Telesat Corp (TSAT) — Tangible Net Worth Ratio
Telesat Corp (TSAT) has a Tangible Net Worth Ratio of 73.8% as of March 2026. This metric is calculated by deducting intangible assets (CA$435.54 Million) from net assets (CA$1.66 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Telesat Corp (TSAT) shareholders funds for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Telesat Corp Tangible Net Worth Ratio (2012–2025)
This chart shows how Telesat Corp's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 73.8%, reflecting net assets of CA$1.66 Billion with intangible assets of CA$435.54 Million CAD. Also explore how fast is Telesat Corp growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Telesat Corp (2012–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Telesat Corp from 2012 to 2025, covering 14 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Telesat Corp (TSAT) total market value.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 75.0% | CA$1.77 Billion | CA$442.28 Million | CA$6.60 Billion | ▼ -5.1 pp |
| 2024 | 80.1% | CA$2.50 Billion | CA$497.47 Million | CA$6.95 Billion | ▲ +9.0 pp |
| 2023 | 71.1% | CA$2.40 Billion | CA$692.76 Million | CA$6.27 Billion | ▲ +12.4 pp |
| 2022 | 58.8% | CA$1.84 Billion | CA$756.88 Million | CA$6.48 Billion | ▲ +3.7 pp |
| 2021 | 55.0% | CA$1.70 Billion | CA$764.08 Million | CA$6.37 Billion | ▲ +8.4 pp |
| 2020 | 46.6% | CA$1.46 Billion | CA$779.19 Million | CA$5.58 Billion | ▲ +11.1 pp |
| 2019 | 35.5% | CA$1.25 Billion | CA$802.79 Million | CA$5.92 Billion | ▲ +9.8 pp |
| 2018 | 25.8% | CA$1.09 Billion | CA$811.15 Million | CA$5.88 Billion | ▼ -3.1 pp |
| 2017 | 28.9% | CA$1.14 Billion | CA$813.00 Million | CA$5.70 Billion | ▼ -1.4 pp |
| 2016 | 30.3% | CA$1.19 Billion | CA$832.51 Million | CA$6.14 Billion | ▲ +18.7 pp |
| 2015 | 11.6% | CA$918.13 Million | CA$811.40 Million | CA$6.00 Billion | ▼ -15.8 pp |
| 2014 | 27.5% | CA$1.13 Billion | CA$820.57 Million | CA$5.74 Billion | ▲ +2.8 pp |
| 2013 | 24.7% | CA$1.12 Billion | CA$845.29 Million | CA$5.72 Billion | ▲ +8.3 pp |
| 2012 | 16.4% | CA$1.03 Billion | CA$858.70 Million | CA$5.81 Billion | — |