Telesat (TSAT) Debt to Equity (2019 - 2025)
Telesat (TSAT) reported Debt to Equity of $0.49 for Q4 2025, up 86.33% year-over-year from $0.26 in Q4 2024, and up 41.44% quarter-over-quarter from $0.35 in Q3 2025.
Telesat (TSAT) Debt to Equity (2019 - 2025) Analysis & Trends
Telesat (TSAT) has 7 years of Debt to Equity data on file, last reported at $0.49 in Q4 2025.
- Debt to Equity for Q4 2025 came in at $0.49, up 86.33% year-over-year; the trailing twelve-month figure through Dec 2025 was $0.49 (up 86.33% YoY), and the FY2025 annual result was $0.49, up 236.06% from the prior year.
- Debt to Equity climbed to $0.49 in Q4 2025 per TSAT's latest filing, from $0.35 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.49 in Q4 2025 and troughed at $0.02 in Q2 2024.
- A 5-year average of $0.12 and a median of $0.04 in 2021 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2023 and 2025: Debt to Equity sank 55.99% in 2023, then soared 1807.4% in 2025.
- A 5-year view of Debt to Equity shows it stood at $0.04 in 2021, then rose by 5.52% to $0.04 in 2022, then slumped by 55.99% to $0.02 in 2023, then soared by 1233.82% to $0.26 in 2024, then soared by 86.33% to $0.49 in 2025.
- Business Quant data shows TSAT's Debt to Equity at $0.49 in Q4 2025, $0.35 in Q3 2025, and $0.31 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 0.64 |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 0.55 |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 3.50 |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 0.87 |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 1.10 |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | - |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | 1.12 |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 0.04 |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 0.76 |
| 10 | Telesat | 474.30 Mn | 108.43 Mn | - | 0.49 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.49 |
| Sep 30, 2025 | 0.35 |
| Jun 30, 2025 | 0.31 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.26 |
| Sep 30, 2024 | 0.02 |
| Jun 30, 2024 | 0.02 |
| Mar 31, 2024 | 0.03 |
| Dec 31, 2023 | 0.02 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.03 |
| Mar 31, 2023 | 0.05 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.05 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.04 |
| Dec 31, 2021 | 0.04 |
| Dec 31, 2020 | 0.04 |
| Dec 31, 2019 | 0.06 |