Contents
1. The overview of “DISH Network Corporation”
2. The detailed data of “DISH Network Corporation”
3. The map of “DISH Network Corporation”
4. The stock weekly chart of “DISH Network Corporation”
5. The stock weekly trading radar of “DISH Network Corporation”
6. The annual filings of “DISH Network Corporation”
7. The stock price of “DISH Network Corporation”
* Last update: February 6, 2022
The overview of “DISH Network Corporation”
“DISH Network Corporation” is an American company distributing satellite media, such as satellite broadcast, pay TV etc. The company was formerly known as “EchoStar Communications Corporation”, founded in 1980, and is headquartered in Englewood, Colorado, the U.S.. Also, they have owned satellite provider “DISH” and IPTV service “Sling TV” as the “EchoStar” service since March 4, 1996, and offer a mobile prepaid wireless service “DISH Wireless” in recent years.
By the way, the company’s stock is also a component of the Procure Space ETF (NASDAQ:UFO), an ETF for space stocks.
The detailed data of “DISH Network Corporation”
●Established date： 1980
●Location： 9601 South Meridian Boulevard Englewood, CO 80112, United States
●Stock Exchange： NASDAQ（DISH）
●Listing date： September 2009
●Business details： Space, Communication satellite, Communication product（Telecommunication, Space technology）
●Official website： https://about.dish.com/
The map of “DISH Network Corporation”
The stock weekly chart of “DISH Network Corporation”
The stock weekly trading radar of “DISH Network Corporation”
The annual filings of “DISH Network Corporation”
* Date: Feb 19, 2020
* Date: Feb 13, 2019
* Dollars in thousands, except share amounts
| Cutoff date | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|
| Operating income | 2,582,615 | 1,878,876 | 2,147,621 | 1,567,765 |
| Net income attributable | 1,762,673 | 1,399,512 | 1,575,091 | 2,098,689 |
| Total current assets | 7,022,158 | 4,015,100 | 3,289,205 | 3,285,023 |
| Total current liabilities | 6,084,746 | 4,496,091 | 4,776,132 | 4,828,004 |
| Current ratio (1.2 or more is the best) | 1.15 | 0.89 | 0.69 | 0.68 |
| Common stock and additional paid-in capital | 5,406,035 | 4,952,237 | 3,383,772 | 3,301,152 |
| Treasury stock | N/A | N/A | N/A | N/A |
| Retained earning, Accumulated deficit | 8,374,975 | 6,612,302 | 5,212,790 | 3,635,380 |
| Total stockholders' equity | 13,780,645 | 11,564,072 | 8,594,189 | 6,937,906 |
| Total equity and liabilities | 38,239,947 | 33,230,935 | 30,587,012 | 29,773,766 |
| Equity ratio (20% or more is better) (50% or more is the best) | 36.04% | 34.80% | 28.10% | 23.30% |
| Cash flows from operating activities | 3,311,776 | 2,662,401 | 2,517,841 | 2,779,507 |
| Cash flows from investing activities | (3,861,572) | (717,836) | (1,975,273) | (6,521,553) |
| Cash flows from financing activities | 1,499,470 | (328,169) | (1,134,545) | (103,237) |
| Free cash flow | (549,796) | 1,944,565 | 542,568 | (3,742,046) |
The stock price of “DISH Network Corporation”
Total current assets that it's possible to convert to cash within one year increased for two straight years.
Also, Net income and Accumulated earning ascended, and Equity ratio is good situation stability.
However, the cash flows from investing activities increased by purchasing of marketable investment securities and aquisition of "Boost Mobile" etc, so Free cash flow went into negative-territory on this year.
Furthermore, we are a little worried about stock price movement in 2021.
Because this situation is happening in spite of the large amount of cash they borrowed from the bank.
* Comment
Total current assets that it's possible to convert to cash within one year, and Accumulated earning ascended.
In addition, Equity ratio is good sitruation stability.
Also, Net income decended, but Free cash flow became three times as much as last year, so we guess the company has a strong base.
Therefore, the stock prices might rise steadily in 2020 unless there is a major global crash.
* Comment
Retained earning expanded, but Net income went down.
Also, Equity ratio increased so it's good situation.
Furthermore, Free cash flow turned positive from negative.
Therefore, the stock prices might rise steadily in 2019.
| Term year | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Entity min stock price in monthly chart | N/A | approx 29.00 (Jan) | approx 19.02 (Apr) | approx 24.33 (Jan) | approx 24.94 (Dec) |
| Entity max stock price in monthly chart | N/A | approx 45.40 (May) | approx 36.32 (Dec) | approx 39.10 (Jul) | approx 48.40 (Jan) |
| Stock price increase ratio (50% or more is the best) | N/A | 56.55% | 90.96% | 60.70% | (94.06)% |
