SATS (SPASF) Equity-to-Asset: 0.30 (As of Mar. 2026) — 40% Below Median

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SPASF SATS Ltd SPASF
77 GF Score
Price $3.69
GF Value $3.39
Valuation Fairly Valued
! 9 Warning Signs
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What is SATS Equity-to-Asset?

SATS SPASF 77 Equity-to-Asset is 0.30 as of Mar. 2026, which is 40% below its 10-year median of 0.50. GuruFocus rates SPASF with a GF Score™ of 77/100 and a GF Value™ of $3.39 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,011 Transportation companies, SATS ranks worse than 77.94% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SATS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $2,149 Mil. SATS's Total Assets for the quarter that ended in Mar. 2026 was $7,091 Mil. Therefore, SATS's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.30.

The historical rank and industry rank for SATS's Equity-to-Asset or its related term are showing as below:

SPASF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.5   Max: 0.7
Current: 0.3

During the past 13 years, the highest Equity to Asset Ratio of SATS was 0.70. The lowest was 0.28. And the median was 0.50.

SPASF's Equity-to-Asset is ranked worse than
77.94% of 1011 companies
in the Transportation industry
Industry Median: 0.5 vs SPASF: 0.30

SATS  (OTCPK:SPASF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


SATS Equity-to-Asset Related Terms


SATS Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for SATS's Equity-to-Asset 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.

SATS Equity-to-Asset Chart

SATS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.50 0.28 0.29 0.30

SATS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.00 0.30 0.31 0.30

SPASF vs JOBY, CAAP: Equity-to-Asset Comparison

For the Airports & Air Services subindustry, SATS's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


SATS Equity-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, SATS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where SATS's Equity-to-Asset falls into.


SPASF
77GF Score
SATS Ltd SPASF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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SATS Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

SATS's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=2149.344/7091.122
=0.30

SATS's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=2149.344/7091.122
=0.30

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.30 mean?
SATS (SPASF) has a Equity-to-Asset of 0.30 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on SATS and its competitors. This is 40% below median its historical median of 0.50. Over the past decade, SATS's Equity-to-Asset has ranged from 0.28 to 0.70. According to the industry distribution chart, SATS ranks #788 out of 1011 companies in the Transportation industry, placing it in the top 77.9%.
Is SATS's Equity-to-Asset too high?
SATS's current Equity-to-Asset of 0.30 is 40% below median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.70. The Transportation industry median Equity-to-Asset is 0.50. SATS's value of 0.30 is 40% below this industry median. Based on the distribution chart, SATS ranks #788 out of 1011 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, SATS has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SATS's Equity-to-Asset compare to JOBY and CAAP?
According to the Transportation industry distribution chart, SATS ranks #788 out of 1011 companies for Equity-to-Asset. This places SATS in the lower half of its industry. The industry median Equity-to-Asset is 0.50. SATS's value of 0.30 is 40% below this benchmark. Historically, SATS's own Equity-to-Asset has ranged from 0.28 to 0.70 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.50, SATS 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 Equity-to-Asset for a Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SATS's current Equity-to-Asset of 0.30 is 40% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on SATS and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SATS's current Equity-to-Asset is 0.30, which is 40% below median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SATS stock overvalued right now?
Based on GuruFocus' analysis, SATS (SPASF) is currently considered Fairly Valued. The stock's GF Value™ is $3.39, compared to a current price of $3.69 — trading 8.8% above its estimated fair value. The current Equity-to-Asset is 0.30, which is 40% below median its 10-year median of 0.50 and 40% below the Transportation industry median of 0.50. SATS's overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For SATS (SPASF), the current Equity-to-Asset is 0.30 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 SATS (SPASF) Overvalued in 2026?

Based on GuruFocus' analysis, SATS stock appears to be overvalued. The current stock price of $3.69 is trading 8.8% above its estimated GF Value™ of $3.39. GuruFocus considers SATS to be Fairly Valued.

Key valuation signals for SPASF:

  • Equity-to-Asset: 0.30 (40% below median its 10-year median of 0.50)
  • GF Value™: $3.39 vs. price of $3.69 (8.8% above fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 40% below the Transportation median (#788 of 1011)

No single metric tells the full story. See the SPASF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SATS Business Description

Address 20 Airport Boulevard, SATS Inflight Catering Centre 1, Singapore, SGP, 819659
SATS Ltd is a Singapore-based provider of ground-handling and in-flight catering services for air transportation in Asia and Australia. Additionally, it offers food distribution and logistics, industrial catering, and other amenities for hospitality and government agencies. The company has three reportable segments: food solutions (segment by revenue), gateway services, and others. The company has partnerships with multiple airlines to provide catering during flights and offers experience in planning airline menus, institutional catering, linen, and laundry to improve the airline's appearance. Gateway services cover the gamut of procedures airports must handle for each passenger. Baggage, ramp handling, passenger services, and terminal management are all offered to customers.
77GF Score

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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.69
Price
$3.39
GF Value