Space Communication (XTAE:SCC) Cash-to-Debt : 0.13 (As of Sep. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Space Communication Cash-to-Debt?

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 Communication's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.13.

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 Communication couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Space Communication's Cash-to-Debt or its related term are showing as below:

XTAE:SCC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.18 Max: 0.36
Current: 0.13

During the past 11 years, Space Communication's highest Cash to Debt Ratio was 0.36. The lowest was 0.04. And the median was 0.18.

XTAE:SCC's Cash-to-Debt is ranked worse than
67.02% of 376 companies
in the Telecommunication Services industry
Industry Median: 0.28 vs XTAE:SCC: 0.13

Space Communication Cash-to-Debt Historical Data

The historical data trend for Space Communication'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.

* Premium members only.

Space Communication Cash-to-Debt Chart

Space Communication Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.30

0.29

0.23

0.13

Space Communication Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.13	0.13	0.13	0.12	0.13

Competitive Comparison of Space Communication's Cash-to-Debt

For the Telecom Services subindustry, Space Communication'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 Communication's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Space Communication's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Space Communication's Cash-to-Debt falls into.

Space Communication Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Space Communication's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	159.828	/	(1166.306	+	53.768)
	=	0.13

Space Communication's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	159.956	/	(1136.375	+	55.469)
	=	0.13

Space Communication (XTAE:SCC) 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 Communication Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Space Communication's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Space Communication Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Space Communication Ltd (XTAE:SCC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Menachem Begin Road, Ramat Gan, Ramat Gan, ISR, 52521

Website

https://www.amos-spacecom.com

Space Communication Ltd is a satellite operator and satellite service provider. It provides broadcasting and communications services to Direct-to-home (DTH) operators, TV broadcasters and programmers, government and corporate organizations, and VSAT network operators.

Space Communication Headlines

From GuruFocus

Murray Stahl's Horizon Kinetics on Sears Canada

By Grass Hopper Grass Hopper • 01-18-2014