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Eutelsat Communications (Eutelsat Communications) Debt-to-Equity : 0.87 (As of Dec. 2023)


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What is Eutelsat Communications Debt-to-Equity?

Eutelsat Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $216 Mil. Eutelsat Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,621 Mil. Eutelsat Communications's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,420 Mil. Eutelsat Communications's debt to equity for the quarter that ended in Dec. 2023 was 0.87.

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 Eutelsat Communications's Debt-to-Equity or its related term are showing as below:

ETCMY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.87   Med: 1.42   Max: 1.95
Current: 0.87

During the past 13 years, the highest Debt-to-Equity Ratio of Eutelsat Communications was 1.95. The lowest was 0.87. And the median was 1.42.

ETCMY's Debt-to-Equity is ranked worse than
82.67% of 2199 companies
in the Hardware industry
Industry Median: 0.28 vs ETCMY: 0.87

Eutelsat Communications Debt-to-Equity Historical Data

The historical data trend for Eutelsat Communications'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.

Eutelsat Communications Debt-to-Equity Chart

Eutelsat Communications Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 1.45 1.37 1.25 1.10

Eutelsat Communications Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial 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 1.36 1.25 1.20 1.10 0.87

Competitive Comparison of Eutelsat Communications's Debt-to-Equity

For the Communication Equipment subindustry, Eutelsat Communications'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.

Eutelsat Communications's Debt-to-Equity Distribution in the Hardware Industry

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

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


Eutelsat Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eutelsat Communications's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(156.555 + 3374.106) / 3223.51
=1.10

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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(215.812 + 3620.938) / 4420.393
=0.87

* 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.

Eutelsat Communications  (OTCPK:ETCMY) 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.

Eutelsat Communications Debt-to-Equity Related Terms

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Eutelsat Communications (Eutelsat Communications) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eutelsat Communications (OTCPK:ETCMY) » Definitions » Debt-to-Equity
Comparable Companies
XPAR:EKI XPAR:ALLEC XPAR:ATEME XPAR:PARRO XPAR:ALNTG XPAR:ALBPK XPAR:ALHF XPAR:ALTXC XPAR:AVT XPAR:ALNN6 CSCO SHSE:601138 MSI HPE OHEL:NOKIA SZSE:000063 OSTO:ERIC B SHSE:688036 ZBRA JNPR
Traded in Other Exchanges
EUTLF:USA ETLp:UK ETL:UK ETL:France E3B:Germany
Address
32, boulevard Gallieni, Issy-les-Moulineaux, Paris, FRA, 92130
Website
https://www.eutelsat.com
Eutelsat Communications is a French commercial satellite provider with coverage spanning the European continent, the Middle East, Africa, India, and the Americas. It operates a fleet of over 36 satellites serving broadcasters, telecommunications operators, Internet service providers, and government agencies. These satellites are used for video broadcasting, news gathering, broadband services, and data connectivity solutions. Eutelsat generates revenue in Europe, the Americas, the Middle East and North Africa, and Asia.