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
DateValue
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