ViaSat Inc (VSAT)
Debt-to-assets ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 4,354,710 | 4,342,620 | 4,333,130 | 3,610,540 | 1,689,190 | 1,688,440 | 1,687,700 | 1,686,960 | 1,686,220 | 1,685,480 | 1,684,740 | 1,684,000 | 1,683,260 | 1,682,520 | 1,681,770 | 1,680,900 | 1,285,500 | 1,284,910 | 1,284,330 | 1,382,960 |
| Total assets | US$ in thousands | 16,329,400 | 16,650,700 | 17,072,000 | 17,897,600 | 7,730,340 | 6,801,920 | 6,510,280 | 6,483,360 | 6,389,350 | 6,086,790 | 5,992,860 | 5,994,530 | 5,349,470 | 5,248,710 | 5,203,400 | 4,904,370 | 4,883,870 | 4,513,680 | 4,367,050 | 4,262,290 |
| Debt-to-assets ratio | 0.27 | 0.26 | 0.25 | 0.20 | 0.22 | 0.25 | 0.26 | 0.26 | 0.26 | 0.28 | 0.28 | 0.28 | 0.31 | 0.32 | 0.32 | 0.34 | 0.26 | 0.28 | 0.29 | 0.32 |
March 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $4,354,710K ÷ $16,329,400K
= 0.27
The debt-to-assets ratio of ViaSat Inc has shown fluctuations over the past few quarters. The ratio has ranged from 0.20 to 0.34, with the highest ratio being 0.34 in the second quarter of 2020 and the lowest being 0.20 in the second quarter of 2023.
Overall, the trend indicates that the company has maintained a relatively stable level of indebtedness in relation to its total assets. A ratio of less than 1 suggests that ViaSat Inc relies more on equity financing rather than debt to fund its operations and investments. This indicates a conservative approach to capital structure management.
It is important to note that while the debt-to-assets ratio provides insights into the company's leverage position, it should be analyzed in conjunction with other financial metrics and qualitative factors to gain a more comprehensive understanding of ViaSat Inc's financial health and risk profile.
Peer comparison
Mar 31, 2024