ViaSat Inc (VSAT)
Debt-to-equity ratio
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 4,354,710 | 1,689,190 | 1,686,220 | 1,683,260 | 1,285,500 |
| Total stockholders’ equity | US$ in thousands | 5,025,430 | 3,824,310 | 2,633,870 | 2,351,470 | 2,027,790 |
| Debt-to-equity ratio | 0.87 | 0.44 | 0.64 | 0.72 | 0.63 |
March 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $4,354,710K ÷ $5,025,430K
= 0.87
ViaSat Inc's debt-to-equity ratio has exhibited fluctuations over the past five years, ranging from 0.44 to 0.87. In 2024, the ratio stands at 0.87, indicating that the company is financing a larger portion of its operations through debt compared to equity. This increase in the ratio from the previous year suggests a higher reliance on debt financing to support the company's activities. It is worth noting that a ratio of 0.87 may signal higher financial risk, as a higher proportion of debt in the capital structure can lead to increased interest expenses and potential solvency concerns. Further analysis of ViaSat Inc's debt management strategies and overall financial health would provide a more holistic understanding of the implications of this ratio.
Peer comparison
Mar 31, 2024