EchoStar (SATS) Interest Expenses (2009 - 2023)
EchoStar (SATS) posted Interest Expenses of $12.6 million for Q3 2023, down 4.46% sequentially from $13.2 million in Q2 2023, and down 8.63% YoY from $13.8 million in Q3 2022.
EchoStar (SATS) Interest Expenses (2009 - 2023) Analysis & Trends
EchoStar (SATS) has 15 years of Interest Expenses data on file, last reported at $12.6 million in Q3 2023.
- Quarterly Interest Expenses fell 8.63% year-over-year to $12.6 million in Q3 2023, while the trailing twelve-month figure through Jun 2024 was $12.6 million (down 76.75% YoY) and the FY2022 annual result came in at $57.2 million, down 40.14% from the prior year.
- Interest Expenses declined to $12.6 million in Q3 2023 per SATS's latest filing, from $13.2 million in the prior quarter.
- The five-year high for Interest Expenses was $94.2 million in Q4 2019, with the low at $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 plunged 62.35% in 2020.
- EchoStar's Interest Expenses stood at $94.2 million in 2019, then sank by 62.35% to $35.5 million in 2020, then sank by 55.84% to $15.7 million in 2021, then decreased by 10.34% to $14.0 million in 2022, then slipped by 9.93% to $12.6 million in 2023.
- Business Quant data shows SATS's Interest Expenses at $12.6 million in Q3 2023, $13.2 million in Q2 2023, and $13.3 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | - |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 1.94 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 1.81 Bn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | - |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | -238.00 Mn |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | - |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | 13.77 Mn |
| 10 | EchoStar | 16.24 Mn | -109.99 Mn | 3.13 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 12.65 Mn |
| Sep 30, 2023 | 12.65 Mn |
| Jun 30, 2023 | 13.24 Mn |
| Jun 30, 2023 | 13.24 Mn |
| Mar 31, 2023 | 13.29 Mn |
| Mar 31, 2023 | 13.29 Mn |
| Dec 31, 2022 | 14.05 Mn |
| Dec 31, 2022 | 14.05 Mn |
| Sep 30, 2022 | 13.85 Mn |
| Sep 30, 2022 | 13.85 Mn |
| Jun 30, 2022 | 14.31 Mn |
| Jun 30, 2022 | 14.31 Mn |
| Mar 31, 2022 | 14.97 Mn |
| Mar 31, 2022 | 14.97 Mn |
| Dec 31, 2021 | 15.66 Mn |
| Dec 31, 2021 | 15.66 Mn |
| Sep 30, 2021 | 16.31 Mn |
| Sep 30, 2021 | 16.31 Mn |
| Jun 30, 2021 | 28.87 Mn |
| Jun 30, 2021 | 28.87 Mn |