EchoStar Corporation (SATS) - Net Assets
Based on the latest financial reports, EchoStar Corporation (SATS) has net assets worth $7.01 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($45.27 Billion) and total liabilities ($38.26 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SATS cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.01 Billion |
| % of Total Assets | 15.48% |
| Annual Growth Rate | 42.2% |
| 5-Year Change | 461.24% |
| 10-Year Change | 435.36% |
| Growth Volatility | 749.44 |
EchoStar Corporation - Net Assets Trend (2006–2024)
This chart illustrates how EchoStar Corporation's net assets have evolved over time, based on quarterly financial data. Also explore EchoStar Corporation asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for EchoStar Corporation (2006–2024)
The table below shows the annual net assets of EchoStar Corporation from 2006 to 2024. For live valuation and market cap data, see EchoStar Corporation market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $20.25 Billion | -0.70% |
| 2023-12-31 | $20.39 Billion | +466.49% |
| 2022-12-31 | $3.60 Billion | +5.42% |
| 2021-12-31 | $3.41 Billion | -5.36% |
| 2020-12-31 | $3.61 Billion | -3.69% |
| 2019-12-31 | $3.75 Billion | -9.86% |
| 2018-12-31 | $4.16 Billion | -0.52% |
| 2017-12-31 | $4.18 Billion | +4.26% |
| 2016-12-31 | $4.01 Billion | +5.95% |
| 2015-12-31 | $3.78 Billion | +4.36% |
| 2014-12-31 | $3.62 Billion | +12.32% |
| 2013-12-31 | $3.23 Billion | +2.41% |
| 2012-12-31 | $3.15 Billion | +3.23% |
| 2011-12-31 | $3.05 Billion | +1.28% |
| 2010-12-31 | $3.01 Billion | +13.07% |
| 2009-12-31 | $2.66 Billion | +19.73% |
| 2008-12-31 | $2.23 Billion | +84.33% |
| 2007-12-31 | $1.21 Billion | +3273.99% |
| 2006-12-31 | $35.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EchoStar Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1164410200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $11.62 Billion | 57.54% |
| Common Stock | $286.00K | 0.00% |
| Other Comprehensive Income | $-195.71 Million | -0.97% |
| Other Components | $8.77 Billion | 43.43% |
| Total Equity | $20.19 Billion | 100.00% |
EchoStar Corporation Competitors by Market Cap
The table below lists competitors of EchoStar Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Incyte Corporation
NASDAQ:INCY
|
$19.29 Billion |
|
Vantage Towers AG
HM:VTWR
|
$19.29 Billion |
|
SNAM S.P.A. ADR 2
F:SNM0
|
$19.32 Billion |
|
First Quantum Minerals Ltd
TO:FM
|
$19.37 Billion |
|
Telus Corp
TO:T
|
$19.28 Billion |
|
Vestas Wind Systems A/S
F:VWSA
|
$19.27 Billion |
|
Mirae Asset Daewoo Securities Co Ltd
KO:006800
|
$19.23 Billion |
|
YPF S.A. D
BA:YPFD
|
$19.21 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EchoStar Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,880,177,000 to 20,191,372,000, a change of 311,195,000 (1.6%).
- Net loss of 119,546,000 reduced equity.
- Share repurchases of 441,998,000 reduced equity.
- Other comprehensive income decreased equity by 35,655,000.
- Other factors increased equity by 908,394,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-119.55 Million | -0.59% |
| Share Repurchases | $442.00 Million | -2.19% |
| Other Comprehensive Income | $-35.66 Million | -0.18% |
| Other Changes | $908.39 Million | +4.5% |
| Total Change | $- | 1.57% |
Book Value vs Market Value Analysis
This analysis compares EchoStar Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.67x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 66.68x to 1.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $1.85 | $123.18 | x |
| 2007-12-31 | $3.85 | $123.18 | x |
| 2008-12-31 | $7.12 | $123.18 | x |
| 2009-12-31 | $8.85 | $123.18 | x |
| 2010-12-31 | $10.10 | $123.18 | x |
| 2011-12-31 | $10.03 | $123.18 | x |
| 2012-12-31 | $10.20 | $123.18 | x |
| 2013-12-31 | $10.11 | $123.18 | x |
| 2014-12-31 | $10.90 | $123.18 | x |
| 2015-12-31 | $11.30 | $123.18 | x |
| 2016-12-31 | $11.86 | $123.18 | x |
| 2017-12-31 | $12.29 | $123.18 | x |
| 2018-12-31 | $12.29 | $123.18 | x |
| 2019-12-31 | $10.84 | $123.18 | x |
| 2020-12-31 | $10.34 | $123.18 | x |
| 2021-12-31 | $10.65 | $123.18 | x |
| 2022-12-31 | $11.38 | $123.18 | x |
| 2023-12-31 | $73.40 | $123.18 | x |
| 2024-12-31 | $73.67 | $123.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EchoStar Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.76%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 3.02x
- Recent ROE (-0.59%) is below the historical average (3.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -58.49% | -72.04% | 0.58x | 1.39x | $-24.51 Million |
| 2007 | -7.06% | -5.52% | 1.22x | 1.04x | $-206.05 Million |
| 2008 | -42.41% | -43.90% | 0.74x | 1.30x | $-1.17 Billion |
| 2009 | 13.69% | 19.16% | 0.55x | 1.30x | $98.22 Million |
| 2010 | 6.78% | 8.69% | 0.61x | 1.28x | $-96.96 Million |
| 2011 | 0.12% | 0.13% | 0.42x | 2.15x | $-300.61 Million |
| 2012 | 6.72% | 6.76% | 0.47x | 2.10x | $-103.04 Million |
| 2013 | 0.08% | 0.08% | 0.49x | 2.08x | $-319.21 Million |
| 2014 | 4.33% | 4.44% | 0.47x | 2.05x | $-200.44 Million |
| 2015 | 4.15% | 4.88% | 0.43x | 1.96x | $-216.19 Million |
| 2016 | 4.59% | 5.89% | 0.34x | 2.30x | $-212.08 Million |
| 2017 | 9.43% | 20.82% | 0.22x | 2.10x | $-23.70 Million |
| 2018 | -0.98% | -1.94% | 0.24x | 2.09x | $-454.49 Million |
| 2019 | -1.71% | -3.34% | 0.26x | 1.95x | $-429.90 Million |
| 2020 | -1.13% | -2.13% | 0.27x | 2.00x | $-394.38 Million |
| 2021 | 74.13% | 12.55% | 3.28x | 1.80x | $2.15 Billion |
| 2022 | 70.74% | 13.30% | 3.01x | 1.77x | $2.13 Billion |
| 2023 | -8.56% | -10.00% | 0.30x | 2.87x | $-3.69 Billion |
| 2024 | -0.59% | -0.76% | 0.26x | 3.02x | $-2.14 Billion |
Industry Comparison
This section compares EchoStar Corporation's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $84,013,623,558
- Average return on equity (ROE) among peers: 6.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EchoStar Corporation (SATS) | $7.01 Billion | -58.49% | 5.46x | $19.28 Billion |
| Array Digital Infrastructure, Inc. (AD) | $2.57 Billion | 11.30% | 0.92x | $2.63 Billion |
| America Movil SAB de CV ADR (AMX) | $428.37 Billion | 18.13% | 3.21x | $71.77 Billion |
| Anterix Inc (ATEX) | $-4.21 Million | 0.00% | 0.00x | $703.61 Million |
| ATN International Inc (ATNI) | $808.72 Million | 1.55% | 0.48x | $365.41 Million |
| Altice USA Inc (ATUS) | $-5.03 Billion | 0.00% | 0.00x | $502.28 Million |
| Cable One Inc (CABO) | $1.74 Billion | 12.27% | 2.96x | $425.47 Million |
| Cogent Communications Group Inc (CCOI) | $-149.00 Million | 0.00% | 0.00x | $1.14 Billion |
| Chunghwa Telecom Co Ltd (CHT) | $373.04 Billion | 12.62% | 0.19x | $33.47 Billion |
| Charter Communications Inc (CHTR) | $38.81 Billion | 4.30% | 2.82x | $21.41 Billion |
| Comcast Corp (CMCSA) | $-21.70 Million | 0.00% | 0.00x | $97.57 Billion |
About EchoStar Corporation
EchoStar Corporation, together with its subsidiaries, provides networking technologies and services in the United States and internationally. It operates through four segments: Pay-TV, Retail Wireless, 5G Network Deployment, Broadband and Satellite Services. The Pay-TV segment offers a direct broadcast and fixed satellite services; designs, develops, and distributes receiver system; and provides … Read more