ViaSat Inc (VSAT)
Financial leverage ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | — | 15,600,400 | 17,755,000 | 16,087,900 | 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 |
| Total stockholders’ equity | US$ in thousands | — | 4,760,620 | 4,935,480 | 5,029,350 | 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 |
| Financial leverage ratio | — | 3.28 | 3.60 | 3.20 | 3.25 | 3.26 | 3.29 | 3.01 | 2.02 | 2.63 | 2.51 | 2.44 | 2.43 | 2.31 | 2.27 | 2.29 | 2.27 | 2.26 | 2.28 | 2.37 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $—K ÷ $—K
= —
The financial leverage ratio of ViaSat Inc has shown fluctuation over the past few years, ranging from 2.02 to 3.60. The ratio indicates the level of debt financing relative to equity financing in the company's capital structure. A ratio above 1 suggests that the company relies more on debt to finance its operations.
From the data provided, we observe that the financial leverage ratio has generally been increasing from 2.37 on June 30, 2020, to 3.60 on September 30, 2024. This upward trend indicates a growing reliance on debt to fund the company's activities during this period.
However, it is worth noting a significant spike in the ratio from 2.02 on March 31, 2023, to 3.01 on June 30, 2023, followed by further increases in subsequent quarters. This sudden jump in the ratio may signal a period of heightened debt usage or possibly a change in the company's capital structure.
The absence of data for the financial leverage ratio as of March 31, 2025, makes it challenging to provide a complete analysis of the most recent period. It would be beneficial to monitor future financial reports to assess whether the ratio remains elevated or experiences a reversal in trend.
In conclusion, while the financial leverage ratio of ViaSat Inc has shown fluctuations, the overall trend indicates an increasing reliance on debt financing. Monitoring this ratio over time can provide insights into the company's financial health and risk profile.
Peer comparison
Mar 31, 2025