EchoStar Corporation (SATS)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $20,191,400K
= 0.00
The debt-to-equity ratio for EchoStar Corporation has been consistently reported as 0.00 for the years ending December 31, from 2020 to 2024. This indicates that EchoStar holds no debt or minimal debt relative to its equity during this period. A debt-to-equity ratio of 0.00 suggests that the company relies more on equity financing rather than debt financing to support its operations and growth. This could be viewed positively by investors and creditors as it implies a lower financial risk and potential for better solvency. However, it's important to note that a very low debt-to-equity ratio may also imply missed opportunities for leveraging debt for potential growth or tax benefits. Overall, the sustained low debt-to-equity ratio indicates a conservative capital structure approach by EchoStar Corporation.
Peer comparison
Dec 31, 2024