Telesat (TSAT) Debt Ratio (2019 - 2026)
Telesat's (TSAT) quarterly Debt Ratio came in at 0.76 in Q2 2026, up 59.88% year-over-year from 0.48 in Q2 2025, and up 12.17% quarter-over-quarter from 0.68 in Q1 2026.
Analysis
Telesat (TSAT) Debt Ratio (2019 - 2026) Analysis & Trends
Telesat (TSAT) has reported Debt Ratio for 8 consecutive years, with 0.76 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Debt Ratio rose 59.88% year-over-year to 0.76 in Q2 2026; TTM through Jun 2026 was 0.76, a 59.88% increase from a year earlier, with the FY2025 full-year figure at 0.66, up 49.57% from the prior year.
- Debt Ratio was 0.76 for Q2 2026 at Telesat, up from 0.68 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.76 in Q2 2026 and troughed at 0.45 in Q4 2024.
- A 5-year average of 0.56 and a median of 0.53 in 2023 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio retreated 15.24% in 2023 and jumped 59.88% in 2026, its largest moves.
- Over 5 years, Debt Ratio stood at 0.6 in 2022, then declined by 15.07% to 0.51 in 2023, then slipped by 12.0% to 0.45 in 2024, then jumped by 46.53% to 0.66 in 2025, then advanced by 15.36% to 0.76 in 2026.
- The last three Debt Ratio figures came in at 0.76 (Q2 2026), 0.68 (Q1 2026), and 0.66 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | 0.44 |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | 0.51 |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | 0.17 |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 0.04 |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 0.69 |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | 0.76 |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 0.66 |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.76 |
| Mar 31, 2026 | 0.68 |
| Dec 31, 2025 | 0.66 |
| Sep 30, 2025 | 0.48 |
| Jun 30, 2025 | 0.48 |
| Mar 31, 2025 | 0.48 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 0.47 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.52 |
| Dec 31, 2023 | 0.51 |
| Sep 30, 2023 | 0.52 |
| Jun 30, 2023 | 0.53 |
| Mar 31, 2023 | 0.60 |
| Dec 31, 2022 | 0.60 |
| Sep 30, 2022 | 0.61 |
| Jun 30, 2022 | 0.58 |
| Mar 31, 2022 | 0.60 |
| Dec 31, 2021 | 0.60 |
| Sep 30, 2021 | 0.62 |