Telesat (TSAT) Debt Ratio (2019 - 2026)
Telesat (TSAT) posted quarterly Debt Ratio of 0.54 for Q1 2026, up 14.25% year-over-year from 0.48 in Q1 2025, and up 2.95% quarter-over-quarter from 0.53 in Q4 2025.
Telesat (TSAT) Debt Ratio (2019 - 2026) Analysis & Trends
Telesat (TSAT) has reported Debt Ratio for 8 consecutive years, with 0.54 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio rose 14.25% year-over-year to 0.54; the TTM figure through Mar 2026 stood at 0.54 (up 14.25% YoY), while the FY2025 annual figure was 0.35, up 7942.81% from the prior year.
- Debt Ratio climbed to 0.54 in Q1 2026 per TSAT's latest filing, from 0.53 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.6 in Q4 2022 and bottomed at 0.01 in Q2 2022.
- Historically, Debt Ratio has averaged 0.26 across 5 years, with a median of 0.11 in 2025.
- Annual changes were most pronounced in 2024 — Debt Ratio jumped 4735.34% — and 2025, when it slumped 78.11%.
- Telesat's Debt Ratio stood at 0.6 in 2022, then retreated by 15.07% to 0.51 in 2023, then declined by 12.0% to 0.45 in 2024, then advanced by 17.65% to 0.53 in 2025, then rose by 2.95% to 0.54 in 2026.
- Business Quant data shows TSAT's Debt Ratio at 0.54 in Q1 2026, 0.53 in Q4 2025, and 0.11 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 0.28 |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 0.27 |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 0.47 |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 0.47 |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | 0.07 |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 0.25 |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | - |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 0.08 |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 0.51 |
| 10 | Telesat | 770.64 Mn | 378.73 Mn | 62.14 Mn | 0.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.54 |
| Dec 31, 2025 | 0.53 |
| Sep 30, 2025 | 0.11 |
| Jun 30, 2025 | 0.10 |
| Mar 31, 2025 | 0.48 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 0.47 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.01 |
| Dec 31, 2023 | 0.51 |
| Sep 30, 2023 | 0.01 |
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.01 |
| Dec 31, 2022 | 0.60 |
| Sep 30, 2022 | 0.01 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.60 |
| Dec 31, 2020 | 0.58 |
| Dec 31, 2019 | 0.01 |