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Space Hellas RATH:SPACE -1.72%85 Cash-to-Debt is 0.14 as of Dec. 2025, which is 66% below its 10-year median of 0.41. GuruFocus rates ATH:SPACE with a GF Score™ of 85/100 and a GF Value™ of €8.13 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 2,776 Software companies, Space Hellas R ranks worse than 90.53% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Space Hellas R's cash to debt ratio for the quarter that ended in Dec. 2025 was 0.14.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Space Hellas Rcouldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Space Hellas R's Cash-to-Debt or its related term are showing as below:
ATH:SPACE'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.41 Max: 0.75
Current: 0.14
During the past 13 years, Space Hellas R's highest Cash to Debt Ratio was 0.75. The lowest was 0.14. And the median was 0.41.
ATH:SPACE's Cash-to-Debt is ranked worse than 90.53% of 2776
companies
in the Software industry
Industry Median: 2.53
vs ATH:SPACE: 0.14
Space Hellas R (ATH:SPACE) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Space Hellas R Cash-to-Debt Related Terms
Space Hellas R Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Space Hellas R's Cash-to-Debt can be seen below:
* 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
ATH:SPACE vs QH, SHOP, UBER: Cash-to-Debt Comparison
For the Software - Application subindustry, Space Hellas R's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Hellas R Cash-to-Debt vs Software Industry
For the Software industry and Technology sector, Space Hellas R's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Space Hellas R's Cash-to-Debt 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 Hellas R (ATH:SPACE) has a Cash-to-Debt of 0.14 as of Dec. 2025. This is 66% below median its historical median of 0.41. Over the past decade, Space Hellas R's Cash-to-Debt has ranged from 0.14 to 0.75. According to the industry distribution chart, Space Hellas R ranks #2513 out of 2776 companies in the Software industry, placing it in the top 90.5%.
Is Space Hellas R's Cash-to-Debt too high?
Space Hellas R's current Cash-to-Debt of 0.14 is 66% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.75. The Software industry median Cash-to-Debt is 2.53. Space Hellas R's value of 0.14 is 94.5% below this industry median. Based on the distribution chart, Space Hellas R ranks #2513 out of 2776 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Space Hellas R has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Space Hellas R's Cash-to-Debt compare to QH and SHOP?
According to the Software industry distribution chart, Space Hellas R ranks #2513 out of 2776 companies for Cash-to-Debt. This places Space Hellas R in the lower half of its industry. The industry median Cash-to-Debt is 2.53. Space Hellas R's value of 0.14 is 94.5% below this benchmark. Historically, Space Hellas R's own Cash-to-Debt has ranged from 0.14 to 0.75 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 2.53, Space Hellas R has consistently been below 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-to-Debt for a Software company?
The median Cash-to-Debt among Software companies is 2.53, based on 2,776 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Space Hellas R's current Cash-to-Debt of 0.14 is 94.5% below 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-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median Cash-to-Debt is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Hellas R's current Cash-to-Debt is 0.14, which is 66% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Hellas R stock overvalued right now?
Based on GuruFocus' analysis, Space Hellas R (ATH:SPACE) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.13, compared to a current price of €9.12 — trading 12.2% above its estimated fair value. The current Cash-to-Debt is 0.14, which is 66% below median its 10-year median of 0.41 and 94.5% below the Software industry median of 2.53. Space Hellas R's overall GF Score™ is 85/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Space Hellas R (ATH:SPACE), the current Cash-to-Debt is 0.14 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.
Is Space Hellas R (ATH:SPACE) Overvalued in 2026?
Based on GuruFocus' analysis, Space Hellas R stock appears to be overvalued.
The current stock price of €9.12 is trading 12.2% above its estimated GF Value™ of €8.13.
GuruFocus considers Space Hellas R to be Modestly Overvalued.
Key valuation signals for ATH:SPACE:
Cash-to-Debt: 0.14 (66% below median its 10-year median of 0.41)
GF Value™: €8.13 vs. price of €9.12 (12.2% above fair value)
Industry Position: 94.5% below the Software median (#2513 of 2776)
No single metric tells the full story. See the ATH:SPACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Space Hellas R is principally engaged in the business of Telecommunications, IT, Security Systems & Services. The company has three main segments are namely Telecommunications, IT, Security Systems & Services. The company is based in Greece. Approximately 70% revenues derived from Telecommunications and IT sectors. Geographically it operates through the region of Greece. Approximately 70% revenues derived from Telecommunications and IT.
85GF Score
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