Telesat

Telesat Interest Coverage

The Interest Coverage Ratio of Telesat (TSAT) as of Oct 16, 2026 is -0.08. In the previous year, Interest Coverage Ratio was 3.53 — a change of -102.39% (lower).

Interest Coverage

-0.08

YoY

-102.39%

Last updated:

Interest Coverage Ratio of Telesat is 2024 -0.08 . Interest Coverage Ratio of Telesat was 2023 3.53 . It decreases by -102.39% lower compared to the previous year.

The Telesat Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
7.82 CAD
Jan 1, 2018
0.94 CAD
Jan 1, 2019
3.85 CAD
Jan 1, 2020
2.47 CAD
Jan 1, 2021
6.13 CAD
Jan 1, 2022
0.68 CAD
Jan 1, 2023
3.53 CAD
Jan 1, 2024
-0.08 CAD
The Telesat Interest Coverage history
YEARInterest CoverageYoY
-0.08-102.39%
3.53+416.43%
0.68-88.84%
6.13+148.61%
2.47-36.04%
3.85+310.65%
0.94-88.00%
7.82—

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Telesat Stock analysis

What does Telesat do? Telesat Corp, listed under the ticker TSAT, is a Canadian company headquartered in Ottawa. It operates within the Communication Services sector, specifically in the Telecommunication industry. The company went public on November 19, 2021, and currently employs 711 people. Telesat provides satellite communications services globally, supporting sophisticated satellite users with mission-critical solutions. Its service portfolio includes Broadcast services such as Direct-to-home television, video distribution, and contribution services. Enterprise services cover telecommunications carriers, integrators, government clients, consumer broadband, resource management, maritime and aeronautical communications, retail, and satellite operator support. Consulting and other services encompass space and earth segment consulting, government studies, satellite control, and research and development. The company utilizes a fleet of 15 in-orbit geostationary satellites for its satellite services, alongside a Canadian payload on the ViaSat-1 satellite. Additionally, Telesat has developed a constellation of low Earth orbit (LEO) satellites integrated with terrestrial infrastructure, known as Telesat Lightspeed. The company's website is https://www.telesat.com/. Telesat is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Telesat stock

Interest Coverage Ratio of Telesat is -0.08 in 2024.

Interest Coverage Ratio of Telesat changed from 3.53 to -0.08, representing a -102.39% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Telesat since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Telesat with sector peers and the industry average to assess whether it is attractive.

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Leverage — Telesat

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