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MDA SpaceTSX:MDA +2.08%55 Interest Coverage is 6.65 as of Jun. 2026, which is 20% above its 10-year median of 5.53. GuruFocus rates TSX:MDA with a GF Score™ of 55/100 and a GF Value™ of C$39.38 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 245 Aerospace & Defense companies, MDA Space ranks worse than 54.69% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. MDA Space's
Operating Income
for the
three
months ended in Jun. 2026 was C$31 Mil. MDA Space's Interest Expense for the
three
months ended in Jun. 2026 was C$-5 Mil.
MDA Space's interest coverage for the quarter that ended in Jun. 2026 was 6.65.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for MDA Space's Interest Coverage or its related term are showing as below:
TSX:MDA'
s Interest Coverage Range Over the Past 10 Years
Min: 1.62 Med: 5.53 Max: 9.28
Current: 7.41
TSX:MDA's Interest Coverage is ranked worse than 54.69% of 245
companies
in the Aerospace & Defense industry
Industry Median: 8.32
vs TSX:MDA: 7.41
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
MDA Space Interest Coverage Related Terms
MDA Space Interest Coverage Historical Data
* Premium members only.
The historical data trend for MDA Space's Interest Coverage 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: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
TSX:MDA vs SPCX, GE, RTX: Interest Coverage Comparison
For the Aerospace & Defense subindustry, MDA Space's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, MDA Space's Interest Coverage distribution charts can be found below:
* The bar in red indicates where MDA Space's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 Interest Coverage of 6.65 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MDA Space and its competitors. This is 20% above median its historical median of 5.53. Over the past decade, MDA Space's Interest Coverage has ranged from 1.62 to 9.28. According to the industry distribution chart, MDA Space ranks #134 out of 245 companies in the Aerospace & Defense industry, placing it in the top 54.7%.
Is MDA Space's Interest Coverage too high?
MDA Space's current Interest Coverage of 6.65 is 20% above median its 10-year median of 5.53. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 9.28. The Aerospace & Defense industry median Interest Coverage is 8.32. MDA Space's value of 6.65 is 20.1% below this industry median. Based on the distribution chart, MDA Space ranks #134 out of 245 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, MDA Space has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MDA Space's Interest Coverage compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, MDA Space ranks #134 out of 245 companies for Interest Coverage. This places MDA Space in the lower half of its industry. The industry median Interest Coverage is 8.32. MDA Space's value of 6.65 is 20.1% below this benchmark. Historically, MDA Space's own Interest Coverage has ranged from 1.62 to 9.28 over the past decade. While the company's 10-year median is 5.53 vs. the industry median of 8.32, 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 Interest Coverage for an Aerospace & Defense company?
The median Interest Coverage among Aerospace & Defense companies is 8.32, based on 245 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MDA Space's current Interest Coverage of 6.65 is 20.1% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MDA Space and its competitors. For the Aerospace & Defense industry, the median Interest Coverage is 8.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDA Space's current Interest Coverage is 6.65, which is 20% above median its own 10-year median of 5.53. 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 Modestly Overvalued. The stock's GF Value™ is C$39.38, compared to a current price of C$47.62 — trading 20.9% above its estimated fair value. The current Interest Coverage is 6.65, which is 20% above median its 10-year median of 5.53 and 20.1% below the Aerospace & Defense industry median of 8.32. MDA Space's overall GF Score™ is 55/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For MDA Space (TSX:MDA), the current Interest Coverage is 6.65 as of Jun. 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$47.62 is trading 20.9% above its estimated GF Value™ of C$39.38.
GuruFocus considers MDA Space to be Modestly Overvalued.
Key valuation signals for TSX:MDA:
Interest Coverage: 6.65 (20% above median its 10-year median of 5.53)
GF Value™: C$39.38 vs. price of C$47.62 (20.9% above fair value)
Industry Position: 20.1% below the Aerospace & Defense median (#134 of 245)
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.
55GF Score
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