SATS (SPASF) Debt-to-Equity : 1.59 (As of Sep. 2024)

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What is SATS Debt-to-Equity?

SATS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $491 Mil. SATS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $2,566 Mil. SATS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,927 Mil. SATS's debt to equity for the quarter that ended in Sep. 2024 was 1.59.

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

SPASF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.08 Max: 1.79
Current: 1.59

During the past 13 years, the highest Debt-to-Equity Ratio of SATS was 1.79. The lowest was 0.06. And the median was 0.08.

SPASF's Debt-to-Equity is ranked worse than
84.69% of 882 companies
in the Transportation industry
Industry Median: 0.54 vs SPASF: 1.59

SATS Debt-to-Equity Historical Data

The historical data trend for SATS'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.

SATS Debt-to-Equity Chart

SATS Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.39

0.57

0.52

0.63

1.73

SATS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.79	-	1.73	-	1.59

Competitive Comparison of SATS's Debt-to-Equity

For the Airports & Air Services subindustry, SATS'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.

SATS's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SATS's Debt-to-Equity distribution charts can be found below:

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

SATS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SATS's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(1019.02	+	2041.396)	/	1771.463
	=	1.73

SATS's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(490.854	+	2565.563)	/	1927.144
	=	1.59

SATS (OTCPK:SPASF) 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.

SATS Debt-to-Equity Related Terms

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SATS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SATS Ltd (OTCPK:SPASF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

S58:Singapore W1J:Germany

Address

20 Airport Boulevard, SATS Inflight Catering Centre 1, Singapore, SGP, 819659

Website

https://www.sats.com.sg

SATS Ltd is a Singapore-based provider of ground-handling and in-flight catering services for air transportation in Asia and Australia. Additionally, it offers food distribution and logistics, industrial catering, and other amenities for hospitality and government agencies. The company has three reportable segments: food solutions (segment by revenue), gateway services, and others. It has partnerships with multiple airlines to provide catering during flights and offers experience in planning airline menus, cabin upkeep, and washing laundry to improve airlines' appearance. Gateway services cover the gamut of procedures airports must handle for each passenger. Baggage, ramp handling, passenger services, and terminal management are all offered to customers.