Telesat (TSAT) - Net Assets

Net assets on the balance sheet as of September 2024 : €1.80 Billion

According to Telesat's latest financial reports the company has €1.80 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Telesat - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$€1.63 B	29.42%
2022-12-31	$€1.26 B	7.57%
2021-12-31	$€1.17 B	26.25%
2020-12-31	$€0.93 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Telesat (TSAT) - Net assets