EchoStar (ECHO) Interest Expenses (2009 - 2023)
EchoStar's (ECHO) quarterly Interest Expenses came in at $12.6 million in Q3 2023, down 8.63% year-over-year from $13.8 million in Q3 2022, and down 4.46% quarter-over-quarter from $13.2 million in Q2 2023.
Analysis
EchoStar (ECHO) Interest Expenses (2009 - 2023) Analysis & Trends
EchoStar has disclosed Interest Expenses across 15 years of filings, most recently posting $12.6 million for Q3 2023.
- In Q3 2023, Interest Expenses fell 8.63% year-over-year to $12.6 million; the TTM figure through Sep 2023 stood at $53.2 million (down 9.47% YoY), while the FY2022 annual figure was $57.2 million, down 40.14% from the prior year.
- Interest Expenses came in at $12.6 million for Q3 2023 at EchoStar, down from $13.2 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $94.2 million in Q4 2019 to a low of $12.6 million in Q3 2023.
- Average Interest Expenses over 5 years is $31.1 million, with a median of $28.9 million recorded in 2021.
- Year-over-year, Interest Expenses jumped 70.5% in 2019 and sank 62.35% in 2020.
- Over 5 years, Interest Expenses stood at $94.2 million in 2019, then slumped by 62.35% to $35.5 million in 2020, then slumped by 55.84% to $15.7 million in 2021, then declined by 10.34% to $14.0 million in 2022, then fell by 9.93% to $12.6 million in 2023.
- Per Business Quant data, the three most recent Interest Expenses figures were $12.6 million in Q3 2023, $13.2 million in Q2 2023, and $13.3 million in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.43 Bn | 24.94 Bn | 1.65 Bn | - |
| 2 | AST SpaceMobile | 18.76 Bn | 18.76 Bn | 9.12 Mn | - |
| 3 | Globalstar | 10.56 Bn | 10.15 Bn | 41.17 Mn | - |
| 4 | Viasat | 10.02 Bn | 8.28 Bn | 643.41 Mn | 82.30 Mn |
| 5 | Iridium Communications | 5.04 Bn | 4.86 Bn | 173.92 Mn | - |
| 6 | Telesat | 682.55 Mn | 405.09 Mn | 53.65 Mn | -36.47 Mn |
| 7 | Gogo | 357.66 Mn | 294.52 Mn | - | 17.59 Mn |
| 8 | Kvh Industries Inc \De\ | 136.15 Mn | 78.43 Mn | 14.63 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 12.65 Mn |
| Jun 30, 2023 | 13.24 Mn |
| Mar 31, 2023 | 13.29 Mn |
| Dec 31, 2022 | 14.05 Mn |
| Sep 30, 2022 | 13.85 Mn |
| Jun 30, 2022 | 14.31 Mn |
| Mar 31, 2022 | 14.97 Mn |
| Dec 31, 2021 | 15.66 Mn |
| Sep 30, 2021 | 16.31 Mn |
| Jun 30, 2021 | 28.87 Mn |
| Mar 31, 2021 | 34.67 Mn |
| Dec 31, 2020 | 35.47 Mn |
| Sep 30, 2020 | 37.97 Mn |
| Jun 30, 2020 | 38.26 Mn |
| Mar 31, 2020 | 36.23 Mn |
| Dec 31, 2019 | 94.20 Mn |
| Sep 30, 2019 | 49.87 Mn |
| Jun 30, 2019 | 53.75 Mn |
| Mar 31, 2019 | 53.20 Mn |
| Dec 31, 2018 | 55.25 Mn |