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Space CommunicationSPMMF 34 Debt-to-Equity is 2.07 as of Mar. 2026, which is 53% below its 10-year median of 4.42. GuruFocus rates SPMMF with a GF Score™ of 34/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 322 Telecommunication Services companies, Space Communication ranks worse than 85.71% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Space Communication's Debt-to-Equity or its related term are showing as below:
SPMMF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.02 Med: 4.42 Max: 34.66
Current: 2.07
During the past 13 years, the highest Debt-to-Equity Ratio of Space Communication was 34.66. The lowest was 1.02. And the median was 4.42.
SPMMF's Debt-to-Equity is ranked worse than 85.71% of 322
companies
in the Telecommunication Services industry
Industry Median: 0.615
vs SPMMF: 2.07
Space Communication (OTCPK:SPMMF) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Space Communication Debt-to-Equity Related Terms
Space Communication Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Space Communication's Debt-to-Equity 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 Telecom Services subindustry, Space Communication's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Space Communication's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Space Communication's Debt-to-Equity 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 Communication (SPMMF) has a Debt-to-Equity of 2.07 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Space Communication and its competitors. This is 53% below median its historical median of 4.42. Over the past decade, Space Communication's Debt-to-Equity has ranged from 1.02 to 34.66. According to the industry distribution chart, Space Communication ranks #276 out of 322 companies in the Telecommunication Services industry, placing it in the top 85.7%.
Is Space Communication's Debt-to-Equity too high?
Space Communication's current Debt-to-Equity of 2.07 is 53% below median its 10-year median of 4.42. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 34.66. The Telecommunication Services industry median Debt-to-Equity is 0.62. Space Communication's value of 2.07 is 236.6% above this industry median. Based on the distribution chart, Space Communication ranks #276 out of 322 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Space Communication has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Space Communication's Debt-to-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Space Communication ranks #276 out of 322 companies for Debt-to-Equity. This places Space Communication in the lower half of its industry. The industry median Debt-to-Equity is 0.62. Space Communication's value of 2.07 is 236.6% above this benchmark. Historically, Space Communication's own Debt-to-Equity has ranged from 1.02 to 34.66 over the past decade. While the company's 10-year median is 4.42 vs. the industry median of 0.62, Space Communication 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 Debt-to-Equity for a Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.62, based on 322 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Space Communication's current Debt-to-Equity of 2.07 is 236.6% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Space Communication and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Communication's current Debt-to-Equity is 2.07, which is 53% below median its own 10-year median of 4.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Communication stock overvalued right now?
Based on GuruFocus' analysis, Space Communication (SPMMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $0.53 — trading 275.4% above its estimated fair value. The current Debt-to-Equity is 2.07, which is 53% below median its 10-year median of 4.42 and 236.6% above the Telecommunication Services industry median of 0.62. Space Communication's overall GF Score™ is 34/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Space Communication (SPMMF), the current Debt-to-Equity is 2.07 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 Space Communication (SPMMF) Overvalued in 2026?
Based on GuruFocus' analysis, Space Communication stock appears to be overvalued.
The current stock price of $0.53 is trading 275.4% above its estimated GF Value™ of $0.14.
GuruFocus considers Space Communication to be Significantly Overvalued.
Key valuation signals for SPMMF:
Debt-to-Equity: 2.07 (53% below median its 10-year median of 4.42)
GF Value™: $0.14 vs. price of $0.53 (275.4% above fair value)
Industry Position: 236.6% above the Telecommunication Services median (#276 of 322)
No single metric tells the full story. See the SPMMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
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