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Telesat Cash-to-Debt

: 0.38 (As of Dec. 2021)
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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Telesat's cash to debt ratio for the quarter that ended in Dec. 2021 was 0.38.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Telesat couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

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

TSAT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26   Med: 0.32   Max: 0.38
Current: 0.38

During the past 3 years, Telesat's highest Cash to Debt Ratio was 0.38. The lowest was 0.26. And the median was 0.32.

TSAT's Cash-to-Debt is ranked worse than
79.79% of 2380 companies
in the Hardware industry
Industry Median: 1.34 vs TSAT: 0.38

Telesat Cash-to-Debt Historical Data

The historical data trend for Telesat's Cash-to-Debt 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.

Telesat Annual Data
Trend Dec19 Dec20 Dec21
Cash-to-Debt
N/A 0.26 0.38

Telesat Semi-Annual Data
Dec19 Dec20 Dec21
Cash-to-Debt N/A 0.26 0.38

Competitive Comparison

For the Communication Equipment subindustry, Telesat's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

   

Telesat Cash-to-Debt Distribution

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

* The bar in red indicates where Telesat's Cash-to-Debt falls into.



Telesat Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Telesat's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Telesat's Cash to Debt Ratio for the quarter that ended in Dec. 2021 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.


Telesat  (NAS:TSAT) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Telesat Cash-to-Debt Related Terms

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


Telesat Business Description

Telesat logo
Traded in Other Exchanges
Address
160 Elgin Street, Ottawa, ON, CAN, K2P 2P7
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. It generates maximum revenue from the Broadcast segment. The Broadcast segment includes Direct-to-home television, video distribution and contribution, and occasional use services. Geographically, it derives a majority of revenue from Canada.
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