Telesat (Telesat) Other Income (Expense) : $113.6 Mil (TTM As of Mar. 2024)

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What is Telesat Other Income (Expense)?

Telesat's other income expense for the Telesat's pretax income for the three months ended in Mar. 2024 was $-50.5 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was $113.6 Mil.

Telesat Other Income (Expense) Historical Data

The historical data trend for Telesat's Other Income (Expense) 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 Other Income (Expense) Chart

Telesat Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Expense)

-29.32

26.76

6.25

-94.48

170.06

Telesat Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Expense)	Get a 7-Day Free Trial										7.41	165.83	-6.53	4.85	-50.54

Telesat Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $113.6 Mil.

Telesat (NAS:TSAT) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Telesat (Telesat) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Telesat Corp (NAS:TSAT) » Definitions » Other Income (Expense)

Comparable Companies

Traded in Other Exchanges

ZE2:Germany TSAT:Canada

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.

Executives

Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Gamco Investors, Inc. Et Al	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830