Telesat (Telesat) Cash-to-Debt : 0.52 (As of Dec. 2023)

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What is Telesat Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Telesat's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.52.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Telesat couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Telesat's Cash-to-Debt or its related term are showing as below:

TSAT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 0.41 Max: 0.52
Current: 0.52

During the past 5 years, Telesat's highest Cash to Debt Ratio was 0.52. The lowest was 0.26. And the median was 0.41.

TSAT's Cash-to-Debt is ranked worse than
72.62% of 2469 companies
in the Hardware industry
Industry Median: 1.35 vs TSAT: 0.52

Telesat Cash-to-Debt Historical Data

The historical data trend for Telesat's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Telesat Cash-to-Debt Chart

Telesat Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

0.26

0.38

0.43

0.52

Telesat Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									0.43	0.45	0.44	0.54	0.52

Competitive Comparison of Telesat's Cash-to-Debt

For the Communication Equipment subindustry, Telesat's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Telesat's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Telesat's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Telesat's Cash-to-Debt falls into.

Telesat Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Telesat's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1244.574	/	(1.653	+	2406.187)
	=	0.52

Telesat's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1244.574	/	(1.653	+	2406.187)
	=	0.52

Telesat (NAS:TSAT) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Telesat Cash-to-Debt Related Terms

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Telesat (Telesat) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Telesat Corp (NAS:TSAT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ZE2:Germany TSAT:Canada

Address

160 Elgin Street, Ottawa, ON, CAN, K2P 2P7

Website

https://www.telesat.com

Telesat Corp is a global satellite operator, providing its customers with mission-critical communications services. The company's segment includes Broadcast; Enterprise and Consulting and other. The Broadcast segment includes Direct-to-home television, video distribution and contribution, and occasional use services. The enterprise segment includes telecommunication carriers and integrators, government, consumer broadband, resource, maritime and aeronautical, retail and satellite operator services. Consulting and other segments include Consulting services related to space and earth segments, government studies, satellite control services, and research and development. Geographically, it derives a majority of its revenue from Canada.

Executives

Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Gamco Investors, Inc. Et Al	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830