DISH Network (WBO:DISH) Debt-to-Equity : 1.33 (As of Sep. 2023)

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What is DISH Network Debt-to-Equity?

DISH Network's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €998 Mil. DISH Network's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €21,809 Mil. DISH Network's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €17,128 Mil. DISH Network's debt to equity for the quarter that ended in Sep. 2023 was 1.33.

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 DISH Network's Debt-to-Equity or its related term are showing as below:

WBO:DISH' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.08 Med: 1.8 Max: 13.95
Current: 1.33

During the past 13 years, the highest Debt-to-Equity Ratio of DISH Network was 13.95. The lowest was 1.08. And the median was 1.80.

WBO:DISH's Debt-to-Equity is not ranked
in the Telecommunication Services industry.
Industry Median: 0.65 vs WBO:DISH: 1.33

DISH Network Debt-to-Equity Historical Data

The historical data trend for DISH Network'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.

DISH Network Debt-to-Equity Chart

DISH Network Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.76

1.23

1.14

1.47

1.34

DISH Network Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.29	1.34	1.34	1.32	1.33

Competitive Comparison of DISH Network's Debt-to-Equity

For the Telecom Services subindustry, DISH Network'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.

DISH Network's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, DISH Network's Debt-to-Equity distribution charts can be found below:

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

DISH Network Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DISH Network's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1460.547	+	21230.4)	/	16937.743
	=	1.34

DISH Network's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(998.324	+	21808.555)	/	17128.48
	=	1.33

DISH Network (WBO:DISH) 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.

DISH Network Debt-to-Equity Related Terms

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DISH Network (WBO:DISH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » DISH Network Corp (WBO:DISH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9601 South Meridian Boulevard, Englewood, CO, USA, 80112

Website

https://www.dish.com

From its founding in the 1980s, Dish Network has primarily focused on the satellite television business, capitalizing on technological advancements to expand its reach. The firm now serves 7 million U.S. customers. Dish launched an internet-based television offering under the Sling brand in 2015 and now serves about 2 million customers on this platform. Dish's future, however, hinges primarily on the wireless business. The firm has amassed a large portfolio of spectrum licenses over the past 15 years, spending about $30 billion in the process, and is now building a nationwide wireless network. It acquired Sprint's prepaid business and now serves about 8 million customers. Dish plans to merge with EchoStar, a firm it spun out in 2008 that provides satellite-based communications services.