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Space CommunicationSPMMF 34 Equity-to-Asset is 0.30 as of Mar. 2026, which is 88% above its 10-year median of 0.16. 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 367 Telecommunication Services companies, Space Communication ranks worse than 65.94% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Space Communication's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $75.44 Mil. Space Communication's Total Assets for the quarter that ended in Mar. 2026 was $249.69 Mil.
Therefore, Space Communication's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.30.
The historical rank and industry rank for Space Communication's Equity-to-Asset or its related term are showing as below:
SPMMF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02 Med: 0.16 Max: 0.34
Current: 0.3
During the past 13 years, the highest Equity to Asset Ratio of Space Communication was 0.34. The lowest was 0.02. And the median was 0.16.
SPMMF's Equity-to-Asset is ranked worse than 65.94% of 367
companies
in the Telecommunication Services industry
Industry Median: 0.4
vs SPMMF: 0.30
Space Communication (OTCPK:SPMMF) 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%.
Space Communication Equity-to-Asset Related Terms
Space Communication Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Space Communication'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.
For the Telecom Services subindustry, Space Communication'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.
Space Communication Equity-to-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Space Communication's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Space Communication's Equity-to-Asset falls into.
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.
Space Communication's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 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 Space Communication and its competitors. This is 88% above median its historical median of 0.16. Over the past decade, Space Communication's Equity-to-Asset has ranged from 0.02 to 0.34. According to the industry distribution chart, Space Communication ranks #242 out of 367 companies in the Telecommunication Services industry, placing it in the top 65.9%.
Is Space Communication's Equity-to-Asset too high?
Space Communication's current Equity-to-Asset of 0.30 is 88% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.34. The Telecommunication Services industry median Equity-to-Asset is 0.40. Space Communication's value of 0.30 is 25% below this industry median. Based on the distribution chart, Space Communication ranks #242 out of 367 companies in the Telecommunication Services industry, which is below the industry midpoint. 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 Equity-to-Asset compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Space Communication ranks #242 out of 367 companies for Equity-to-Asset. This places Space Communication in the lower half of its industry. The industry median Equity-to-Asset is 0.40. Space Communication's value of 0.30 is 25% below this benchmark. Historically, Space Communication's own Equity-to-Asset has ranged from 0.02 to 0.34 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.40, Space Communication 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 Telecommunication Services company?
The median Equity-to-Asset among Telecommunication Services companies is 0.40, based on 367 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. Space Communication's current Equity-to-Asset of 0.30 is 25% 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 Space Communication and its competitors. For the Telecommunication Services industry, the median Equity-to-Asset is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Communication's current Equity-to-Asset is 0.30, which is 88% above median its own 10-year median of 0.16. 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 Equity-to-Asset is 0.30, which is 88% above median its 10-year median of 0.16 and 25% below the Telecommunication Services industry median of 0.40. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Space Communication (SPMMF), 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 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:
Equity-to-Asset: 0.30 (88% above median its 10-year median of 0.16)
GF Value™: $0.14 vs. price of $0.53 (275.4% above fair value)
Industry Position: 25% below the Telecommunication Services median (#242 of 367)
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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