Telesat TSAT
NASDAQ TSAT
$44.90 +0.85 (+1.93%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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