EchoStar Corporation (SATS)
Debt-to-capital ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 20,191,400 | 19,880,200 | 3,502,620 | 3,353,830 | 3,542,330 |
Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $20,191,400K)
= 0.00
The debt-to-capital ratio of EchoStar Corporation has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt financing as part of its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital is entirely derived from equity, which may indicate a strong financial position with lower financial risk, as there are no obligations to repay debt. However, it is essential to consider other financial metrics and factors to gain a more comprehensive understanding of EchoStar Corporation's overall financial health and leverage.
Peer comparison
Dec 31, 2024