Telesat (TSX:TSAT) Marketable Securities : C$0.6 Mil (As of Dec. 2023)

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What is Telesat Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Telesat's Marketable Securities for the quarter that ended in Dec. 2023 was C$0.6 Mil.

Telesat's annual Marketable Securities declined from Dec. 2021 (C$0.9 Mil) to Dec. 2022 (C$0.5 Mil) but then increased from Dec. 2022 (C$0.5 Mil) to Dec. 2023 (C$0.6 Mil).

Telesat Marketable Securities Historical Data

The historical data trend for Telesat's Marketable Securities 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.

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Telesat Marketable Securities Chart

Telesat Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

0.45

0.86

0.52

0.63

Telesat Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Marketable Securities	Get a 7-Day Free Trial									0.52	0.47	0.49	0.51	0.63

Telesat Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Telesat (TSX:TSAT) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Telesat Marketable Securities Related Terms

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Telesat (TSX:TSAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Telesat Corp (TSX:TSAT) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

TSAT:USA ZE2:Germany

Address

160 Elgin Street, Ottawa, ON, CAN, K2P 2P7

Website

https://www.telesat.com

Telesat Corp is a global satellite operator, providing its customers with mission-critical communications services. The company's segment includes Broadcast; Enterprise and Consulting and other. The Broadcast segment includes Direct-to-home television, video distribution and contribution, and occasional use services. The enterprise segment includes telecommunication carriers and integrators, government, consumer broadband, resource, maritime and aeronautical, retail and satellite operator services. Consulting and other segments include Consulting services related to space and earth segments, government studies, satellite control services, and research and development. Geographically, it derives a majority of its revenue from Canada.