ViaSat Inc (VSAT)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 5,025,430 | 5,103,010 | 5,189,970 | 5,939,510 | 3,824,310 | 2,588,750 | 2,596,560 | 2,652,860 | 2,633,870 | 2,634,450 | 2,634,810 | 2,620,120 | 2,351,470 | 2,318,680 | 2,280,050 | 2,072,970 | 2,027,790 | 2,006,270 | 1,990,910 | 1,963,230 |
| Debt-to-equity ratio | 0.87 | 0.85 | 0.83 | 0.61 | 0.44 | 0.65 | 0.65 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.72 | 0.73 | 0.74 | 0.81 | 0.63 | 0.64 | 0.65 | 0.70 |
March 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $4,354,710K ÷ $5,025,430K
= 0.87
The debt-to-equity ratio of ViaSat Inc has varied over the past few years, indicating fluctuations in its financial leverage. As of March 31, 2024, the ratio stands at 0.87, which suggests that the company is utilizing more debt relative to equity to finance its operations. This is an increase compared to the ratio of 0.85 at the end of December 31, 2023.
Looking back over the previous quarters, the ratio has shown some volatility, with a notable increase from 0.44 in March 31, 2023, to 0.87 in March 31, 2024. This indicates an escalation in the company's debt relative to equity during this period.
The trend in the debt-to-equity ratio can provide insights into ViaSat Inc's capital structure and risk profile. A higher ratio indicates higher financial leverage and potential risk, as the company relies more on borrowing to fund its operations. It is important for investors and stakeholders to closely monitor this ratio to assess the company's financial health and ability to manage its debt obligations.
Peer comparison
Mar 31, 2024