Telesat Capex To Depreciation vs Book Value Per Share Analysis

TSAT Stock

16.75 0.69 4.30%

Telesat Corp financial indicator trend analysis is much more than just breaking down Telesat Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telesat Corp is a good investment. Please check the relationship between Telesat Corp Capex To Depreciation and its Book Value Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telesat Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Telesat Stock, please use our How to Invest in Telesat Corp guide.

Capex To Depreciation vs Book Value Per Share

Capex To Depreciation vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telesat Corp Capex To Depreciation account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Telesat Corp's Capex To Depreciation and Book Value Per Share is -0.47. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Telesat Corp, assuming nothing else is changed. The correlation between historical values of Telesat Corp's Capex To Depreciation and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Telesat Corp are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Capex To Depreciation i.e., Telesat Corp's Capex To Depreciation and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Most indicators from Telesat Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telesat Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telesat Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Telesat Stock, please use our How to Invest in Telesat Corp guide.As of the 24th of November 2024, Tax Provision is likely to grow to about 94.1 M, while Selling General Administrative is likely to drop about 85.7 M.

	2021	2022	2023	2024 (projected)
Total Revenue	758.2M	759.2M	704.2M	689.0M
Depreciation And Amortization	219.8M	203.7M	195.8M	189.3M

Total Revenue Depreciation And Amortization

Telesat Corp fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total
Total Assets		-0.62	-0.4	-0.81	-0.55	0.14	-0.34	0.65	0.76	-0.68	0.3	0.16	0.74	0.49	-0.6	-0.48	0.3	0.4	0.27	0.68	0.8	-0.33	0.75	-0.74	-0.48	0.06
Other Current Liab	-0.62		0.83	0.43	0.91	-0.25	-0.35	-0.48	-0.74	0.87	-0.45	-0.11	-0.83	-0.67	0.48	0.81	-0.58	-0.29	-0.24	-0.13	-0.32	0.57	-0.83	0.81	0.87	0.07
Total Current Liabilities	-0.4	0.83		0.2	0.69	-0.08	-0.48	-0.27	-0.55	0.64	-0.24	0.12	-0.62	-0.47	0.32	0.67	-0.41	-0.15	0.0	-0.14	-0.18	0.41	-0.62	0.58	0.78	0.05
Total Stockholder Equity	-0.81	0.43	0.2		0.35	0.11	0.58	-0.75	-0.7	0.39	-0.08	-0.18	-0.64	-0.56	0.31	0.27	0.0	-0.11	-0.46	-0.5	-0.76	0.14	-0.65	0.5	0.35	-0.15
Property Plant And Equipment Net	-0.55	0.91	0.69	0.35		-0.4	-0.46	-0.35	-0.8	0.92	-0.63	-0.17	-0.87	-0.53	0.48	0.91	-0.5	-0.34	-0.15	-0.21	-0.27	0.7	-0.86	0.84	0.91	0.17
Net Debt	0.14	-0.25	-0.08	0.11	-0.4		0.33	-0.52	0.33	-0.34	0.94	-0.28	0.35	-0.12	-0.08	-0.26	0.2	0.9	-0.05	0.15	0.02	-0.08	0.34	-0.31	-0.33	0.35
Retained Earnings	-0.34	-0.35	-0.48	0.58	-0.46	0.33		-0.33	-0.04	-0.35	0.34	-0.3	0.06	0.0	-0.05	-0.5	0.37	0.12	-0.28	-0.37	-0.46	-0.41	0.05	-0.18	-0.55	-0.29
Accounts Payable	0.65	-0.48	-0.27	-0.75	-0.35	-0.52	-0.33		0.4	-0.43	-0.32	0.27	0.43	0.74	-0.43	-0.35	0.3	-0.33	0.43	0.23	0.59	-0.35	0.45	-0.45	-0.36	-0.29
Cash	0.76	-0.74	-0.55	-0.7	-0.8	0.33	-0.04	0.4		-0.69	0.59	0.25	0.96	0.49	-0.27	-0.68	0.12	0.4	0.27	0.6	0.46	-0.35	0.96	-0.7	-0.69	0.21
Non Current Assets Total	-0.68	0.87	0.64	0.39	0.92	-0.34	-0.35	-0.43	-0.69		-0.54	-0.17	-0.74	-0.47	0.77	0.83	-0.56	-0.36	-0.13	-0.23	-0.44	0.82	-0.74	0.97	0.82	0.37
Non Currrent Assets Other	0.3	-0.45	-0.24	-0.08	-0.63	0.94	0.34	-0.32	0.59	-0.54		-0.11	0.6	0.06	-0.18	-0.46	0.22	0.82	0.02	0.28	0.13	-0.28	0.59	-0.51	-0.53	0.26
Other Assets	0.16	-0.11	0.12	-0.18	-0.17	-0.28	-0.3	0.27	0.25	-0.17	-0.11		0.19	0.08	-0.2	0.01	-0.15	-0.37	0.13	0.13	-0.01	-0.36	0.2	-0.23	0.19	-0.33
Cash And Short Term Investments	0.74	-0.83	-0.62	-0.64	-0.87	0.35	0.06	0.43	0.96	-0.74	0.6	0.19		0.58	-0.31	-0.76	0.36	0.39	0.21	0.53	0.49	-0.39	1.0	-0.72	-0.77	0.19
Net Receivables	0.49	-0.67	-0.47	-0.56	-0.53	-0.12	0.0	0.74	0.49	-0.47	0.06	0.08	0.58		-0.23	-0.42	0.46	-0.08	0.68	0.13	0.32	-0.3	0.61	-0.44	-0.57	-0.04
Good Will	-0.6	0.48	0.32	0.31	0.48	-0.08	-0.05	-0.43	-0.27	0.77	-0.18	-0.2	-0.31	-0.23		0.41	-0.49	-0.14	-0.01	-0.21	-0.6	0.82	-0.31	0.85	0.39	0.65
Common Stock Shares Outstanding	-0.48	0.81	0.67	0.27	0.91	-0.26	-0.5	-0.35	-0.68	0.83	-0.46	0.01	-0.76	-0.42	0.41		-0.54	-0.25	-0.01	-0.19	-0.22	0.58	-0.75	0.72	0.88	0.16
Short Term Investments	0.3	-0.58	-0.41	0.0	-0.5	0.2	0.37	0.3	0.12	-0.56	0.22	-0.15	0.36	0.46	-0.49	-0.54		0.15	-0.13	-0.07	0.34	-0.44	0.37	-0.48	-0.51	-0.22
Non Current Liabilities Total	0.4	-0.29	-0.15	-0.11	-0.34	0.9	0.12	-0.33	0.4	-0.36	0.82	-0.37	0.39	-0.08	-0.14	-0.25	0.15		0.05	0.31	0.19	0.06	0.38	-0.35	-0.32	0.49
Inventory	0.27	-0.24	0.0	-0.46	-0.15	-0.05	-0.28	0.43	0.27	-0.13	0.02	0.13	0.21	0.68	-0.01	-0.01	-0.13	0.05		0.05	-0.01	0.0	0.24	-0.14	-0.11	0.11
Other Current Assets	0.68	-0.13	-0.14	-0.5	-0.21	0.15	-0.37	0.23	0.6	-0.23	0.28	0.13	0.53	0.13	-0.21	-0.19	-0.07	0.31	0.05		0.55	-0.02	0.54	-0.3	-0.13	0.23
Other Stockholder Equity	0.8	-0.32	-0.18	-0.76	-0.27	0.02	-0.46	0.59	0.46	-0.44	0.13	-0.01	0.49	0.32	-0.6	-0.22	0.34	0.19	-0.01	0.55		-0.29	0.49	-0.57	-0.29	-0.06
Total Liab	-0.33	0.57	0.41	0.14	0.7	-0.08	-0.41	-0.35	-0.35	0.82	-0.28	-0.36	-0.39	-0.3	0.82	0.58	-0.44	0.06	0.0	-0.02	-0.29		-0.39	0.82	0.57	0.8
Total Current Assets	0.75	-0.83	-0.62	-0.65	-0.86	0.34	0.05	0.45	0.96	-0.74	0.59	0.2	1.0	0.61	-0.31	-0.75	0.37	0.38	0.24	0.54	0.49	-0.39		-0.72	-0.76	0.18
Intangible Assets	-0.74	0.81	0.58	0.5	0.84	-0.31	-0.18	-0.45	-0.7	0.97	-0.51	-0.23	-0.72	-0.44	0.85	0.72	-0.48	-0.35	-0.14	-0.3	-0.57	0.82	-0.72		0.73	0.38
Common Stock	-0.48	0.87	0.78	0.35	0.91	-0.33	-0.55	-0.36	-0.69	0.82	-0.53	0.19	-0.77	-0.57	0.39	0.88	-0.51	-0.32	-0.11	-0.13	-0.29	0.57	-0.76	0.73		0.11
Short Long Term Debt Total	0.06	0.07	0.05	-0.15	0.17	0.35	-0.29	-0.29	0.21	0.37	0.26	-0.33	0.19	-0.04	0.65	0.16	-0.22	0.49	0.11	0.23	-0.06	0.8	0.18	0.38	0.11

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Telesat Corp Account Relationship Matchups

Telesat Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.9B	5.6B	6.4B	6.5B	6.3B	6.6B
Other Current Liab	43.0M	72.8M	47.2M	58.9M	36.8M	34.9M
Total Current Liabilities	161.3M	162.1M	182.0M	171.4M	137.7M	164.9M
Total Stockholder Equity	1.2B	1.5B	416.5M	480.4M	661.9M	792.8M
Property Plant And Equipment Net	1.5B	1.3B	1.4B	1.4B	1.3B	1.3B
Net Debt	3.2B	2.4B	2.3B	2.2B	1.8B	2.8B
Retained Earnings	1.0B	1.3B	350.9M	355.2M	534.1M	668.0M
Accounts Payable	26.2M	5.4M	54.6M	43.6M	43.6M	45.8M
Cash	542.5M	818.4M	1.4B	1.7B	1.4B	880.9M
Non Current Assets Total	4.8B	4.7B	4.7B	4.7B	4.5B	4.0B
Non Currrent Assets Other	14.5M	277K	43.5M	63.3M	47.8M	50.2M
Other Assets	78.4M	143.3M	106.1M	123.7M	142.3M	111.5M
Cash And Short Term Investments	1.0B	818.8M	1.5B	1.7B	1.7B	950.3M
Net Receivables	90.8M	55.0M	125.9M	59.7M	94.8M	69.8M
Short Term Investments	484.7M	448K	861K	515K	245.2M	257.4M
Non Current Liabilities Total	4.5B	4.0B	4.5B	4.5B	3.7B	4.7B
Inventory	3.6M	5.2M	17.0M	2.0M	4.3M	5.7M
Other Current Assets	13.3M	8.3M	41.1M	50.3M	48.2M	34.0M
Total Liab	4.7B	4.1B	4.7B	4.6B	3.9B	3.7B
Total Current Assets	1.1B	893.6M	1.6B	1.8B	1.8B	1.1B
Intangible Assets	802.8M	779.2M	764.1M	756.9M	692.8M	639.2M
Common Stock	26.6M	155.7M	42.8M	46.6M	51.3M	48.7M
Short Long Term Debt Total	3.7B	3.2B	3.8B	3.9B	3.2B	2.9B
Liabilities And Stockholders Equity	5.9B	5.6B	6.4B	6.5B	6.3B	6.6B
Accumulated Other Comprehensive Income	59.4M	37.7M	22.8M	78.6M	76.6M	56.5M
Short Term Debt	26.3M	2.1M	1.9M	2.1M	2.2M	2.1M
Other Liab	795.6M	739.6M	657.9M	590.4M	531.4M	605.2M
Net Tangible Assets	(2.2B)	(2.0B)	(1.8B)	(2.8B)	(2.5B)	(2.6B)
Deferred Long Term Liab	1.0M	775K	511K	247K	222.3K	211.2K
Property Plant Equipment	1.7B	1.5B	1.3B	1.4B	1.3B	1.2B

Pair Trading with Telesat Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Telesat Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Telesat Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Telesat Stock

0.7

WINS

Winshear Gold Corp Earnings Call This Week

Pair Corr

Moving against Telesat Stock

0.56	WCM-A	Wilmington Capital	Pair Corr
0.53	CNE	Canacol Energy	Pair Corr
0.48	TIL	Till Capital	Pair Corr

The ability to find closely correlated positions to Telesat Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telesat Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Telesat Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Telesat Corp to buy it.

The correlation of Telesat Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Telesat Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telesat Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Telesat Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Telesat Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Telesat Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Telesat Corp Stock. Highlighted below are key reports to facilitate an investment decision about Telesat Corp Stock:

How To Invest In Telesat

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Is Telesat Stock a good investment?

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What is Telesat Corp's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telesat Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Telesat Stock, please use our How to Invest in Telesat Corp guide.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Please note, there is a significant difference between Telesat Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telesat Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telesat Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Telesat Capex To Depreciation vs Book Value Per Share Analysis

Capex To Depreciation vs Book Value Per Share

Capex To Depreciation vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Book Value Per Share

Telesat Corp fundamental ratios Correlations

Telesat Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Telesat Corp fundamental ratios Accounts

Pair Trading with Telesat Corp

Moving together with Telesat Stock

Moving against Telesat Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Intangible Assets	+ 0.97	Non Current Assets Total
Cash And Short Term Investments	+ 0.96	Cash
Total Current Assets	+ 0.96	Cash
Non Currrent Assets Other	+ 0.94	Net Debt
Non Current Assets Total	+ 0.92	Property Plant And Equipment Net

Cash And Short Term Investments	- 0.87	Property Plant And Equipment Net
Total Current Assets	- 0.86	Property Plant And Equipment Net
Total Current Assets	- 0.83	Other Current Liab
Cash And Short Term Investments	- 0.83	Other Current Liab
Total Stockholder Equity	- 0.81	Total Assets
Cash	- 0.8	Property Plant And Equipment Net