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
DateValue
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