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MDA SpaceMDA +5.72%64 Cash-to-Debt is 1.05 as of Jun. 2026, which is 192% above its 10-year median of 0.36. GuruFocus rates MDA with a GF Score™ of 64/100 and a GF Value™ of $27.65 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 356 Aerospace & Defense companies, MDA Space ranks better than 51.12% 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. MDA Space's cash to debt ratio for the quarter that ended in Jun. 2026 was 1.05.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, MDA Spacecould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for MDA Space's Cash-to-Debt or its related term are showing as below:
MDA'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.36 Max: 2.73
Current: 1.05
During the past 6 years, MDA Space's highest Cash to Debt Ratio was 2.73. The lowest was 0.04. And the median was 0.36.
MDA's Cash-to-Debt is ranked better than 51.12% of 356
companies
in the Aerospace & Defense industry
Industry Median: 0.96
vs MDA: 1.05
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.
MDA Space Cash-to-Debt Related Terms
MDA Space Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for MDA Space'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.
For the Aerospace & Defense subindustry, MDA Space'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.
MDA Space Cash-to-Debt vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, MDA Space's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where MDA Space'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.
MDA Space (MDA) has a Cash-to-Debt of 1.05 as of Jun. 2026. This is 192% above median its historical median of 0.36. Over the past decade, MDA Space's Cash-to-Debt has ranged from 0.04 to 2.73. According to the industry distribution chart, MDA Space ranks #174 out of 356 companies in the Aerospace & Defense industry, placing it in the top 48.9%.
Is MDA Space's Cash-to-Debt too high?
MDA Space's current Cash-to-Debt of 1.05 is 192% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 2.73. The Aerospace & Defense industry median Cash-to-Debt is 0.96. MDA Space's value of 1.05 is 9.4% above this industry median. Based on the distribution chart, MDA Space ranks #174 out of 356 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, MDA Space has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MDA Space's Cash-to-Debt compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, MDA Space ranks #174 out of 356 companies for Cash-to-Debt. This puts MDA Space in the upper half of its industry. The industry median Cash-to-Debt is 0.96. MDA Space's value of 1.05 is 9.4% above this benchmark. Historically, MDA Space's own Cash-to-Debt has ranged from 0.04 to 2.73 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.96, MDA Space 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-to-Debt for an Aerospace & Defense company?
The median Cash-to-Debt among Aerospace & Defense companies is 0.96, based on 356 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. MDA Space's current Cash-to-Debt of 1.05 is 9.4% 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-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median Cash-to-Debt is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDA Space's current Cash-to-Debt is 1.05, which is 192% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDA Space stock overvalued right now?
Based on GuruFocus' analysis, MDA Space (MDA) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.65, compared to a current price of $31.79 — trading 15% above its estimated fair value. The current Cash-to-Debt is 1.05, which is 192% above median its 10-year median of 0.36 and 9.4% above the Aerospace & Defense industry median of 0.96. MDA Space's overall GF Score™ is 64/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For MDA Space (MDA), the current Cash-to-Debt is 1.05 as of Jun. 2026. 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 MDA Space (MDA) Overvalued in 2026?
Based on GuruFocus' analysis, MDA Space stock appears to be overvalued.
The current stock price of $31.79 is trading 15% above its estimated GF Value™ of $27.65.
GuruFocus considers MDA Space to be Modestly Overvalued.
Key valuation signals for MDA:
Cash-to-Debt: 1.05 (192% above median its 10-year median of 0.36)
GF Value™: $27.65 vs. price of $31.79 (15% above fair value)
Industry Position: 9.4% above the Aerospace & Defense median (#174 of 356)
No single metric tells the full story. See the MDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, space exploration, and infrastructure. The Company collaborates and partners with governments and space agencies, commercial space companies, and defence and aerospace prime contractors in the space industry. Geographically, it generates the majority of its revenue from Canada.
64GF Score
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