EchoStar Corporation (SATS)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 60,938,700 | 57,547,400 | 55,255,200 | 55,556,400 | 57,108,900 | 6,230,460 | 6,237,040 | 6,193,790 | 6,199,000 | 6,125,300 | 6,118,520 | 6,169,750 | 6,045,200 | 6,182,360 | 6,209,610 | 6,951,810 | 7,073,350 | 7,025,540 | 6,976,190 | 6,959,620 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $60,938,700K
= 0.00
The debt-to-assets ratio for EchoStar Corporation has been consistently reported as 0.00% for all the quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not used debt financing to acquire assets during this period. A debt-to-assets ratio of 0.00% typically suggests that the company is mainly financing its assets through equity, which may indicate a lower financial risk as there is no debt obligation to service. While a low debt-to-assets ratio may imply financial stability and lower risk, it is also essential to consider other factors such as profitability, liquidity, and operational efficiency to gain a comprehensive understanding of the company's financial health.
Peer comparison
Dec 31, 2024