% | 26.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.
CABO financial position
At the end of fiscal 2025 (December 31, 2025), Cable One had total assets of $5.6 billion (down 14.4% from a year earlier), total liabilities of $4.2 billion and shareholders' equity of $1.4 billion. It held $152.8 million in cash and short-term investments against $3.2 billion of debt, net debt of $3.0 billion. Its current ratio was 0.40. In the latest quarter (ended June 30, 2026) total assets were $4.6 billion and equity $326.4 million.
Related: CABO income statement, CABO cash flow statement, CABO key metrics. See the CABO stock overview for the latest quote and news.
CABO balance sheet FAQ
What are Cable One's total assets?
Cable One reported total assets of $5.6 billion at the end of fiscal 2025 (December 31, 2025), compared with $6.5 billion a year earlier.
How much debt does Cable One have?
Cable One had $3.2 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 2.23.
How much cash does Cable One have?
Cable One held $152.8 million in cash and short-term investments at the end of fiscal 2025; with $3.2 billion of debt that is net debt of $3.0 billion.
What is Cable One's book value?
Cable One's shareholders' equity (book value) was $1.4 billion at the end of fiscal 2025, or $254.20 per share.
What is Cable One's current ratio?
Cable One had current assets of $306.6 million and current liabilities of $759.3 million, a current ratio of 0.40 (current liabilities exceed current assets).
How much goodwill does Cable One have?
Cable One carried $2.8 billion of goodwill and intangible assets, 50.4% of total assets, at the end of fiscal 2025.