MDA SpaceTSX:MDA -1.37%47 Current Ratio is 0.80 as of Mar. 2026, which is 28% below its 10-year median of 1.11. GuruFocus rates TSX:MDA with a GF Score™ of 47/100 and a GF Value™ of C$31.65 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 357 Aerospace & Defense companies, MDA Space ranks worse than 95.52% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. MDA Space's current ratio for the quarter that ended in Mar. 2026 was 0.80.
MDA Space has a current ratio of 0.80. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If MDA Space has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for MDA Space's Current Ratio or its related term are showing as below:
TSX:MDA'
s Current Ratio Range Over the Past 10 Years
Min: 0.47 Med: 1.11 Max: 1.74
Current: 0.8
During the past 6 years, MDA Space's highest Current Ratio was 1.74. The lowest was 0.47. And the median was 1.11.
TSX:MDA's Current Ratio is ranked worse than 95.52% of 357
companies
in the Aerospace & Defense industry
Industry Median: 1.93
vs TSX:MDA: 0.80
MDA Space (TSX:MDA) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
MDA Space Current Ratio Related Terms
MDA Space Current Ratio Historical Data
* Premium members only.
The historical data trend for MDA Space's Current Ratio 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.
For the Aerospace & Defense subindustry, MDA Space's Current Ratio, along with its competitors' market caps and Current 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.
MDA Space Current Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, MDA Space's Current Ratio distribution charts can be found below:
* The bar in red indicates where MDA Space's Current 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.
MDA Space (TSX:MDA) has a Current Ratio of 0.80 as of Mar. 2026. This is 28% below median its historical median of 1.11. Over the past decade, MDA Space's Current Ratio has ranged from 0.47 to 1.74. According to the industry distribution chart, MDA Space ranks #341 out of 357 companies in the Aerospace & Defense industry, placing it in the top 95.5%.
Is MDA Space's Current Ratio too high?
MDA Space's current Current Ratio of 0.80 is 28% below median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.74. The Aerospace & Defense industry median Current Ratio is 1.93. MDA Space's value of 0.80 is 58.5% below this industry median. Based on the distribution chart, MDA Space ranks #341 out of 357 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, MDA Space has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MDA Space's Current Ratio compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, MDA Space ranks #341 out of 357 companies for Current Ratio. This places MDA Space in the lower half of its industry. The industry median Current Ratio is 1.93. MDA Space's value of 0.80 is 58.5% below this benchmark. Historically, MDA Space's own Current Ratio has ranged from 0.47 to 1.74 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.93, MDA Space 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 Current Ratio for an Aerospace & Defense company?
The median Current Ratio among Aerospace & Defense companies is 1.93, based on 357 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MDA Space's current Current Ratio of 0.80 is 58.5% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median Current Ratio is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDA Space's current Current Ratio is 0.80, which is 28% below median its own 10-year median of 1.11. 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 (TSX:MDA) is currently considered Significantly Overvalued. The stock's GF Value™ is C$31.65, compared to a current price of C$50.48 — trading 59.5% above its estimated fair value. The current Current Ratio is 0.80, which is 28% below median its 10-year median of 1.11 and 58.5% below the Aerospace & Defense industry median of 1.93. MDA Space's overall GF Score™ is 47/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For MDA Space (TSX:MDA), the current Current Ratio is 0.80 as of Mar. 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 (TSX:MDA) Overvalued in 2026?
Based on GuruFocus' analysis, MDA Space stock appears to be overvalued.
The current stock price of C$50.48 is trading 59.5% above its estimated GF Value™ of C$31.65.
GuruFocus considers MDA Space to be Significantly Overvalued.
Key valuation signals for TSX:MDA:
Current Ratio: 0.80 (28% below median its 10-year median of 1.11)
GF Value™: C$31.65 vs. price of C$50.48 (59.5% above fair value)
Industry Position: 58.5% below the Aerospace & Defense median (#341 of 357)
No single metric tells the full story. See the TSX: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.
47GF Score
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