Equity to Asset ratio is calculated as total stockholders equity divided by total asset. EchoStar's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $19,880 Mil. EchoStar's Total Assets for the quarter that ended in Dec. 2023 was $57,109 Mil.
Therefore, EchoStar's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.35.
The historical rank and industry rank for EchoStar's Equity-to-Asset or its related term are showing as below:
SATS'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35 Med: 0.48 Max: 0.56
Current: 0.35
During the past 13 years, the highest Equity to Asset Ratio of EchoStar was 0.56. The lowest was 0.35. And the median was 0.48.
SATS's Equity-to-Asset is ranked worse than 81.22% of 2482
companies
in the Hardware industry
Industry Median: 0.57
vs SATS: 0.35
EchoStar Equity-to-Asset Historical Data
The historical data trend for EchoStar's Equity-to-Asset 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.
EchoStar Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Equity-to-Asset
0.51
0.50
0.56
0.37
0.35
EchoStar Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Equity-to-Asset
0.37
0.57
0.57
0.57
0.35
Competitive Comparison
For the Communication Equipment subindustry, EchoStar's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
EchoStar Equity-to-Asset Distribution
For the Hardware industry and Technology sector, EchoStar's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where EchoStar's Equity-to-Asset falls into.
EchoStar Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
EchoStar's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 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.
EchoStar (NAS:SATS) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
EchoStar Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of EchoStar's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Following the Dish Network merger, satellite television provides the bulk of EchoStar's revenue. The firm serves about 7 million U.S. customers, about 10% of the traditional television market. It launched an internet-based television offering under the Sling brand in 2015 and serves about 2 million customers on this platform. EchoStar's future, however, hinges primarily on the wireless business. The firm has amassed an extensive portfolio of spectrum licenses over the past 15 years and is building a nationwide wireless network. It acquired Sprint's prepaid business and serves about 8 million customers, primarily under the Boost brand. EchoStar's legacy businesses provide satellite telecom services and equipment to businesses and consumers, including about 1 million internet customers.
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