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EchoStar (EchoStar) Debt-to-Equity

: 1.30 (As of Dec. 2023)
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EchoStar's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,047 Mil. EchoStar's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $22,839 Mil. EchoStar's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $19,880 Mil. EchoStar's debt to equity for the quarter that ended in Dec. 2023 was 1.30.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for EchoStar's Debt-to-Equity or its related term are showing as below:

SATS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49   Med: 0.76   Max: 1.3
Current: 1.3

During the past 13 years, the highest Debt-to-Equity Ratio of EchoStar was 1.30. The lowest was 0.49. And the median was 0.76.

SATS's Debt-to-Equity is ranked worse than
91.07% of 2194 companies
in the Hardware industry
Industry Median: 0.28 vs SATS: 1.30

EchoStar Debt-to-Equity Historical Data

The historical data trend for EchoStar's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

EchoStar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.71 0.49 1.20 1.30

EchoStar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.20 0.46 0.46 0.46 1.30

Competitive Comparison

For the Communication Equipment subindustry, EchoStar's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


EchoStar Debt-to-Equity Distribution

For the Hardware industry and Technology sector, EchoStar's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where EchoStar's Debt-to-Equity falls into.



EchoStar Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EchoStar's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

EchoStar's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


EchoStar  (NAS:SATS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


EchoStar Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of EchoStar's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


EchoStar (EchoStar) Business Description

Traded in Other Exchanges
Address
100 Inverness Terrace East, Englewood, CO, USA, 80112-5308
Following the Dish Network merger, satellite television provides the bulk of EchoStar's revenue. The firm serves about 7 million U.S. customers, about 10% of the traditional television market. It launched an internet-based television offering under the Sling brand in 2015 and serves about 2 million customers on this platform. EchoStar's future, however, hinges primarily on the wireless business. The firm has amassed an extensive portfolio of spectrum licenses over the past 15 years and is building a nationwide wireless network. It acquired Sprint's prepaid business and serves about 8 million customers, primarily under the Boost brand. EchoStar's legacy businesses provide satellite telecom services and equipment to businesses and consumers, including about 1 million internet customers.
Executives
C Mike Schroeder director 100 INVERNESS TERRACE EAST, ENGLEWOOD CO 80112
Jeffrey R Tarr director DIGITALGLOBE, INC., 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
William David Wade director 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Lisa W. Hershman director PO BOX 1602, SOUTH BEND IN 46634
R Stanton Dodge director ECHOSTAR CORPORATION, 100 INVERNESS TERRACE EAST, ENGLEWOOD CO 80112
Ergen Two-year June 2023 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year June 2022 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year June 2021 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Pradman P Kaul director 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Hamid Akhavan officer: CEO and President 1226 EARNESTINE ST., MCLEAN VA 22101
Ergen Two-year March 2022 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Veronika Takacs officer: Principal Accounting Officer 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Adrian Morris officer: Chief Technology Officer HUGHES COMMUNICATIONS, INC., 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Ramesh Ramaswamy officer: Executive VP - International 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Michelle Pearre officer: Chief Human Resources Officer 11717 EXPLORATION LANE, GERMANTOWN MD 20876

EchoStar (EchoStar) Headlines

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