EchoStar (ECHO) Interest Coverage Ratio (2009 - 2023)
EchoStar's (ECHO) quarterly Interest Coverage Ratio came in at 2.48 in Q3 2023, down 107.26% year-over-year from 34.12 in Q3 2022, and down 113.01% quarter-over-quarter from 19.05 in Q2 2023.
Analysis
EchoStar (ECHO) Interest Coverage Ratio (2009 - 2023) Analysis & Trends
EchoStar has disclosed Interest Coverage Ratio across 15 years of filings, most recently posting 2.48 for Q3 2023.
- In Q3 2023, Interest Coverage Ratio fell 107.26% year-over-year to 2.48; the TTM figure through Sep 2023 stood at 18.82 (down 78.07% YoY), while the FY2022 annual figure was 39.06, up 9.0% from the prior year.
- Interest Coverage Ratio came in at 2.48 for Q3 2023 at EchoStar, down from 19.05 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 206.91 in Q4 2021 to a low of 2.48 in Q3 2023.
- Average Interest Coverage Ratio over 5 years is 21.99, with a median of 1.54 recorded in 2021.
- Year-over-year, Interest Coverage Ratio sank 116.18% in 2019 and soared 24275.21% in 2021.
- Over 5 years, Interest Coverage Ratio stood at 0.25 in 2019, then surged by 238.88% to 0.85 in 2020, then soared by 24275.21% to 206.91 in 2021, then tumbled by 85.29% to 30.44 in 2022, then plunged by 108.14% to 2.48 in 2023.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 2.48 in Q3 2023, 19.05 in Q2 2023, and 26.59 in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.70 Bn | 25.21 Bn | 1.65 Bn | - |
| 2 | AST SpaceMobile | 17.92 Bn | 17.92 Bn | 9.12 Mn | - |
| 3 | Globalstar | 10.58 Bn | 10.17 Bn | 41.17 Mn | - |
| 4 | Viasat | 10.16 Bn | 8.42 Bn | 643.41 Mn | 0.57 |
| 5 | Iridium Communications | 5.03 Bn | 4.84 Bn | 173.92 Mn | - |
| 6 | Telesat | 688.26 Mn | 410.80 Mn | 53.65 Mn | -0.25 |
| 7 | Gogo | 352.21 Mn | 289.07 Mn | - | 1.69 |
| 8 | Kvh Industries Inc \De\ | 138.28 Mn | 80.56 Mn | 14.63 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -2.48 |
| Jun 30, 2023 | 19.05 |
| Mar 31, 2023 | 26.59 |
| Dec 31, 2022 | 30.44 |
| Sep 30, 2022 | 34.12 |
| Jun 30, 2022 | 51.62 |
| Mar 31, 2022 | 39.70 |
| Dec 31, 2021 | 206.91 |
| Sep 30, 2021 | 3.84 |
| Jun 30, 2021 | 2.26 |
| Mar 31, 2021 | 1.54 |
| Dec 31, 2020 | 0.85 |
| Sep 30, 2020 | 0.97 |
| Jun 30, 2020 | 0.91 |
| Mar 31, 2020 | 0.29 |
| Dec 31, 2019 | 0.25 |
| Sep 30, 2019 | 0.52 |
| Jun 30, 2019 | -0.09 |
| Mar 31, 2019 | 0.53 |
| Dec 31, 2018 | -0.92 |