Telesat (TSAT) Non-Current Debt (2019 - 2026)
Telesat (TSAT) recorded Non-Current Debt of $760.1 million in the quarter ended Jun 30, 2026, down 67.0% from $2.3 billion a year earlier and down 17.9% from the prior quarter.
Telesat (TSAT) Non-Current Debt (2019 - 2026) Analysis & Trends
As of Dec 31, 2025, Telesat reported Non-Current Debt of $824.84 million, down 62.8% from the prior year.
- Annual Non-Current Debt has declined for four straight years, with a five-year compound annual growth rate of -19.1% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Non-Current Debt came in at $2.22 billion in the year ended Dec 31, 2024 (-5.6%), $2.35 billion in the year ended Dec 31, 2023 (-20.7%), $2.96 billion in the year ended Dec 31, 2022 (-2.1%) and $3.03 billion in the year ended Dec 31, 2021 (+27.2%).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Non-Current Debt in data going back to the quarter ended Dec 31, 2019.
- On a year-over-year basis, Non-Current Debt has declined for three consecutive quarters, with an average decline of 24.3% over the last eight quarters.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 23.1% in the quarter ended Dec 31, 2021, against a decline of 67.0% in the quarter ended Jun 30, 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $926.29 million (quarter ended Mar 31, 2026), $826.41 million (quarter ended Dec 31, 2025) and $2.4 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 143.45 Bn |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 78.50 Bn |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 134.63 Bn |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | 4.63 Bn |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | 84.26 Bn |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | 50.62 Mn |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | 15.99 Bn |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | 2.96 Bn |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | 27.13 Bn |
| 10 | Telesat | 703.44 Mn | -88.10 Mn | 53.65 Mn | 760.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 760.10 Mn |
| Mar 31, 2026 | 926.29 Mn |
| Dec 31, 2025 | 826.41 Mn |
| Sep 30, 2025 | 2.40 Bn |
| Jun 30, 2025 | 2.30 Bn |
| Mar 31, 2025 | 2.34 Bn |
| Dec 31, 2024 | 2.22 Bn |
| Sep 30, 2024 | 2.13 Bn |
| Jun 30, 2024 | 2.20 Bn |
| Mar 31, 2024 | 2.43 Bn |
| Dec 31, 2023 | 2.35 Bn |
| Sep 30, 2023 | 2.44 Bn |
| Jun 30, 2023 | 2.57 Bn |
| Mar 31, 2023 | 2.84 Bn |
| Dec 31, 2022 | 2.84 Bn |
| Sep 30, 2022 | 3.01 Bn |
| Jun 30, 2022 | 2.87 Bn |
| Mar 31, 2022 | 2.93 Bn |
| Dec 31, 2021 | 3.01 Bn |
| Sep 30, 2021 | 3.02 Bn |
Telesat Non-Current Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=TSAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "TSAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=TSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();