EchoStar (STU:E20) LT-Debt-to-Total-Asset : 0.41 (As of Jun. 2024)

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What is EchoStar LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. EchoStar's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.41.

EchoStar's long-term debt to total assets ratio increased from Jun. 2023 (0.26) to Jun. 2024 (0.41). It may suggest that EchoStar is progressively becoming more dependent on debt to grow their business.

EchoStar LT-Debt-to-Total-Asset Historical Data

The historical data trend for EchoStar's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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EchoStar LT-Debt-to-Total-Asset Chart

EchoStar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.35

0.23

0.27

0.41

0.40

EchoStar Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.26	0.40	0.41	0.41

EchoStar LT-Debt-to-Total-Asset Calculation

EchoStar's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	20942.971	/	52368.856
	=	0.40

EchoStar's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	21175.601	/	51332.074
	=	0.41

EchoStar (STU:E20) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

EchoStar LT-Debt-to-Total-Asset Related Terms

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EchoStar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » EchoStar Corp (STU:E20) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

SATS:USA E20:Germany

Address

9601 South Meridian Boulevard, Englewood, CO, USA, 80112

Website

https://www.echostar.com

Following the Dish Network merger, satellite television provides the bulk of EchoStar's revenue. The firm serves about 6 million us customers, about 10% of the traditional television market. It launched an internet-based television offering under the Sling brand in 2015 and serves about 2 million customers on this platform. EchoStar's future, however, hinges primarily on the wireless business. The firm has amassed an extensive portfolio of spectrum licenses over the past 15 years and is building a nationwide wireless network. It acquired Sprint's prepaid business and serves about 7 million customers, primarily under the Boost brand. EchoStar's legacy businesses provide satellite telecom services and equipment to businesses and consumers, including about 1 million internet customers.

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