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What is Space Exploration Technologies Cash Ratio?
Space Exploration TechnologiesLIM:SPCXUS -3.88%7 Cash Ratio is 1.16 as of Dec. 2025, which is 5% above its 10-year median of 1.10. GuruFocus rates LIM:SPCXUS with a GF Score™ of 7/100. The stock has 1 warning sign investors should review. Among 356 Aerospace & Defense companies, Space Exploration Technologies ranks better than 71.91% on this metric.
Space Exploration Technologies has a Cash Ratio of 1.16. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Space Exploration Technologies's Cash Ratio or its related term are showing as below:
LIM:SPCXUS'
s Cash Ratio Range Over the Past 10 Years
Min: 1.03 Med: 1.1 Max: 1.16
Current: 1.16
During the past 3 years, Space Exploration Technologies's highest Cash Ratio was 1.16. The lowest was 1.03. And the median was 1.10.
LIM:SPCXUS's Cash Ratio is ranked better than 71.91% of 356
companies
in the Aerospace & Defense industry
Industry Median: 0.45
vs LIM:SPCXUS: 1.16
Space Exploration Technologies (LIM:SPCXUS) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Space Exploration Technologies Cash Ratio Related Terms
Space Exploration Technologies Cash Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Space Exploration Technologies Cash Ratio Chart
Space Exploration Technologies Annual Data
Trend
Dec23
Dec24
Dec25
Cash Ratio
0.00
1.03
1.16
Space Exploration Technologies Quarterly Data
Dec23
Dec24
Dec25
Cash Ratio
0.00
1.03
1.16
LIM:SPCXUS vs : Cash Ratio Comparison
For the Aerospace & Defense subindustry, Space Exploration Technologies's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Space Exploration Technologies Cash Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Space Exploration Technologies's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Space Exploration Technologies's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Space Exploration Technologies (LIM:SPCXUS) has a Cash Ratio of 1.16 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Space Exploration Technologies and its competitors. This is near median its historical median of 1.10. Over the past decade, Space Exploration Technologies' Cash Ratio has ranged from 1.03 to 1.16. According to the industry distribution chart, Space Exploration Technologies ranks #100 out of 356 companies in the Aerospace & Defense industry, placing it in the top 28.1%.
Is Space Exploration Technologies' Cash Ratio too high?
Space Exploration Technologies' current Cash Ratio of 1.16 is near median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 1.16. The Aerospace & Defense industry median Cash Ratio is 0.45. Space Exploration Technologies' value of 1.16 is 157.8% above this industry median. Based on the distribution chart, Space Exploration Technologies ranks #100 out of 356 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Space Exploration Technologies has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Space Exploration Technologies' Cash Ratio compare to ?
According to the Aerospace & Defense industry distribution chart, Space Exploration Technologies ranks #100 out of 356 companies for Cash Ratio. This puts Space Exploration Technologies in the upper half of its industry. The industry median Cash Ratio is 0.45. Space Exploration Technologies' value of 1.16 is 157.8% above this benchmark. Historically, Space Exploration Technologies' own Cash Ratio has ranged from 1.03 to 1.16 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 0.45, Space Exploration Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Aerospace & Defense company?
The median Cash Ratio among Aerospace & Defense companies is 0.45, based on 356 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Space Exploration Technologies's current Cash Ratio of 1.16 is 157.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Space Exploration Technologies and its competitors. For the Aerospace & Defense industry, the median Cash Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Exploration Technologies's current Cash Ratio is 1.16, which is near median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Exploration Technologies stock overvalued right now?
Space Exploration Technologies (LIM:SPCXUS) has a current Cash Ratio of 1.16. The current Cash Ratio is 1.16, which is near median its 10-year median of 1.10 and 157.8% above the Aerospace & Defense industry median of 0.45. Space Exploration Technologies' overall GF Score™ is 7/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Space Exploration Technologies (LIM:SPCXUS), the current Cash Ratio is 1.16 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Space Exploration Technologies Business Description
Founded in 2002 and commonly known as SpaceX, the Space Exploration Technologies Corporation designs, manufactures, and operates a family of reusable rockets to launch various payloads into Earth orbit for government and commercial customers. Starting in 2019, the company began launching a constellation of its own communication satellites to provide mobile broadband and wireless services under the Starlink brand. In early 2026, the company acquired xAI from its founder, Elon Musk, which operates a large language artificial intelligence model named Grok, a gigawatt-scale data center called Colossus, and the social media network X.
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